INNIO Q3 Revenue Hits Record $1.2 Billion, Up 57%, Net Income Jumps 176% to $109.2 Million as Full-Year Guidance Is Raised
Distributed energy solutions provider INNIO N.V. (Nasdaq: INIO) on October 27 reported results for the third quarter ended September 30, 2026. Revenue reached a record $1.2 billion, up 57% year over year, marking the first $1 billion-plus revenue quarter in the company's history. Net income was $109.2 million, compared with $39.5 million a year earlier, an increase of 176%, and adjusted EBITDA rose 70% to $245.4 million, with a margin of 21%.
Equipment revenue increased 86% year over year to $777.6 million, reflecting disciplined backlog execution and large-scale data center deliveries, while services revenue reached $390.3 million, up 20%. Equipment order intake was $2.2 billion in the quarter, and the equipment order backlog reached $8.0 billion, up 142% year over year.
Dr. Olaf Berlien, President and CEO of INNIO, said the company delivered a record quarter, exceeding $1 billion in revenue for the first time and achieving a 21% adjusted EBITDA margin, and that with more than $6 billion in equipment order intake year to date, the company is scaling capacity to meet accelerating demand, particularly for super-intelligence infrastructure.
Based on its year-to-date performance, INNIO raised its fiscal 2026 outlook: total revenue guidance rose by $100 million to $3.9 to $4.0 billion, and adjusted EBITDA guidance rose by $60 million to $780 to $800 million. CFO Dr. Dennis Schulze said equipment margins improved again as deliveries increased while services continued to deliver strong profitability, and the company continues to invest in manufacturing capacity.
Business highlights included a 620 MW follow-on order and a 450 MW order from Liberty Energy for next-generation data center projects in North America, with behind-the-meter power solutions to be delivered by 2028. Headquartered in Munich, Germany, INNIO employs over 5,000 people worldwide and owns the Jenbacher and Waukesha gas engine brands.
Source: GSM · USA (original Chinese edition)
Photo: 图：数据中心机房内的服务器机架（资料图）。BalticServers.com 摄，CC BY-SA 3.0，经 Wikimedia Commons。 / Server racks inside a data center (file photo). Photo by BalticServers.com, CC BY-SA 3.0, via Wikimedia Commons.
