Siemens – Earnings release and financial results Q4 FY 2025: record results for fiscal 2025

November 13, 2025

In the fourth quarter, revenue grew 6% on a comparable basis, excluding currency translation and portfolio effects; comparable orders rose in all industrial businesses except Mobility, which had recorded a sharply higher volume from large orders in Q4 FY 2024; as a result, orders for Siemens overall came in 1% lower year-over-year
On a nominal basis, revenue rose 3% to €21.4 billion, and orders declined 4% to €21.9 billion; the book-to-bill ratio was 1.02
Profit Industrial Business increased 2% to €3.2 billion, with a profit margin of 15.3%
Net income came in 13% lower at €1.8 billion; corresponding basic earnings per share (EPS) were €2.07, and EPS before purchase price allocation accounting (EPS pre PPA) were €2.30; effects related to Altair and Dotmatics burdened EPS pre PPA by €0.21
At €5.3 billion, Free cash flow from continuing and discontinued operations reached the highest level ever achieved in a quarter
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