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ABB
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Latest analysis
Updated Jul 16, 2026
ABB Q2 2026: Record $12B Quarter Orders, Rotork Acquisition at $5.5B, Revenue Guidance Raised to Low-Teens Growth
ABB delivered its strongest quarter on record — $12 billion in orders and $9.5 billion in revenues — driven by triple-digit data center order growth in Electrification and broad-based demand across all three business areas. The company simultaneously announced its largest M&A move in recent years: an offer to acquire UK actuator leader Rotork for approximately $5.5 billion at 19.5x EV/EBITDA, expanding ABB's automation loop from sensing and control into actuation. Management raised full-year comparable revenue growth guidance to 'low double-digit to low teens,' signaling conviction that record backlog of $30 billion converts at pace as newly commissioned capacity comes online.
Tone: bullishRevenue
$32.2B
ABBNY 20-F · FY 2023
Employees
105,000
Revenue FY2022
$29.4B
Founded
1988
Profile
ABBNY 20-F Item 4.B · Feb 23, 2024ABB Ltd is a global technology leader in electrification and automation, operating across four business areas: Electrification, Motion, Process Automation, and Robotics & Discrete Automation. The company serves industrial, transport & infrastructure, and utilities customers in approximately 100 countries. Its offering spans hardware products, digital solutions, and services targeting energy efficiency, industrial transformation, and decarbonization.
Read filing description ↓ Collapse description ↑
ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company's solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered, and operated. Building on more than 140 years of excellence, ABB's more than 105,000 employees are committed to driving innovations that accelerate industrial transformation. We operate in approximately 100 countries across three regions: Europe, the Americas, and Asia, Middle East and Africa, and generate revenues in numerous currencies. We are headquartered in Zurich, Switzerland, and we govern our company through our four Business areas: Electrification, Motion, Process Automation, and Robotics & Discrete Automation. As a global technology leader in electrification and automation enabling sustainability and resource efficiency, our offering is relevant for the global transition towards low-carbon energy, increased energy efficiency, and the transition to more adaptive manufacturing and automation, putting us right in the center of long-term secular trends. Approximately half of our revenues are derived from customers within the industrial segment where we serve production facilities and factories all around the world, from process industries such as oil and gas, pulp and paper as well as mining, to discrete industries including automotive, food and beverage and consumer electronics. Approximately one-third of our customers operate in the transport & infrastructure market. We also deliver solutions mainly for distribution utilities and renewables customers, while continuing to service conventional power generation customers with our control and automation solutions.
Primary products
- Medium- and low-voltage electrical components
- Switchgear
- Circuit breakers
- Digital devices and enclosures
- Industrial circuit breakers and low-voltage systems
- UPS solutions
Business segments
End markets
Geographies
Named customers
Named competitors
“All our four Business areas are market leaders in their respective areas being in either the number 1 or 2 position.” Competitive position, as stated in the filing
Revenue commentary · FY 2023
Total third-party revenues grew from $29,446 million in 2022 to $32,235 million in 2023, driven by strong order backlog conversion, pricing execution, and continued demand across electrification, motion and process automation end-markets; management noted revenue growth of 9 percent on a reported basis and 11 percent in local currencies.
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Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.