Earnings release
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Earnings Release Q3 FY 2026 April 1 to June 30 , 2026 Record third quarter - Outlook raised Munich , Germany , August 6 , 2026 " We delivered another very successful quarter with record orders and profit . By executing our ONE Tech Company program , we've been accelerating our innovation , which is enabling us to create additional value for our customers . Our technological leadership in all businesses , clear focus on industrial Al , and strong positioning in attractive markets are driving our profitable growth . We have exactly the technologies our customers need to speed up their innovation , increase their productivity and drive their digital transformations , " said Roland Busch , President and Chief Executive Officer of Siemens AG . " We are on track to complete another successful fiscal year , and we raise our outlook . " " We delivered excellent free cash flow of € 4.1 billion in the third quarter , which reflects our strong operational performance . For the full fiscal year , we once again aim to achieve a double - digit free - cash - flow return on revenue . We're executing our strategy consistently , and our newly launched share - buyback program continues to create value for our shareholders , " said Veronika Bienert , Chief Financial Officer of Siemens AG . " As expected , we've now received binding decisions from the tax authorities clarifying the relevant tax topics . As a result , we can proceed with the spin - off of Siemens Healthineers as planned . " • Third - quarter orders climbed 14 % on a comparable basis , excluding currency translation and portfolio effects , led by a sharp increase at Smart Infrastructure ; comparable revenue rose 8 % , with increases in all industrial businesses • On a nominal basis , orders reached a record € 27.9 billion , up 13 % , and revenue rose 7 % to € 20.8 billion for a very strong book - to - bill ratio of 1.34 • Profit Industrial Business surged 25 % to a record € 3.5 billion , with a profit margin of 17.3 % , on improvements in most industrial businesses • Net income rose 15 % to € 2.6 billion ; corresponding basic earnings per share ( EPS ) were € 2.93 , and EPS before purchase price allocation accounting ( EPS pre PPA ) were € 3.14 • Excellent cash generation resulted in sharply higher Free cash flow of € 4.1 billion for the Siemens Group SIEMENS
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Earnings Release Q3 FY 2026 | Siemens 2 Siemens Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. Orders 27,902 24,719 13% 14% Revenue 20,794 19,377 7% 8% Profit Industrial Business 3,524 2,820 25% therein: severance (83) (120) Profit margin Industrial Business 17.3% 14.9% excl. severance 17.7% 15.6% Income from continuing operations 2,578 2,222 16% therein: severance (95) (143) Income from discontinued operations, net of income taxes 5 21 (76)% Net income 2,583 2,243 15% Basic EPS (in €) 2.93 2.61 13% EPS pre PPA (in €) 3.14 2.78 13% Free cash flow (continuing and discontinued operations) 4,148 2,918 42% Cash conversion rate 1.61 1.30 24% ROCE 14.8% 14.6% • Record-high order intake, with a sharp increase at Smart Infrastructure as well as significant growth at Siemens Healthineers and Digital Industries; Mobility close to the very high prior-year level • All industrial businesses reported revenue growth, which was led by significant increases at Smart Infrastructure and Digital Industries • Currency translation effects took one percentage point each from order and revenue growth; portfolio transactions had a minimal effect • Profit Industrial Business rose to a record high; the increase was led by sharply higher profit at Digital Industries; higher Profit Industrial Business included positive effects from tariff refunds in the U.S., primarily at Siemens Healthineers • Results outside Industrial Business included divestment gains of €0.2 billion in both periods under review • Excellent third-quarter Free cash flow driven by €4.2 billion from Industrial Business, exceeding the already strong level of €3.0 billion in Q3 FY 2025; improvements in all industrial businesses, most notably at Mobility and Digital Industries • As of June 30, 2026, provisions for pensions and similar obligations remained at €0.7 billion – the same low level since the end of FY 2025 • ROCE rose slightly as higher net income more than offset an increase in average capital employed
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Earnings Release Q3 FY 2026 | Digital Industries, Smart Infrastructure, Mobility 3 Digital Industries Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. Orders 4,854 4,383 11% 9% Revenue 4,932 4,421 12% 10% therein: software business 1,790 1,540 16% 15% Profit 923 642 44% therein: severance (37) (70) Profit margin 18.7% 14.5% excl. severance 19.5% 16.1% • Higher volume, profit, and profitability in both the automation business and the software business • Order growth was led by the automation business, primarily driven by the short-cycle business • Revenue growth was strongest in the software business, due mainly to substantial growth in the electronic design automation business and supported by new volume resulting from the acquisition of Dotmatics • On a geographic basis, volume increased in all reporting regions, with substantial order growth in China and substantial revenue growth in the U.S. • Profit and profitability improved strongly, with the software business