RUEIL-MALMAISON, France — Schneider Electric reported record third-quarter 2026 revenue of $12.95 billion, up 17% organically, driven by broad-based demand across end markets.
Data center revenue grew by triple digits, while Energy Management rose 19% organically and Industrial Automation increased 8%. All regions posted growth, led by China and East Asia (+26 %) and North America (+20 %).
Accelerating pricing also contributed to 17% organic growth in product revenue. The company said its Sustainability Impact 2030 program is underway, reaching a score of 4.04, and upgraded its full-year 2026 financial target.
Olivier Blum, Chief Executive Officer, commented:
“We delivered record quarterly revenues of €11.5 billion in Q3, growing 17% organically, demonstrating the strength of our value proposition across end-markets and geographies. Energy Management delivered outstanding growth, while Industrial Automation maintained solid momentum. As expected, Data Centers remained a key growth driver as we continue to execute on our backlog while seeing triple-digit demand growth in the quarter, providing increasing visibility into 2027 and 2028. More broadly, demand remained healthy across all four end-markets, supporting another record backlog at quarter-end.
We are seeing strong execution across all our business models. Product growth benefited from both proactive pricing actions and healthy volumes, Systems continued to perform strongly, and Software & Services delivered another solid quarter.
Earlier this month, we announced the signing of a definitive agreement to acquire PTC, a transformative step in advancing our vision of Energy and Industrial Intelligence. Together, we will create a unique Software & AI powerhouse bridging the physical and digital worlds across all our four end markets. By connecting and contextualizing data across the lifecycle of products and assets, we will create a unique digital thread for the next generation of Industrial AI, helping customers to optimize their systems with greater intelligence.
Our Q3 performance demonstrates the relentless focus, agility and execution of our teams across the Group. While pursuing our long-term strategic ambitions, we remain firmly focused on operational excellence and delivering for our customers every day. The strength of our results, backlog and market positions gives us confidence in our ability to capture the opportunities ahead while continuing to execute against our commitments. As a result, we are today upgrading our 2026 financial target.”
See the full financial release here.
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