The earnings call reflects a strong overall performance with significant revenue growth, margin expansion, and strategic advancements, despite challenges such as tariff headwinds and underperformance in China and Diagnostics.

Company Guidance

In the Siemens Healthineers Q3 2025 earnings call, the company reported robust performance with a 7.6% growth in revenue across all regions, surpassing their annual growth target. Adjusted earnings per share (EPS) increased by 23% to EUR 0.64 per share, despite a EUR 100 million headwind from tariffs. The equipment book-to-bill ratio remained strong at 1.09. Imaging saw a 12% revenue growth, with a margin of 21%, while Varian and Advanced Therapies achieved 9% and 4.5% revenue growth respectively. Diagnostics margins improved to 9.2%, but revenue slightly declined. Free cash flow was strong, reducing the leverage factor below 3x. The company raised its fiscal year 2025 outlook, anticipating 5.5% to 6% revenue growth and adjusted EPS of EUR 2.30 to EUR 2.45, accounting for tariff impacts. The call also highlighted Siemens Healthineers' strategic focus on patient twinning, precision therapy, and digital, data, and AI capabilities, emphasizing their role in enhancing patient outcomes and healthcare system efficiencies.

Strong Revenue Growth

Siemens Healthineers reported a Q3 revenue growth of 7.6% with all regions showing growth, outpacing their full-year growth target. Imaging revenue grew by nearly 12% and Varian saw a 9% growth. Adjusted EPS grew by 23% to EUR 0.64 per share.

Impressive Margins and Financial Performance

Despite a EUR 100 million tariff headwind, Siemens Healthineers achieved margin expansion with Imaging margins at 21% and Varian margins at 18.8%. The company also reported a strong free cash flow, reducing leverage below 3x for the first time since the Varian acquisition.

Innovation and Strategic Partnerships

The Atellica franchise in Diagnostics is growing double digits and accounts for 60% of core lab revenues. Siemens Healthineers' Value Partnerships have grown significantly, reshaping revenue streams into recurring revenue. The company has entered into over 200 Value Partnerships.

Photon Counting CT Success

Photon Counting CT has been a significant growth driver within the CT segment, contributing to high-end CT market share gains globally.

Siemens Healthineers AG (DE:SHL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

DE:SHL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q4)	0.70 / -	0.67	―	―	―
Jul 30, 2025	2025 (Q3)	0.53 / 0.64	0.52	23.08% (+0.12)
May 07, 2025	2025 (Q2)	0.57 / 0.56	0.55	1.82% (+0.01)
Feb 06, 2025	2025 (Q1)	0.47 / 0.51	0.49	4.08% (+0.02)
Nov 06, 2024	2024 (Q4)	0.64 / 0.67	0.58	15.52% (+0.09)
Jul 31, 2024	2024 (Q3)	0.52 / 0.52	0.53	-1.89% (-0.01)
May 07, 2024	2024 (Q2)	0.51 / 0.55	0.43	27.91% (+0.12)
Feb 01, 2024	2024 (Q1)	0.44 / 0.49	0.47	4.26% (+0.02)
Nov 08, 2023	2023 (Q4)	0.58 / 0.58	0.65	-10.77% (-0.07)
Aug 02, 2023	2023 (Q3)	0.50 / 0.53	0.43	23.26% (+0.10)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:SHL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	€48.53	€49.49	+1.98%
May 07, 2025	€47.39	€46.58	-1.71%
Feb 06, 2025	€53.38	€56.19	+5.27%
Nov 06, 2024	€47.58	€50.41	+5.95%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Siemens Healthineers AG (DE:SHL) report earnings?

Siemens Healthineers AG (DE:SHL) is schdueled to report earning on Nov 05, 2025, TBA (Confirmed).

What is Siemens Healthineers AG (DE:SHL) earnings time?

Siemens Healthineers AG (DE:SHL) earnings time is at Nov 05, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Siemens Healthineers AG stock?

The P/E ratio of Siemens Healthineers AG is N/A.

What is DE:SHL EPS forecast?

DE:SHL EPS forecast for the fiscal quarter 2025 (Q4) is 0.71.

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