making the largest contribution; profit for the current quarter included €35 million in integration costs related to the acquisitions of Altair and Dotmatics, reducing Digital Industries’ profit margin by 0.7 percentage points Smart Infrastructure Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. Orders 8,002 5,731 40% 42% Revenue 6,387 5,711 12% 13% therein: service business 1,256 1,187 6% 7% Profit 1,274 1,071 19% therein: severance (10) (14) Profit margin 20.0% 18.8% excl. severance 20.1% 19.0% • Continued highly profitable growth with volume expansion in all three businesses and all reporting regions • Orders reached a new quarterly record; double-digit growth in all three businesses, led by sharply higher order intake in the electrical products and electrification businesses, which won a number of large contracts from data center customers in the U.S. and Europe • The electrification and the electrical products businesses were also the main contributors to revenue growth, supported by strong execution of their large order backlogs • Profit and profitability increased in all businesses, driven by higher revenue, improved capacity utilization, and ongoing productivity measures, which more than compensated for adverse currency effects and higher commodity costs year-over-year; positive effects from tariff refunds in the U.S. were partly offset by an impairment related to the electric-vehicle charging infrastructure business Mobility Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. Orders 7,634 7,940 (4)% (4)% Revenue 3,244 3,073 6% 6% therein: service business 573 580 (1)% (1)% Profit 280 286 (2)% therein: severance (11) (5) Profit margin 8.6% 9.3% excl. severance 9.0% 9.5% • Order intake again reached a very high level, including contract wins for double-deck trains in Switzerland, worth €2.2 billion; for extended maintenance in the U.K., worth €2.0 billion; and for long- term service for battery-powered trains in Germany, worth €0.6 billion • Higher revenue was primarily driven by significant growth in the rail infrastructure business • Solid profit and profitability • In May 2026, Mobility signed an agreement to acquire several businesses from the Italy-based MERMEC Group to strengthen its rail portfolio, particularly in diagnostics and measurement technologies, and to further expand its signaling activities and its market access in Italy; closing of the transaction is subject to customary conditions and is expected by the end of calendar 2026
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Earnings Release Q3 FY 2026 | Siemens Healthineers, Siemens Financial Services, Reconciliation to Consolidated Financial Statements 4 Siemens Healthineers Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. Orders 6,860 6,024 14% 15% Revenue 5,764 5,662 2% 3% Profit 1,047 821 28% therein: severance (24) (31) Profit margin 18.2% 14.5% excl. severance 18.6% 15.1% • Volume increase driven by the imaging and precision therapy businesses; revenue decline in the diagnostics business resulted in part from a structural change in the market environment in China • Despite adverse currency effects, profit and profitability rose in all businesses, most notably in the imaging and precision therapy businesses; increases due primarily to positive effects from tariff refunds in the U.S. Siemens Financial Services Q3 (in millions of €) FY 2026 FY 2025 Earnings before taxes (EBT) 238 112 therein: equity business 135 2 therein: severance (3) 2 ROE (after taxes) 28.1% 10.3% Jun 30, Sep 30, (in millions of €) 2026 2025 Total assets 33,365 33,110 • Siemens Financial Services delivered a strong performance driven by the equity business, which recorded a gain of €156 million from the sale of a stake in an equity investment in the UK, partly offset by a revaluation loss • Total assets increased slightly due to currency translation effects Reconciliation to Consolidated Financial Statements Profit Q3 (in millions of €) FY 2026 FY 2025 Innovation (181) (181) Governance 44 (18) Amortization of intangible assets acquired in business combinations (238) (210) Financing, eliminations and other items 55 368 Reconciliation to Consolidated Financial Statements (321) (41) • Financing, eliminations and other items included a €77 million divestment gain; for comparison, Q3 FY 2025 had included a €154 million divestment gain related to the airport logistics business, as well as a positive result of €121 million from revised estimates related to provisions for a legacy project, and a revaluation gain of €85 million on an equity investment
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Earnings Release Q3 FY 2026 | Outlook 5 Outlook Following the strong first nine months of the current fiscal year, we raise our fiscal 2026 outlook for EPS pre PPA to a range of €11.20 to €11.50 (previously €10.70 to €11.10). We continue to expect comparable revenue growth for the Siemens Group in the range of 6% to 8% and a book-to-bill ratio above 1 for fiscal 2026. Digital Industries continues to expect comparable revenue growth of 7% to 10% and a profit margin of 17% to 19% for fiscal 2026. Smart Infrastructure now expects for fiscal 2026 comparable revenue growth of 10% to 11% (previously 8% to 10%) and a profit margin of 18.5% to 19.5% (previously 18% to 19%). Mobility continues to expect for fiscal 2026 comparable revenue growth of 5% to 7% and a profit margin of 8% to 10%. This outlook excludes burdens from legal and regulatory matters.
