Siemens Energy AG GAAP EPS of €0.89, revenue of €10.29B; raises FY26 outlook
Siemens Energy AG reported Q2 GAAP EPS of €0.89 and revenue of €10.29B, a 3.3% increase year-over-year. Free cash flow pre-tax rose to €1,975m. The company achieved a record order level of €17.7bn, with a book-to-bill ratio of 1.72 and an order backlog of €154bn. Due to positive business trends, Siemens Energy raised its FY26 outlook, expecting revenue growth of 14% to 16%, a profit margin of 10% to 12%, and net income of around €4bn, with free cash flow pre-tax projected at €8bn.
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