Schneider Electric records record Q3 revenues and upgrades 2026 targets
Revenues rose 17% organically to €11.5 billion driven by Data Centers. The company announces a PTC acquisition and updates its financial outlook.
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Global energy technology and industrial automation company
se.comLast updated
In short: Schneider Electric announced a $22.6 billion PTC acquisition; Q3 revenue hit records and 2026 targets rose.
Revenues rose 17% organically to €11.5 billion driven by Data Centers. The company announces a PTC acquisition and updates its financial outlook.
This all-cash deal creates a leading industrial software and AI franchise by integrating product design with energy intelligence for enhanced customer outcomes.
Growth was broad-based across regions, end markets, and both business models, reflecting portfolio strength.
Record revenues reached €21.2 billion while free cash flow surged to €1.6 billion due to strong execution. The company also acquired Cognite and AiDASH to enhance AI capabilities.
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