Innio crosses $1 billion in quarterly revenue as AI data centers buy their own power
Photo: Crypto Briefing
The power equipment maker posted 57% revenue growth to $1.2 billion in the third quarter and raised its full-year outlook INNIO N.V. just had the kind of quarter most industrial companies only see in investor-day slide decks. The company reported third-quarter 2026 revenue of $1.2 billion on October 27, a 57% jump from the same period last year. It is the first time INNIO has topped $1 billion in a single quarter. The reason fits in two letters: AI. Data centers are hungry for electricity, and many cannot wait for the local utility to hook them up.
Source: Crypto Briefing
