Schneider Electric posts $13.1 billion Q2 2026 revenue, up 17% organically
Schneider Electric reported strong Q2 FY2026 revenue growth and highlighted expanding utility/grid and data-center offerings via partnerships and acquisitions (AiDASH; planned Cognite), underscoring continued capex tied to electrification and AI infrastructure. Management flagged ongoing tariff and raw-material inflation headwinds, partly mitigated by pricing and tariff refunds. The update is company-specific with limited immediate cross-asset transmission beyond broad industrial/AI capex sentiment.
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Schneider Electric reported second-quarter 2026 revenue of $13.1 billion, up 17% organically year over year, and first-half revenue of $24.4 billion. The company said it completed the acquisition of AiDASH last week for $350 million to strengthen utilities’ ability to monitor transmission-line risks. Schneider reports results in euros, with the dollar figures converted using exchange rates as of July 30, 2026, when 1 euro was about $1.15.