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Earnings Release Q3 FY 2026 | Notes and forward-looking statements 6 Notes and forward-looking statements Starting today at 08:00 a.m. CEST, the press conference call on Siemens’ third-quarter results for fiscal 2026 will be broadcast live at www.siemens.com/conferencecall. Starting today at 09:30 a.m. CEST, you can also follow the conference call for analysts and investors live at www.siemens.com/analystcall. Recordings of both conference calls will be made available afterwards. The financial publications can be downloaded at: www.siemens.com/ir. This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward- looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decrees, decisions, assessments or requirements of regulatory or governmental authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. This document is a Quarterly Statement according to Section 53 of the Exchange Rules for the Frankfurter Wertpapierbörse. Address Siemens AG Werner-von-Siemens-Str. 1 80333 Munich Germany Internet www.siemens.com Phone +49 89 7805-31601 (Media Relations) +49 89 7805-32474 (Investor Relations) E-Mail press@siemens.com investorrelations@siemens.com © 2026 by Siemens AG, Berlin and Munich
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Financial Results Third Quarter and First Nine Months of Fiscal 2026
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II Key figures (in millions of €, except where otherwise stated) Volume Q3 % Change Q1 - Q3 % Change FY 2026 FY 2025 Actual Comp.¹ FY 2026 FY 2025 Actual Comp.¹ Orders 27,902 24,719 13% 14% 73,388 66,427 10% 14% Revenue 20,794 19,377 7% 8% 59,688 57,488 4% 7% Book-to-bill ratio 1.34 1.23 Order backlog (in billions of €) 132 132 Profitability and Capital efficiency Q3 Q1 - Q3 FY 2026 FY 2025 % Change FY 2026 FY 2025 % Change Industrial Business Profit 3,524 2,820 25% 9,397 8,576 10% Profit margin 17.3% 14.9% 16.1% 15.4% Continuing operations EBITDA 4,200 3,540 19% 11,393 10,192 12% Income from continuing operations 2,578 2,222 16% 6,937 6,464 7% Basic EPS (in €)² 2.93 2.58 14% 8.00 7.52 6% Discontinued operations Income from discontinued operations, net of income taxes 5 21 (76)% 104 2,087 (95)% Basic EPS (in €)² 0.01 0.03 (67)% 0.13 2.65 (95)% Continuing and discontinued operations Net income 2,583 2,243 15% 7,040 8,550 (18)% Basic EPS (in €)² 2.93 2.61 12% 8.14 10.18 (20)% EPS pre PPA (in €)² 3.14 2.78 13% 8.75 10.64 (18)% Return on capital employed (ROCE) 14.8% 14.6% 13.9% 19.9% Capital structure and Liquidity Jun 30, 2026 Sep 30, 2025 Total equity 75,158 68,371 Industrial net debt 9,342 12,160 Industrial net debt / EBITDA³ 0.6 0.9 Q3 FY 2026 Q3 FY 2025 Q1 - Q3 FY 2026 Q1 - Q3 FY 2025 Free cash flow Continuing operations 4,155 3,001 6,564 5,737 Discontinued operations (7) (83) (23) (233) Continuing and discontinued operations 4,148 2,918 6,541 5,505 Cash conversion rate Continuing and discontinued operations 1.61 1.30 0.93 0.64 Employees (in thousands) Jun 30, 2026 Sep 30, 2025 Total 317 318 Germany 86 87 Outside Germany 231 231 ¹ Throughout excluding currency translation and portfolio effects. ² Basic EPS – attributable to shareholders of Siemens AG. For fiscal 2026 and 2025 weighted average shares outstanding (basic) (in thousands) for the third quarter amounted to 774,050 and 785,203 and for the first nine months to 777,542 and 786,194 shares, respectively. ³ Accumulative EBITDA of the previous four quarters until the reporting date.
