Want to see ABBNY full AI Analyst Report?
EarningsQ2 2026 Earnings Report
ABBNY Q2 2026 EPS Results
Actual EPS$0.66
Consensus EPS$0.74
Beat/MissMissed by -$0.08
One Year Ago EPS$0.63
ABBNY Q2 2026 Revenue Results
Actual Revenue$9.51B
Expected Revenue$9.48B
Beat/MissBeat by +$29.70M
YoY Revenue Growth+5.75%
Earnings Announcement Details
QuarterQ2 2026
Date07/16/2026
TimeBefore Open
Conference CallThursday, July 16, 2026
ABBNY Upcoming Earnings
ABB Ltd's next earnings date is estimated for October 20, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
ABBNY Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: ABB reported record orders, revenues and backlog, delivered solid earnings growth and margin expansion, strengthened cash generation, raised FY revenue guidance, and announced a meaningful strategic M&A move (Rotork) that expands the Automation portfolio. Notable headwinds include FX/commodity derivative impacts on gross margin, special items (~$130m), margin pressure in Motion (partly from the Gamesa Electric acquisition) and a year-on-year decline in Automation orders (driven by prior-year comparables). Management provided clear mitigation plans (pricing acceleration, efficiency actions, capacity additions, and guidance that margins should improve sequentially), and e-mobility losses are narrowing with a path to break-even. Overall, the positive operational momentum, upgraded guidance, and strategic M&A pipeline outweigh the listed challenges.Company Guidance
Record Quarterly Orders and Revenues
Orders reached about $12.0 billion in Q2, a comparable increase of 28%. Revenues were a record $9.5 billion, up 12% on a comparable basis, with positive book-to-bill of 1.27 and backlog at a record $30 billion (up 28% comparable).
Electrification Outperformance
Electrification posted record results: orders up 58% comparable, first time >$7 billion in quarterly intake, backlog rose 59% to $13.7 billion. Revenues were $5.2 billion (comparable growth 19%). Operational EBITA rose 26% to $1.3 billion with a record margin of 24.9%.
Strong Operational Profit & Margin Improvement
Group Operational EBITA increased 20% to $1.9 billion, with Operational EBITA margin improving 90 basis points to 20.2% year-on-year. Income from operations and EPS improved (EPS up ~8%).
Robust Geographic Demand
Orders up double-digits across regions: Americas +52% like-for-like (U.S. +62%, base orders +30%), Europe +12% (offsetting weakness in Germany), Asia/Middle East/Africa +12% (China +10%).
Raised FY and Q3 Revenue Guidance
Company raised full-year comparable revenue growth guidance to 'low double-digit to low teens' and expects Q3 comparable revenue growth of low- to mid-teens year-on-year, with sequential Operational EBITA margin improvement.
Strong Cash Generation
Free cash flow for the quarter was $881 million (improved slightly year-on-year). Management remains on track to improve FY free cash flow versus prior year level of $4.6 billion.
Strategic M&A Activity (Rotork and Others)
Three announced acquisitions (including Specialtrasfo and Høglund) and an offer for Rotork. Combined, the smaller deals plus Rotork would add ~3.5% to 2025 revenues; Rotork alone would have added ~3% to 2025 revenues and ~20 bps to Operational EBITA margin on a 2025 pro forma basis. Rotork: FY revenue GBP 777m, adjusted op margin 24.6%; proposed price ~GBP 5.03/share (~$5.5bn).
Electrification Pricing Progress
Pricing contribution of close to 2% in the quarter (sequential acceleration in pricing noted), with management expecting price improvements to help offset input cost pressure through the year.
ABBNY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed