Schneider Electric Raises 2026 Targets After Record Quarterly Revenue

Schneider Electric raised its 2026 growth targets after third-quarter revenue hit a record, with global demand across its pure data-center segment growing at a triple-digit rate. Revenue for the quarter ended Sept. 30 reached €11.46 billion, up 16.9% organically and 17.9% on a reported basis from a year earlier. The result marked a quarterly record. Organic growth accelerated from 9% in the third quarter of 2025. Energy Management generated €9.615 billion, up 18.8% organically, while Industrial Automation brought in €1.845 billion, an 8.1% increase. Demand in Schneider’s pure data-center segment rose at a triple-digit rate worldwide, while sales in the segment advanced at a strong double-digit pace. Customers included hyperscale, colocation, neo-cloud and edge businesses. Sales growth came from prefabricated systems and equipment for electrical distribution, protection and cooling.

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