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Schneider Electric

Advancing Energy Tech, 2026 to 2030

Advancing Energy Tech to the Next Level of Intelligence
Schneider Electric’s strategic focus, at its Capital Markets Day

Advancing Energy Tech

Schneider Electric had record first-half revenue of €21.2 billion in 2026, up 14% organic, and an adjusted EBITA margin of 19.3%. At its Capital Markets Day in December 2025 it set targets to 2030 for growth of 7 to 10% a year and 250 basis points more margin, on a plan to move from equipment to intelligence in energy and industry. In July 2026 it raised its target for the current year.

Technology leadership

Way 1
  1. 1Data Cube and AIPioneer Energy and Industrial Intelligence, using the Data Cube and AI to add value for customers, with the first Energy & Industrial foundational model.
  2. 2Software acquisitionsBuy Cognite, an industrial data and AI software company, for $3.1 billion, and about 90% of AiDASH, a vegetation and asset risk company for utilities, for an implied $350 million.
  3. 3R&DKeep investing in innovation, at about 5.8% of revenues.

R&D spending rose 13.6% organic to around €1.2 billion in the first half of 2026, steady at 5.8% of revenues.

AVEVA’s annualized recurring revenue had risen 11% at 30 June 2026.

Demand from Data Center & Networks grew by triple digits in the second quarter.

Adjusted EBITA rose from €3.5 billion to €4.1 billion in the half

Higher volumes and industrial productivity added €1,522 million, and prices, raw materials, tariffs, costs, mix, and currency took back €939 million.

3,510First half2025+987Volume+535Industrial productivity−154Net price−31Cost ofgoods sold inflation−377Support functioncosts−148Mix−173Foreign currency−56Scope andothers4,093First half2026

€ million. The chart starts at €2,600 million to make the steps readable. Net price is gross pricing on products, +€280 million, less raw materials, −€330 million, and net tariffs, −€104 million. The items add to the change exactly. The €1,522 million and €939 million are worked out from them.

North America grew fastest, led by data centers

North America grew fastest in the first half, up 19% organic, led by data centers, and made up 39% of revenue. Europe grew 8%. A feeder’s width is revenue, and the speed of its current is growth.

Group€11.5bnNorth America€4,576m+23.1% organicEurope€2,748m+7.9% organicChina & East Asia€2,058m+19.7% organicSouth Asia & International€2,077m+12.3% organicGroup organic growth +16.5%

The current’s speed shows growth and is not a reported measure. Revenue is € million for Energy Management and Industrial Automation together.

Software and services to reach around 25% of revenue by 2030

Systems grew fastest in the second quarter, up 28% organic, and software and services were 18% of revenue. Schneider also aims for more than 70% of revenue from what it calls the Digital Flywheel, and for recurring revenue to double in weight.

Second quarter 2026
47%
35%
18%

Products

up 13% organic

Systems

up 28% organic

Software & Services

up 6% organic

Software & Digital Services 8%, up 7%, and Field Services 10%, up 5%.

The ambition for 2030
Products, systems, and the rest: not split
≈25%

Software & Services, around a quarter of revenue

Products, Systems, and Software & Services are Schneider’s three business models, in per cent of second-quarter revenue: 47%, 35%, and 18%. Schneider gives no 2030 split for the first two.

  1. Show the bridge, not only the result.

    Schneider explains its first-half profit as a walk from €3,510 million to €4,093 million: volume added €987 million and industrial productivity €535 million, and raw materials, tariffs, currency, and mix took back about €755 million between them. We recommend that any plan that promises a margin show the items that move it, in euros, so the promise can be tracked by cause.

  2. Set the mix you are moving to.

    Schneider names the share of revenue it wants from software and services, around 25% by 2030, and the weight of recurring revenue, to double. Software and services were 18% in the second quarter. We recommend picking the mix you are moving towards as a number, not only the total you want to reach.

  3. Say what the good news is hiding.

    Systems grew 28% in the second quarter, and Schneider says that dilutes gross margin, with the effect mitigated further down the profit line. It also reports that net price was negative at €154 million. We recommend stating what a strong result is costing, next to the result.

Sources

  1. 1. Schneider Electric (2026). Half year 2026 results: record H1 driven by strong execution and broad-based demand. se.com, 30 July 2026. se.com
  2. 2. Schneider Electric (2025). Schneider Electric hosts a Capital Markets Day for investors and financial analysts. se.com, 11 December 2025. se.com

Headwater is not connected with Schneider Electric SE. Schneider Electric, EcoStruxure, and AVEVA are trade marks of their owners. Updated 28 September 2026.

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