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Siemens Energy Surges to Record Q3 Profit and Orders

The supplier affirmed its up-to-€1 billion full-year profit forecast after absorbing roughly €100 million in U.S. tariffs.

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Deutschland, Germany, Berlin, 05.08.2025 Symbol Helme mit Logo Werkschutz Siemens Energy bei einem Prressetermin mit der Wirtschaftsministerin im Siemens Gasturbinenwerk bei der Siemens AG und Siemens Energy in der Turbinenhalle die ehe. AEG-Turbinenfabrik in Berlin Deutschland en: Symbol helmets with logo plant security Siemens Energy in the Siemens gas turbine factory at Siemens AG and Siemens Energy in the turbine hall of the former AEG turbine factory in Berlin Germany .

Overview

  • Siemens Energy posted a €697 million profit in the third quarter, reversing a prior-year €102 million loss and delivering its third straight profitable period even without a €500 million one-off gain.
  • Order intake jumped to a record €16.6 billion, lifting the backlog to €136 billion despite currency pressures.
  • All divisions except the still loss-making wind-power unit contributed gains, with gas and grid technologies driving performance.
  • The company absorbed an estimated €100 million drag from U.S. tariffs and reaffirmed its resilience to external headwinds.
  • Global headcount climbed to 102,000 employees and management plans to distribute 40–60 percent of net profit as dividends in early 2026.