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Siemens Energy Posts €501M Q2 Profit and Raises Annual Forecast

Robust order growth and strong non-wind divisions drive recovery, while Gamesa losses persist but are projected to stabilize by next year.

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Overview

  • Siemens Energy reported a net profit of €501 million for Q2 2025, nearly five times higher than the same period last year.
  • Revenues rose by approximately 20% to nearly €10 billion, while order intake surged over 50% to €14.4 billion, reflecting strong global demand for energy infrastructure.
  • CEO Christian Bruch raised the company’s annual profit forecast to as much as €1 billion, citing confidence in market opportunities and improved project execution.
  • The Siemens Gamesa unit continues to incur losses due to onshore turbine issues but is expected to reach breakeven next year.
  • The company anticipates the financial impact of new U.S. tariffs to be limited to a high double-digit million-euro range, manageable relative to its overall performance.