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Siemens Energy posts record Q3 orders and revenue, boosts profit and confirms strong 2026 outlook

Company Fundamentals
12 Aug 2026
Seeking Alpha
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Bullish
Siemens Energy posts record Q3 orders and revenue, boosts profit and confirms strong 2026 outlook

Siemens Energy reported record third-quarter 2026 orders of EUR17.9 billion and revenue of EUR11.4 billion, with 18.5% year-over-year revenue growth. The Gas Services and Grid Technologies segments drove higher revenue and margins, tripling group profit before special items to EUR1.623 billion and increasing margins to 14.2%. Management reaffirmed its full-year 2026 guidance, expecting group margins near the upper end of 10–12% and pre-tax free cash flow around EUR8 billion. The company remains undervalued, with potential upside from its FY2030 guidance expected in November, which may include high-teens revenue compound annual growth rate and margin targets.

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