Siemens Energy reported a profit before special items of 1.62 billion euros in Q3 2026, more than tripling year-over-year and beating analyst expectations of 1.38 billion euros. Sales climbed 18.5% year-over-year to 11.45 billion euros. Data center operators and Middle Eastern clients accounted for roughly 50% of all gas turbine orders. Shares rose 1.1% in early trading. Meanwhile, Siemens Gamesa, the company’s wind energy division, posted its first quarterly operating profit since late 2022, ending nearly four years of losses.
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