ABB Says Data Centre Business Booming, Q3 Figures in Line with Forecasts
The Swiss engineering group said AI-driven demand lifted data-centre orders by triple digits and pushed revenue to $9.7 billion.
- On Tuesday, Zurich-based ABB reported third-quarter results, driven by continued strong demand for power distribution and cooling systems used in data centers.
- Orders for data center products saw a triple-digit increase during the third quarter, extending the growth trend observed in the second quarter.
- The Swiss company's operational earnings before interest, tax, and amortisation jumped 24% to $2.03 billion, slightly exceeding analyst forecasts for $2.0 billion.
- Revenue rose 14% to $9.70 billion, missing the $9.74 billion consensus, while net income reached $1.18 billion, or 65 cents per share.
- The IMF noted last week that spending on AI and data centers helps the global economy withstand energy shocks from the Middle East war.
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The boom in artificial intelligence investment continues to boost Swiss industrial group ABB’s business. The company reported strong demand for data center equipment in the third quarter of 2026, while its revenue and operating profit grew at a double-digit rate. ABB’s orders for data center products saw triple-digit growth in the July-September period, continuing a trend from the second quarter, supported by technology companies’ massive invest…
ABB: Q3 Earnings Snapshot – WTOP News
ZURICH (AP) — ZURICH (AP) — ABB Ltd. (ABBNY) on Tuesday reported third-quarter net income of $1.18 billion. On a per-share basis, the Zurich-based company said it had net income of 65 cents. Earnings, adjusted to account for discontinued operations, came to 68 cents per share. The industrial automation company posted revenue of $9.7 billion in the period. ABB shares have climbed 21% since the beginning of the year. _____ This story was generated…
ABB says data centre business booming, Q3 figures in line with forecasts
ABB continued to grow operationally in the third quarter of 2026. As in the first two quarters, sales and order intake increased double digits, the latter not least because of the data centers.
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