BRIEFINGS · Data centers and physical infrastructure
Schneider Electric posts record quarterly revenue and says data center demand rose triple-digit
Schneider Electric said on 30 July data center demand rose triple-digit in the second quarter, with record revenue of €11.5 billion and a raised 2026 target.
On 30 July 2026 Schneider Electric reported second-quarter revenues of €11.5 billion, up 17% organic and a record for any quarter, and first-half revenues of €21.2 billion, up 14% organic. It said Data Center & Networks demand was up triple-digit in the second quarter and that its sales in that end-market grew strong double-digit. It raised its 2026 target to adjusted EBITA growth of between 14% and 19% organic. In Europe, its data center sales declined in the quarter. We file this because it is a company-reported result with hard figures. How we read it: Schneider says data center demand was very strong, with sales growing more slowly than demand and a raised target, with Europe weaker. What would change this: a slowdown in orders or a lower target. Why it matters to you: it shows demand for electrical equipment in AI data centers keeps growing at a large industrial company.
What this doesn't prove
Company-reported results and target. Demand is Schneider's own order-based measure, and the target is a forecast. The release says European data center sales declined in the quarter.
Next fixture
- Third-quarter revenues on 29 October
- Orders and the 2026 target
Sources
- Half Year 2026 Financial Results30 July 2026
Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.
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