Siemens Energy reported record quarterly revenue, orders and profit margins on Wednesday, 5 August 2026, as rapidly expanding artificial-intelligence infrastructure increased global demand for electricity-generation equipment.
The company received orders worth approximately €17.93 billion during its fiscal third quarter, an increase of 8.5% compared with the same period last year. The figure exceeded analysts’ expectations of approximately €16.76 billion.
Revenue climbed by 18.5% to a record €11.45 billion, compared with €9.75 billion during the corresponding quarter in 2025. The performance also surpassed market expectations of about €11.25 billion.
Profit before special items more than tripled from €497 million to approximately €1.62 billion. Siemens Energy’s profit margin before special items rose to 14.2%, up from 5.1% one year earlier.
One of the most important sources of growth was the company’s Gas Services division. Orders in the division increased by nearly 62% to approximately €9.97 billion, supported by demand from American data-centre projects and new power plants in the Middle East and Asia.
Artificial-intelligence systems require large amounts of electricity to operate servers, cooling systems and other computing infrastructure. As technology companies construct bigger data centres, they are increasing investment in gas turbines, transformers and electricity-transmission equipment.
Siemens Energy said data-centre operators and customers from the Middle East accounted for approximately half of its quarterly gas-turbine orders. The company’s total order backlog increased to around €162 billion, providing significant work for future financial periods.
Grid Technologies also recorded strong growth. Orders in the division increased by 27.6% to approximately €5.37 billion, while revenue rose by 28.6% to about €3.62 billion. Demand for transformers and other grid equipment has increased as countries strengthen their electricity networks.
Another major development was the return to quarterly profitability of Siemens Gamesa, the company’s wind-power division. The unit recorded a positive operational result for the first time in almost four years after Siemens Energy introduced cost reductions and improved the use of its manufacturing capacity.
Siemens Gamesa previously faced serious financial difficulties connected to technical problems with some wind turbines, rising costs and delays. Its return to operational profitability represents an important step in Siemens Energy’s wider business recovery.
Following the record quarter, the company said it expects to reach the upper end of its 2026 profit-margin forecast of between 10% and 12%. It continues to expect comparable annual revenue growth of between 14% and 16%.
The results are significant for the global business sector because they demonstrate how the expansion of artificial intelligence is affecting industries beyond technology. Rising demand for computing capacity is creating major opportunities for companies involved in electricity generation, grid infrastructure, gas turbines and energy management.
