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Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

Strong H1: Schneider Electric reported record first-half revenue of EUR 21.2 billion, with Q2 revenue up 16.5% organically to EUR 11.5 billion and growth coming from both Energy Management and Industrial Automation.

Margin beat: First-half adjusted EBITA margin rose 120 bps organically to 19.3%, helped by pricing, productivity and operating leverage, even as inflation, tariffs and mix remained headwinds.

Outlook raised: Management lifted full-year guidance to 10% to 13% organic revenue growth and 70 to 100 bps adjusted EBITA margin expansion, up from 7% to 10% and 50 to 80 bps previously.

Data center strength: Demand stayed very strong in data centers, semiconductors and power grid-related projects, and management said the business is investing in new architectures and capacity to keep up.

Strategy push: The company highlighted new moves in AI and digital, including Cognite, AiDASH, Kraken and SoftBank partnerships, plus expanded manufacturing and regional hubs to scale faster.

Cash and capital: Free cash flow reached a record EUR 1.6 billion in H1, and Schneider continued share buybacks, dividends, and portfolio actions while keeping a strong balance sheet.

Key Financials
Revenue
EUR 21.2 billion
Revenue
EUR 11.5 billion
Energy Management revenue growth
15.4%
Energy Management revenue growth
18%
Industrial Automation revenue growth
7.7%
Industrial Automation revenue growth
11%
Gross margin
42.5%
Adjusted EBITA margin
19.3%
Adjusted EBITA
EUR 4.1 billion
Free cash flow
EUR 1.6 billion
Operating cash flow
around EUR 3.8 billion
Industrial productivity
EUR 535 million
Pricing
EUR 280 million
Support function costs to sales ratio
improved by 1.1 points
R&D spend
around EUR 1.2 billion
R&D costs as a share of sales
close to 6%
Net income
EUR 2.5 billion
Share repurchases
EUR 250 million
Restructuring charges
around EUR 450 million
FX impact on revenues
close to EUR 750 million
Digital flywheel share
62%
Employee engagement
88%
Employee engagement
80%
Employee shareholding
62%
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