- Siemens AG
- 12 February 2026 09:46:11
Source: Sharecast
Siemens said net income fell 43% to €2.22bn from €3.87bn a year earlier, when results were boosted by a €2.07bn gain from its sale of Innomotics. Earnings per share dropped to €2.58 from €4.66.
On a continuing operations basis, however, profits rose 24% to €2.23bn, while pre‑PPA earnings per share came in at €2.80.
Siemens said industrial business profits increased 15% to €2.9bn, with margins improving to 15.6% from 14.1%, driven by strong performances at Digital Industries and Smart Infrastructure.
Group revenues rose 4% to €19.14bn, or 8% on a like-for-like basis, with growth seen across all industrial divisions, while orders were up 7% to €21.37bn, or 10% on a comparable basis.
Looking ahead, Siemens hiked its FY26 pre‑PPA EPS guidance to €10.70–€11.10, up from €10.40–€11.00 previously, while reiterating expectations for 6%–8% comparable revenue growth. However, Siemens again warned that currency headwinds will weigh heavily on reported growth and profitability in FY26.
Chief executive Roland Busch said: "Our strong first-quarter performance shows that we're delivering on our strategy. Siemens is very well positioned in its growth markets. Artificial intelligence is a strong growth driver for our businesses.
"We're scaling industrial AI in our core industries together with world-class partners. By integrating AI deeply into design, development, products and operations, we're adding measurable value for our customers."
As of 0945 GMT, Siemens shares were up 5.81% at €271.55 each.
Reporting by Iain Gilbert at Sharecast.com