ABB's third-quarter profit slips while revenue climbs 14%
ABB reported third-quarter earnings of $1.181 billion, down from $1.208 billion a year earlier, while revenue rose 14.3% to $9.701 billion.
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what happened
According to RTTNews and dpa-AFX, Switzerland-based ABB Ltd (ABBN.SW) reported that its third-quarter profit fell compared with a year earlier. Net income was $1.181 billion, or $0.65 per share, versus $1.208 billion, or $0.66 per share, a year ago.
Revenue for the quarter, by contrast, rose 14.3% to $9.701 billion from $8.491 billion last year.
why it matters
A gap where revenue grows faster than profit usually points to margin pressure or higher costs. For investors in the industrial sector, this is a signal worth checking against the company's guidance and its comments on expenses.
market impact
ABB shares and European industrials: revenue growth with lower profit puts focus on margins
tags
instruments
sources
- ABB Ltd Reveals Fall In Q3 Income — TradingView, 20 October 2026 at 05:21 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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