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Q2 2026 Results

#FutureFresenius: Excellent Q2 performance demonstrates structural step-up – Guidance raised

"Fresenius delivered another excellent quarter and, from a position of operational strength, is raising its full-year guidance. (...) This reflects not only strong execution but also a structural step-up in earnings quality. Fresenius today has a fundamentally different earnings, returns, and cash-generation profile than it did in 2022. (...) #FutureFresenius is delivering exactly what it was designed to achieve: a stronger, higher-quality, more innovation-led and faster-growing Fresenius that can deliver better outcomes for patients and create long-term value for shareholders."

Michael Sen, Chairman of the Management Board

Financial Highlights Q2/2026

Group Revenue 1

5864 m

+6% 2

Q2/25: €5,571 m

Group EBIT 1

719 m

+10% 4

Q2/25: €654 m

Core Net income 1, 3

470 m

+14% 4

Q2/25: €412 m

Core EPS 1, 3

0.83

+14% 4

Q2/25: €0.73

KABI Revenue 1

2244 m

+7% 2

Q2/25: €2,111 m

HELIOS Revenue 1

3526 m

+5% 2

Q2/25: €3,370 m

1 Before special items

2 Organic growth rate adjusted for accounting effects related to Argentina hyperinflation

3 Excluding Fresenius Medical Care and Vitrea

4 Constant currency growth

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