Power & electrical infrastructure
ABB Ltd
Business, financial evidence and documented connections to the AI buildout.
Business and AI exposure
ABB supplies electrification and automation equipment. Its Applied Digital partnership covers medium- and low-voltage power systems, uninterruptible power supplies and switchgear for AI-ready data centers. The connection is equipment supply and related services, rather than ownership of the customer’s computing capacity.
Earnings and disclosures
Latest verified results: Q2 2026 · Released 2026-07-16
Next results: 2026-10-20 · Q3 2026 results.
The current financial calendar and webcast invitation both confirm October 20, 2026.
Checked 2026-10-18 · Financial context and sources ↓
Financial context
For Q2 2026, ABB reported $1.231 billion of net income attributable to the company and a 20.2% operational EBITA margin. These group results do not disclose the value or margin of the Polaris Forge 2 order, or an AI-only share of company revenue.
Delivery and commitments
ABB announced that the order was booked in Q4 2025. Applied Digital’s subsequent plan describes a 300 MW campus with an initial 200 MW leased scope, targeting initial service at the end of 2026 and a fuller build during 2027. Those are customer capacity plans, not ABB-owned MW.
Costs, funding and dependencies
Manufacturing, testing, installation, grid energization and customer acceptance affect equipment delivery and revenue timing. An order booking precedes fulfillment and does not establish that all equipment has been accepted or that the campus is operating.
What to watch next
Watch shipment and acceptance disclosures alongside the customer’s commissioning schedule. Campus opening can help assess execution, but ABB’s recognized order revenue and margin require separate company evidence.
Documented project connections
Each connection below has a specific, cited role. A supplier, lender, customer or proposed acquirer has different economics from the project owner.
Applied Digital Polaris Forge 2
Documented low/medium-voltage power architecture, UPS and switchgear supplier; no order value, site revenue or delivery acceptance inferred.
The documented role does not establish contract value, project-level earnings, accepted operating load or a share of company revenue.
Evidence boundaries
Company totals, segment sales, bookings, backlog, spending, capacity and usage describe different things. They do not establish project-level revenue, earnings or an exact AI-only revenue share unless the cited disclosure explicitly says so.
This is a dated research snapshot. Forecasts are attributed expectations, and undisclosed amounts remain unknown. Source review does not certify every project or future outcome.