Siemens Energy posts record FY2026 profit and announces €9 bn share buyback

Siemens Energy reported fiscal 2026 net profit of €4.13 bn and revenue of €44.2 bn, a 15.5% comparable‑basis increase. The company said AI‑driven data‑center orders lifted U.S. orders by more than 70% and contributed about €15 bn to its €164 bn order backlog. It proposed a dividend of €2.30 per share, up from €0.70, and plans an additional €9 bn of share repurchases through 2030. Management forecast 14%‑16% revenue growth for fiscal 2027.

The company expects the AI data‑center boom to sustain higher gas‑turbine and grid‑technology sales, which could boost cash flow and support the expanded buyback and dividend. Analysts note that the larger backlog and higher margins give Siemens Energy pricing power in the power‑infrastructure market.

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