Siemens Energy – Earnings release Q1 FY 2026 – October 1 to December 31, 2025

Munich, Germany, February 11, 2026 – Siemens Energy today announced its results for the first quarter of fiscal year 2026 that ended December 31, 2025.

Continued market momentum drives strong start to the year

• The positive momentum from the prior fiscal year carried seamlessly into the first quarter. Favorable energy market trends remained firmly intact, robust demand was broad-based across regions and technologies with strong data center expansion. As a result, orders reached a new record. Revenue rose significantly, and both earnings and cash flow improved sharply; earnings even more than doubled compared to the prior year.
• Siemens Energy’s orders amounted to €17.6bn. Growth driver was the record order intake at Gas Services, while both Grid Technologies and Transformation of Industry achieved double-digit growth rates. As a result, the book-to-bill ratio (ratio of orders to revenue) reached 1.82 and the order backlog rose to a new high of €146bn.
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