Siemens Reported Solid Quarterly Results

In its second fiscal quarter of 2025, German tech giant Siemens reported solid results. The company's revenues and profits continued to grow in the period on a yearly basis.

Siemens stated its orders in the quarter rose 10% YoY to € 21.6 billion, as revenue grew 7% to €19.8 billion. Net income increased 11% to €2.4 billion, corresponding basic earnings per share (EPS) were €2.86, and EPS before purchase price allocation accounting (EPS pre PPA) were €3.00. Profit Industrial Business surged 29% to €3.2 billion on strong operational execution and benefited from a €0.3 billion gain related to exiting a business at Smart Infrastructure. Profit margin at Industrial Business was 16.9%.

“We’ve achieved another successful quarter, with orders, revenue, and net income all showing clear growth. Our customers continue to rely on our technology, and our global footprint demonstrates our resilience. With our ONE Tech Company program, we’re making bold moves to scale our technologies. The acquisition of Altair and the planned acquisition of Dotmatics will bring new AI offerings to our customers and open up new opportunities in growth markets such as life sciences,” said Roland Busch, Siemens President and CEO.

“By focusing on rigorous execution, we again successfully converted clear revenue growth into strong profit and solid Free cash flow. We completed the acquisition of Altair successfully and very quickly just before the close of our second quarter. We confirm our outlook for fiscal 2025,” added Ralf P. Thomas, Siemens CFO.