05 Aug Siemens Energy Report Earnings for Q3 FY 2026:
(Oilandgaspress) 05/08/26, – Siemens Energy further accelerated its profitable growth in the third quarter, achieving record levels of orders, revenue and profitability. Order intake once again benefited primarily from demand in the U.S. Also, Siemens Energy delivered its highest quarterly revenue to date, supported by progress in capacity expansion. Siemens Gamesa reported a positive result for the first time since fiscal year 2022 and is on track to reach break-even for 2026. Strong cash flow momentum also continued.
Orders reached another record level of €17.9bn. Growth was driven by a new record order intake at Gas Services, as well as strong increases at Grid Technologies and Transformation of Industry. Book-to-bill ratio (ratio of orders to revenue) was 1.57, while order backlog increased to €162bn at quarter-end.
Year-over-year, revenue rose 18.5% on a comparable basis (excluding currency translation and portfolio effects) to €11.4bn. Growth was rec-orded across all segments.
Profit before Special items more than tripled to €1,623m, compared with €497 million in Q3 FY 2025. All segments delivered strong improve-ments, with Siemens Gamesa making the largest contribution. Special items amounted to negative €59m (Q3 FY 2025: positive €458m, primar-ily reflecting the demerger of the energy business from Siemens Limited, India). Siemens Energy’s Profit came in at €1,564m (Q3 FY 2025: €956m).
Net income also increased sharply to €1,188m (Q3 FY 2025: €697m). Corresponding basic earnings per share were €1.28 (Q3 FY 2025: €0.71).
Free cash flow pre tax increased to €2,319m (Q3 FY 2025: €419m). The sharp increase resulted largely from the improvement in cash-effective profit and was further supported by customer advance payments associated with the strong order intake.
Siemens Energy confirms its fiscal year 2026 outlook, which was raised after the end of the first half-year, and expects its Profit margin before Special Items to be towards the upper end of the guided range.
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