Siemens Energy reported record results for fiscal 2026. Comparable revenue climbed 15.5% to €44.2 billion.
Profit margin before special items rose to 12.4%, more than doubling from 6.0% the previous year. Strong demand in Gas Services and Grid Technologies drove performance, while wind unit Siemens Gamesa returned to break-even.
Orders increased 18.8% to €68.1 billion. The order backlog reached a record €164 billion.
The company set a 2030 target for annual revenue growth of 12% to 14%. It is targeting a profit margin of 20% to 22% by 2030.
Siemens Energy proposed more than tripling its dividend to €2.30 per share. It also announced an expanded share buyback program.