Schneider Electric Reports Record Q1 Revenue Driven by AI Infrastructure Demand
Schneider Electric achieved a record revenue of €9.8 billion in Q1 2026, propelled by AI-related data center needs. The company anticipates that the ongoing energy transition will boost demand for its electrification and AI-driven technologies.
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In Q1 2026, Schneider Electric reported revenue of €9.8 billion, marking an organic growth of 11.2%. The Energy Management division led with a 12.8% increase, while Industrial Automation grew by 4.4%. The Systems segment, providing data center cooling systems and prefabricated modules, saw a revenue surge of 16%.
The Software & Services division expanded by 9%, with AVEVA achieving a 12% rise in annual recurring revenue. Despite global economic uncertainties, Schneider Electric maintains its 2026 targets, viewing these challenges as opportunities to enhance efficiency solutions. This growth positions the company as a leader in the digital and sustainable future.
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