Rheinmetall Reports Strong Sales Growth and Record Profitability for First Half of 2026
Technology group Rheinmetall AG announced strong performance for the first half of 2026, with consolidated sales up 39% to €5.2 billion and operating result increasing by 74%. The company has adjusted its full-year sales forecast.
Düsseldorf – Technology group Rheinmetall AG concluded the first half of 2026 with significant sales growth and improved profitability. Consolidated sales increased by 39% year-on-year to €5.2 billion, up from €3.7 billion in the same period last year.
The consolidated operating result saw a substantial rise of 74%, reaching €786 million compared to €453 million in the prior year. The operating result margin improved to 15.0% from 12.1%, driven by increased production volumes and a favorable product mix.
Despite the strong first-half performance, Rheinmetall has revised its full-year sales forecast for 2026 downwards by €300 million to a range of €13.7 billion to €14.2 billion. This adjustment is due to the cancellation of the F126 frigate program. However, the company maintains its organic sales growth expectation of 28% to 31% and anticipates an operating result margin of approximately 19%.
The company's order backlog remains robust at €16.2 billion, reflecting continued demand in the defense sector. Rheinmetall highlighted the performance of its workforce and the strong order book as key factors for future growth.