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III Consolidated Statements of Income Q3 Q1 - Q3 (in millions of €, per share amounts in €) FY 2026 FY 2025 FY 2026 FY 2025 Revenue 20,794 19,377 59,688 57,488 Cost of sales (12,289) (11,840) (35,867) (35,192) Gross profit 8,504 7,537 23,822 22,295 Research and development expenses (1,703) (1,650) (4,994) (4,815) Selling and general administrative expenses (3,760) (3,571) (10,931) (10,729) Other operating income 138 362 598 863 Other operating expenses (81) (64) (217) (268) Income (loss) from investments accounted for using the equity method, net 192 36 538 382 Interest income 631 670 1,939 2,123 Interest expenses (371) (450) (1,214) (1,206) Other financial income (expenses), net (108) 21 (299) (199) Income from continuing operations before income taxes 3,441 2,890 9,241 8,445 Income tax expenses (863) (668) (2,304) (1,981) Income from continuing operations 2,578 2,222 6,937 6,464 Income from discontinued operations, net of income taxes 5 21 104 2,087 Net income 2,583 2,243 7,040 8,550 Attributable to: Non-controlling interests 312 197 713 549 Shareholders of Siemens AG 2,270 2,046 6,327 8,001 Basic earnings per share Income from continuing operations 2.93 2.58 8.00 7.52 Income from discontinued operations 0.01 0.03 0.13 2.65 Net income 2.93 2.61 8.14 10.18 Diluted earnings per share Income from continuing operations 2.90 2.55 7.92 7.43 Income from discontinued operations 0.01 0.03 0.13 2.62 Net income 2.91 2.58 8.06 10.06 Consolidated Statements of Comprehensive Income Q3 Q1 - Q3 (in millions of €) FY 2026 FY 2025 FY 2026 FY 2025 Net income 2,583 2,243 7,040 8,550 Remeasurements of defined benefit plans 362 (33) 519 (116) therein: Income tax effects (69) (38) (113) (93) Remeasurements of equity instruments 1,114 1,625 3,112 4,530 therein: Income tax effects (44) − (162) − Items that will not be reclassified to profit or loss 1,477 1,592 3,631 4,414 Currency translation differences 590 (3,506) 1,539 (2,453) Derivative financial instruments 8 129 (73) 91 therein: Income tax effects 9 (46) 39 (28) Income (loss) from investments accounted for using the equity method, net 8 (24) 14 (2) Items that may be reclassified subsequently to profit or loss 605 (3,401) 1,480 (2,365) Other comprehensive income, net of income taxes 2,082 (1,809) 5,111 2,050 Total comprehensive income 4,665 434 12,151 10,600 Attributable to: Non-controlling interests 412 (251) 835 212 Shareholders of Siemens AG 4,253 684 11,317 10,388
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IV Consolidated Statements of Financial Position Jun 30, Sep 30, (in millions of €) 2026 2025 Assets Cash and cash equivalents 10,930 14,495 Trade and other receivables 17,975 16,628 Other current financial assets 11,883 11,523 Contract assets 8,747 8,141 Inventories 11,879 10,582 Current income tax assets 1,867 1,536 Other current assets 1,835 1,768 Assets classified as held for disposal 24 36 Total current assets 65,141 64,711 Goodwill 41,488 40,670 Other intangible assets 11,815 12,199 Property, plant and equipment 13,792 13,023 Investments accounted for using the equity method 977 866 Other financial assets 29,983 30,670 Deferred tax assets 1,393 1,944 Other assets 2,952 2,118 Total non-current assets 102,401 101,490 Total assets 167,542 166,202 Liabilities and equity Short-term debt and current maturities of long-term debt 8,600 11,174 Trade payables 9,302 9,183 Other current financial liabilities 1,457 1,896 Contract liabilities 14,052 12,761 Current provisions 1,992 2,187 Current income tax liabilities 2,080 2,094 Other current liabilities 7,624 7,945 Liabilities associated with assets classified as held for disposal 6 20 Total current liabilities 45,113 47,261 Long-term debt 41,324 44,841 Provisions for pensions and similar obligations 681 732 Deferred tax liabilities 1,321 1,261 Provisions 1,258 1,198 Other financial liabilities 600 482 Other liabilities 2,087 2,055 Total non-current liabilities 47,271 50,570 Total liabilities 92,384 97,830 Equity Issued capital 2,346 2,400 Capital reserve 7,899 7,895 Retained earnings 52,996 49,601 Other components of equity 7,013 5,868 Treasury shares, at cost (1,994) (3,520) Total equity attributable to shareholders of Siemens AG 68,260 62,244 Non-controlling interests 6,898 6,127 Total equity 75,158 68,371 Total liabilities and equity 167,542 166,202
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V Consolidated Statements of Cash Flows Q3 Q1 - Q3 (in millions of €) FY 2026 FY 2025 FY 2026 FY 2025 Cash flows from operating activities Net income 2,583 2,243 7,040 8,550 Adjustments to reconcile net income to cash flows from operating activities – continuing operations Loss from discontinued operations, net of income taxes (5) (21) (104) (2,087) Amortization, depreciation and impairments 911 890 2,577 2,465 Income tax expenses 863 668 2,304 1,981 Interest (income) expenses, net (260) (220) (724) (916) (Income) loss related to investing activities (264) (245) (899) (796) Other non-cash (income) expenses 249 (219) 759 448 Change in operating net working capital from Contract assets 7 (63) (521) (395) Inventories (204) (44) (1,043) (491) Trade and other receivables (100) (252) (903) (379) Trade payables 295 59 76 (162) Contract liabilities 252 (112) 1,134 320 Additions to assets leased to others in operating leases (118) (96) (281) (320) Change in other assets and liabilities 752 1,034 (775) (711) Income taxes paid (834) (768) (2,460) (2,366) Dividends received 62 67 218 196 Interest received 602 633 1,821 2,008 Cash flows from operating activities – continuing operations 4,791 3,556 8,219 7,346 Cash flows from operating activities – discontinued operations (7) (83) (23) (233) Cash flows from operating activities – continuing and discontinued operations 4,784 3,472 8,196 7,113 Cash flows from investing activities Additions to intangible assets and property, plant and equipment (636) (554) (1,655) (1,609) Acquisitions of businesses, net of cash acquired (18) (862) (118) (9,967) Purchase of investments and financial assets for investment purposes (563) (424) (1,180) (925) Change in receivables from financing activities (8) (277) 141 (514) Disposal of intangibles and property, plant and equipment 20 24 96 87 Disposal of businesses, net of cash disposed 73 148 244 558 Disposal of investments and financial assets for investment purposes 507 544 1,045 3,736 Cash flows from investing activities – continuing operations (624) (1,402) (1,428) (8,634) Cash flows from investing activities – discontinued operations 10 152 56 3,219 Cash flows from investing activities – continuing and discontinued operations (614) (1,250) (1,371) (5,415) Cash flows from financing activities Purchase of treasury shares (943) (827) (2,656) (1,455) Re-issuance of treasury shares and other transactions with owners 362 123 1,488 1,502 Issuance of long-term debt − 10,121 − 10,881 Repayment of long-term debt (including current maturities of long-term debt) (1,192) (1,522) (4,818) (4,835) Change in short-term debt and other financing activities 299 (7,368) 1,216 3,439 Interest paid (439) (287) (1,144) (1,147) Dividends paid to shareholders of Siemens AG − − (4,165) (4,093) Dividends attributable to non-controlling interests (59) (53) (508) (381) Cash flows from financing activities – continuing operations (1,973) 187 (10,587) 3,912 Cash flows from financing activities – discontinued operations − − − − Cash flows from financing activities – continuing and discontinued operations (1,973) 187 (10,588) 3,912 Effect of changes in exchange rates on cash and cash equivalents 59 (455) 191 (337) Change in cash and cash equivalents 2,256 1,955 (3,572) 5,273 Cash and cash equivalents at beginning of period 8,675 12,686 14,502 9,368 Cash and cash equivalents at end of period 10,930 14,641 10,930 14,641 Less: Cash and cash equivalents of assets classified as held for disposal and discontinued operations at end of period − − − − Cash and cash equivalents at end of period (Consolidated Statements of Financial Position) 10,930 14,641 10,930 14,641
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VI Overview of Segment figures Orders Revenue Profit (SFS: EBT) Profit margin (SFS: ROE) Net capital employed (SFS: Total assets) Free cash flow Q3 % Change Q3 % Change Q3 Q3 Jun 30, Sep 30, Q3 (in millions of €) FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 FY 2026 FY 2025 2026 2025 FY 2026 FY 2025 Digital Industries 4,854 4,383 11% 9% 4,932 4,421 12% 10% 923 642 18.7% 14.5% 23,369 22,885 1,495 1,103 Smart Infrastructure 8,002 5,731 40% 42% 6,387 5,711 12% 13% 1,274 1,071 20.0% 18.8% 7,415 6,709 1,194 1,011 Mobility 7,634 7,940 (4)% (4)% 3,244 3,073 6% 6% 280 286 8.6% 9.3% 3,258 2,165 327 (115) Siemens Healthineers 6,860 6,024 14% 15% 5,764 5,662 2% 3% 1,047 821 18.2% 14.5% 33,330 32,465 1,193 1,007 Industrial Business 27,349 24,079 14% 14% 20,327 18,866 8% 8% 3,524 2,820 17.3% 14.9% 67,372 64,224 4,209 3,005 Siemens Financial Services (SFS) 65 92 − − 65 92 − − 238 112 28.1% 10.3% 33,365 33,110 247 175 Reconciliation to Consolidated Financial Statements 487 549 − − 402 419 − − (321) (41) − − 66,805 68,868 (301) (178) Siemens (continuing operations) 27,902 24,719 13% 14% 20,794 19,377 7% 8% 3,441 2,890 − − 167,542 166,202 4,155 3,001 Orders Revenue Profit (SFS: EBT) Profit margin (SFS: ROE) Net capital employed (SFS: Total assets) Free cash flow Q1 - Q3 % Change Q1 - Q3 % Change Q1 - Q3 Q1 - Q3 Jun 30, Sep 30, Q1 - Q3 (in millions of €) FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 FY 2026 FY 2025 2026 2025 FY 2026 FY 2025 Digital Industries 14,465 12,866 12% 11% 14,083 12,757 10% 9% 2,583 1,864 18.3% 14.6% 23,369 22,885 2,648 2,253 Smart Infrastructure 22,708 17,893 27% 33% 17,849 16,741 7% 11% 3,430 3,339 19.2% 19.9% 7,415 6,709 2,886 2,629 Mobility 15,836 14,472 9% 11% 9,454 9,228 2% 4% 774 826 8.2% 8.9% 3,258 2,165 (282) (334) Siemens Healthineers 18,687 18,894 (1)% 3% 16,846 17,053 (1)% 3% 2,610 2,547 15.5% 14.9% 33,330 32,465 2,387 2,293 Industrial Business 71,695 64,125 12% 15% 58,233 55,780 4% 7% 9,397 8,576 16.1% 15.4% 67,372 64,224 7,639 6,842 Siemens Financial Services (SFS) 194 280 − − 194 280 − − 468 531 17.8% 20.1% 33,365 33,110 544 559 Reconciliation to Consolidated Financial Statements 1,498 2,023 − − 1,261 1,428 − − (625) (662) − − 66,805 68,868 (1,619) (1,663) Siemens (continuing operations) 73,388 66,427 10% 14% 59,688 57,488 4% 7% 9,241 8,445 − − 167,542 166,202 6,564 5,737
