Overview
- The company reported a €147 million net profit for the first half of 2026 on Thursday, supported by an adjusted operating result of about €415 million and revenue of €13.6 billion.
- Passenger journeys rose to roughly 960 million in H1 2026, a gain the company attributes mainly to high fuel prices and targeted discounts such as last‑minute tickets, family fares and youth BahnCards.
- Punctuality and network condition remain weak, with long‑distance on‑time stops around 52.6% in June and thousands of simultaneous track works slowing services.
- Record half‑year investments of about €8.7 billion have pushed DB’s net debt back up to roughly €21.6 billion even as management pursues a decentralizing restructuring called DB 2035 and cuts corporate costs.
- DB Cargo is still loss‑making by about €1 million and must return to profit under threat of EU action, a situation that leaves the overall turnaround fragile and keeps political and union attention on near‑term service gains and freight fixes.