Siemens Posts Record Quarterly Profit and Raises Medium-Term Growth Targets

14:53 - 12.11.2026


November 12, Fineko/abcnews. Driven by strong demand from AI-powered data centers and transportation infrastructure, German industrial giant Siemens reported a 22% jump in fourth-quarter industrial profit to €3.89 billion for the fiscal period ended September 30—marking the highest quarterly profit in the company's history and beating analyst estimates of €3.71 billion. During the quarter, revenue rose 11% to €23.68 billion, while orders surged 58% to €4.77 billion.

For the full 2025/2026 fiscal year, Siemens’ total revenue grew 8% to €83.4 billion, and industrial profit increased 13% to €13.3 billion. Annual orders climbed 25% to €108 billion, propelled by triple-digit growth in data center orders reaching €8.5 billion. Following the strong results, Siemens raised its medium-term annual comparable revenue growth target from 6–9% to 7–11%, and forecasts 9–11% revenue growth for fiscal 2027.