Siemens AG reported strong results for the third quarter of fiscal year 2025, highlighting continued growth in orders, revenue, and net income despite ongoing volatility in global markets.
Roland Busch, President and Chief Executive Officer of Siemens AG, said: “Ourthird-quarter performance demonstrates that Siemens is delivering robustresults despite the volatile global market. We’re posting sustained growthmomentum in orders, revenue and net income. Digitalization and sustainabilitycontinue to be our growth drivers. In addition, with the closing of ouracquisition of Dotmatics, we’re opening up new markets in life sciences and arecombining scientific intelligence with our industrial AI technologies.”
Chief Financial Officer Ralf P. Thomas added: “Inthe third quarter, we posted an excellent €2.9 billion in free cash flow,and we are again aiming to achieve a double-digit free-cash-flow return for thefull fiscal year. Looking ahead, we remain highly confident that we willdeliver sustainable and profitable growth. We confirm our outlook for fiscal 2025.”
During Q3 2025, Siemens’ orders increased by 28 percent on a comparable basis to €24.7 billion compared to €19.8 billion in Q3 2024. Revenue reached €19.4 billion, representing a 5 percent rise from the previous year’s €18.9 billion. The book-to-bill ratio was 1.28, and the company ended the quarter with an order backlog of €117 billion.
Profit from Industrial Business dropped by 7 percent to €2.8 billion due mainly to a decline at Digital Industries after strong results last year in its software business; however, other industrial segments saw increases in both profit and profitability.
Net income grew by 5 percent to €2.2 billion compared to €2.1 billion in Q3 2024, partly due to gains from selling part of its airport logistics business.
Free cash flow at the Group level totaled €2.9 billion for continuing and discontinued operations, while Industrial Business free cash flow rose from €2.5 billion to €3.0 billion.
In terms of segment performance:
- Orders at Digital Industries fell slightly to €4.4 billion as higher demand in automation was offset by declines in software orders following last year's exceptional contract wins.
- Smart Infrastructure saw comparable orders close to last year’s high levels but increased revenue across all areas by 9 percent to €5.7 billion; profit rose by 16 percent.
- Mobility’s orders more than tripled to €7.9 billion driven by large contracts including projects in Egypt and the U.S., while revenue increased by 19 percent.
The company reiterated its outlook for fiscal year 2025 based on these results.