ABB LtdQ2 profit up 7%, orders surge 30%, raised 2026 revenue outlook

ABB Ltd reported a 7% rise in second-quarter net income to $1.23 billion, while orders surged 30% to $12.042 billion, prompting the Swiss technology group to raise its full-year 2026 revenue forecast. Operational EBITA grew 20% to $1.93 billion, representing a margin of 20.2% of operational revenues, and revenues climbed 14% to $9.475 billion. CEO Morten Wierod said the quarter reflects ABB's strength at the core of electrification and automation megatrends, and the acquisition of Rotork is expected to create further value by expanding the automation portfolio. For the third quarter, ABB projects low- to mid-teens comparable revenue growth, and for full-year 2026 it now anticipates low double-digit to low-teens comparable revenue growth, up from its prior expectation of high single-digit to low double-digit growth. The operational EBITA margin is still expected to improve year-on-year, even excluding a real estate gain realized in the first quarter of 2026.
ABB LtdQ2 profit up 7%, orders surge 30%, raised 2026 revenue outlook
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