Rheinmetall Reports Q1 Sales Growth and Increased Earnings
Technology group Rheinmetall reported an 8% increase in first-quarter 2026 sales to €1.9 billion. The company's operating result also rose by 17%.
Düsseldorf-based Rheinmetall AG has started fiscal year 2026 with increased sales and improved profitability. In the first three months, the group's consolidated sales reached €1.9 billion, an 8% increase year-on-year.
The operating result climbed 17% to €224 million, with an operating result margin of 11.6% at the group level. The company's order backlog, now including the recently acquired Naval Systems business, stands at €73 billion.
The integration of Naval Systems added €5.5 billion in new orders and expanded Rheinmetall's activities into the maritime sector. Core markets include Germany and Ukraine, as well as EU and NATO partner countries.
Rheinmetall reaffirmed its financial guidance for 2026, expecting significant growth in sales and orders, particularly in the second quarter. CEO Armin Papperger highlighted the company's position as a key player across multiple defense sectors.