Siemens AG Q1 Profit Down; Revenues and Orders Up, Lift FY26 EPS Outlook

Siemens AG (DE:SZ:ETR) reported Q1 2026 net profit down 11% to EUR 1.79 billion, while revenue rose 6% to EUR 66.4 billion and new orders climbed 8% to EUR 19.1 billion, outpacing industry growth. The Munich-based engineering giant attributed the narrower margin to higher investments in digitalization and energy transition projects. However, management lifted its FY26 EPS guidance, citing stronger-than-expected industrial automation and healthcare solutions. Key financial highlights: Revenue EUR 66.4B +6%, New Orders EUR 19.1B +8%, Net Profit EUR 1.79B -11%.