Earnings Release Q4 FY 2026: Siemens Energy reports a record year and targets a margin of 20 to 22 percent by 2030
“The Siemens Energy team delivered on all raised guidance targets, significantly increased earnings and achieved break-even in our wind business. This provides the foundation for the next phase of our transformation. Our 2030 targets set a clear direction and underscore our successful execution in a favorable market environment. With a dividend of €2.30 per share and through our continuous share buyback program, our shareholders participate in the Company's success,” says Christian Bruch, President and CEO of Siemens Energy AG.
For fiscal year 2027, Siemens Energy expects the favorable trends in the energy sector to continue. Global electricity demand is set to rise further, driven by the electrification of transport, heating, cooling and industry, as well as by new large consumers such as data centers. The build-out of data centers to support the adoption of artificial intelligence is likely to lead to further investment in power generation capacity and grid infrastructure, especially in North America. At the same time, the need for security of energy supply continues to support investment in reliable generation and resilient grids. The gas turbine market is expected to remain robust, supported by data centers, government programs for grid stability and coal phase-out, as well as industrial growth. Investment in grid infrastructure is expected to remain at high levels, driven by electrification, the expansion of renewable energies and the modernization of aging grids. Siemens Energy therefore expects Gas Services and Grid Technologies in particular to benefit from these developments.
For fiscal year 2027, for Siemens Energy a comparable revenue growth (excluding currency translation and portfolio effects) in the range of 14% to 16% (actual figure FY 2026: 15.5%) and a Profit margin before Special items between 14% and 16% (actual figure FY 2026: 12.4%) are forecasted. In addition, a Net income of around €5bn (actual figure FY 2026: €4,129m) and a Free cash flow pre tax of around €10bn (actual figure FY 2026: €8,799m) are expected.
The outlook for Siemens Energy does not include charges related to any future legal and regulatory matters.
This document contains statements related to our future business and financial performance, and future events or developments involving Siemens Energy that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. We may also make forward-looking statements in other reports, prospectuses, in presentations, in material delivered to shareholders, and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens Energy´s management, of which many are beyond Siemens Energy´s control. These are subject to a number of risks, uncertainties, and other factors, including, but not limited to, those described in disclosures, in particular in the chapter “Report on expected developments and associated material opportunities and risks” in the Annual Report and the Half-year Financial Report, which should be read in conjunction with the Annual Report. Should one or more of these risks or uncertainties materialize, should acts of force majeure, such as pandemics, occur, or should underlying expectations including future events occur at a later date or not at all, or should assumptions not be met, Siemens Energy´s actual results, performance, or achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens Energy neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes supplemental financial measures – that are not clearly defined in the applicable financial reporting framework – and that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens Energy´s net assets and financial position or results of operations as presented in accordance with the applicable financial reporting framework in its consolidated financial statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
Tim Proll-Gerwe
Head of External Communications
Oliver Sachgau
Press Spokesperson Finance