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VII EBITDA Reconciliation Profit Amortization of intangible assets acquired in business combinations Financial income (expenses), net EBIT Amortization, depreciation and impairments EBITDA Q3 Q3 Q3 Q3 Q3 Q3 (in millions of €) FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 Digital Industries 923 642 (110) (76) − − 813 566 192 154 1,005 719 Smart Infrastructure 1,274 1,071 (18) (21) − − 1,256 1,050 143 101 1,399 1,151 Mobility 280 286 (25) (25) − − 255 261 68 67 323 328 Siemens Healthineers 1,047 821 (85) (87) − − 962 734 305 370 1,267 1,105 Industrial Business 3,524 2,820 (237) (209) − − 3,286 2,611 708 692 3,994 3,303 Siemens Financial Services 238 112 − − 201 196 37 (84) 29 34 67 (50) Reconciliation to Consolidated Financial Statements (321) (41) 238 210 (49) 45 (34) 123 173 163 139 287 Siemens (continuing operations) 3,441 2,890 − − 151 241 3,290 2,650 911 890 4,200 3,540 Profit Amortization of intangible assets acquired in business combinations Financial income (expenses), net EBIT Amortization, depreciation and impairments EBITDA Q1 - Q3 Q1 - Q3 Q1 - Q3 Q1 - Q3 Q1 - Q3 Q1 - Q3 (in millions of €) FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 FY 2026 FY 2025 Digital Industries 2,583 1,864 (336) (148) − − 2,247 1,716 570 376 2,817 2,092 Smart Infrastructure 3,430 3,339 (52) (64) − − 3,378 3,275 353 300 3,731 3,575 Mobility 774 826 (74) (77) − − 700 749 200 200 900 949 Siemens Healthineers 2,610 2,547 (251) (266) − − 2,359 2,281 862 988 3,221 3,269 Industrial Business 9,397 8,576 (713) (554) − − 8,683 8,022 1,985 1,863 10,668 9,885 Siemens Financial Services 468 531 (1) (1) 589 579 (122) (49) 91 108 (31) 59 Reconciliation to Consolidated Financial Statements (625) (662) 714 555 (164) 139 254 (245) 501 494 755 249 Siemens (continuing operations) 9,241 8,445 − − 425 717 8,816 7,727 2,577 2,465 11,393 10,192
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VIII Orders & Revenue by region Orders Revenue Q3 % Change Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 Actual Comp. Europe, C.I.S., Africa, Middle East 13,865 12,483 11% 11% 9,589 9,085 6% 6% therein: Germany 3,337 2,822 18% 18% 2,979 2,782 7% 7% Americas 9,414 7,898 19% 20% 6,959 6,347 10% 11% therein: U.S. 8,367 7,061 18% 20% 6,003 5,479 10% 12% Asia, Australia 4,623 4,337 7% 10% 4,246 3,945 8% 10% therein: China 1,916 1,705 12% 8% 1,936 1,791 8% 5% Siemens (continuing operations) 27,902 24,719 13% 14% 20,794 19,377 7% 8% Orders Revenue Q1 - Q3 % Change Q1 - Q3 % Change (in millions of €) FY 2026 FY 2025 Actual Comp. FY 2026 FY 2025 Actual Comp. Europe, C.I.S., Africa, Middle East 35,811 31,962 12% 12% 28,162 26,869 5% 5% therein: Germany 9,633 8,649 11% 10% 8,842 8,423 5% 4% Americas 24,776 21,799 14% 20% 19,657 18,815 4% 11% therein: U.S. 21,880 18,397 19% 27% 16,927 16,150 5% 12% Asia, Australia 12,800 12,666 1% 8% 11,870 11,804 1% 8% therein: China 5,433 5,345 2% 5% 5,309 5,284 0% 4% Siemens (continuing operations) 73,388 66,427 10% 14% 59,688 57,488 4% 7%