Development of business units

Development of the order book

Awarded contracts

German regional rail passenger transport market / million train-path kmH1 2026H1 2025
p. a.Totalp. a.Total
Tender procedures (number)48
thereof to DB Regional26
Awarded contract volume7.227.332.7344.5
thereof DB services (%)9664
thereof to DB Regional6.926.928.4305.5
Hit rate (%)96988789
Significant contracts won    
Niddertal transition0.72.1
Rhine-Main S-Bahn (metro) interim contract for Gallus6.224.8

The awarded contract volume for regional rail passenger transport services in Germany declined significantly compared to the first half of 2025. DB Regional’s hit rate developed very positively in the first half of 2026 and was exceptionally high. Given the anticipated increase in the awarded contract volume in the second half of 2026, however, we expect the hit rate for the full year to return to normal.

German public road passenger transport market / million commercial vehicle kmH1 2026H1 2025
p. a.Totalp. a.Total
Tender procedures (number)13294
thereof with participation of DB Regional10877
Awarded contract volume73.4634.159.7460.6
thereof DB services (%)3630
thereof with participation of DB Regional60.0509.753.2422.0
Hit rate (%)3846

The awarded contract volume in bus transport in Germany rose significantly in the first half of 2026. DB Regional’s hit rate declined in a highly competitive environment. Despite this, DB Regional further expanded its market share.

Tender procedure for S-Bahn (metro) Berlin completed

With the delivery of the award notice in July 2026, the awarded tender for operations, vehicle manufacturing and maintenance for the Stadtbahn and North-South sub-networks of S-Bahn (metro) in Berlin to S-Bahn (metro) Berlin GmbH, Siemens Mobility and Stadler Germany became legally binding. The consortium will supply 350 four-part continuous trains for the Berlin S-Bahn (metro) system, take over maintenance for a period of 30 years and operations (about 30 million train-path km p. a.) for 15 years (planned start of operations: December 2031).

New commissions and cessations

Commissionings / rail 1) 2025 to H1 2026PeriodMillion train-path km p. a.thereof vs. H1 2025 2)
Network 35 Baden-Württemberg Lot 3Aug 2025 to Dec 20408.4+4.2
Hanse Network Lower Saxony, South LotJun 2026 to Dec 20332.2+0.1
Total 10.6+4.3

1) Services or parts of the network were previously provided by non-Group train operating companies.
2) Effect of the change on the year-on-year comparison. The linear calculation is performed on a weekly basis due to commissioning in the middle of the month.

There were no changes of operator for DB Regional Rail’s existing rail services either in the previous year or in the first half of 2026.

Order book

Order book / € billionJun 30, 2026Dec 31, 2025Change
absolute%
DB Regional95.799.5–3.8–3.8
secured85.288.1–2.9–3.2
unsecured10.511.4–0.9–7.9

Revenues that are directly connected to transport contracts or concessions are either independent of (secured revenues, primarily concession fees) or dependent on (unsecured revenues, primarily revenues from fares) the number of passengers.

DB Regional’s order book decreased in the first half of 2026. The additions from awarded transport contracts in the amount of € 1.8 billion were offset by disposals of about € 5.6 billion as a result of services rendered. As the transport contracts awarded largely involve secured revenues, the decline in the secured order book resulting from services rendered is somewhat less pronounced than the decline in unsecured revenues.

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