Quarterly Figures Q1/2026Siemens makes a strong Start to Fiscal Year 2026
Siemens raises its forecast for 2026 after a strong first quarter. Order intake and sales increased significantly, industrial earnings rose at a double-digit rate. The order backlog reached an all-time high of 120 billion euros.
Smart Infrastructure achieved a record quarterly order intake of EUR 7.2 billion (+22%), driven primarily by Electrification and Electrical Products, including several major orders from data centers, mainly in the USA. Sales rose to EUR 5.5 billion, primarily due to the processing of the high order backlog in the Electrification business. In regional terms, growth came in particular from Europe, the CIS, Africa, the Middle East and the USA. Earnings increased to 1.1 billion euros and the margin to 19.0%; positive effects from raw material hedging more than compensated for negative currency effects.