Power & Energy sales were $8.238 billion in Q2 2026, an increase of $1.201 billion or 17 percent compared with Q2 2025
The company anticipates growth in Power Generation for both reciprocating engines and turbines and turbine-related services, driven by increasing energy demand to support data center build-out related to cloud computing and generative AI
Prime power demand continues to trend higher for turbines and turbine-related services and for reciprocating engine products and services
The order backlog at June 30, 2026 was approximately $72.1 billion, about $9.4 billion higher than Q1 2026, with the largest increase in Power & Energy
Of the total backlog, approximately $29.2 billion was not expected to be filled in the following twelve months
the finding
The disclosure now explicitly names turbines, turbine-related services, and reciprocating engine products experiencing higher prime power demand, bearing on the stated reason.
The report says this changed. It does not say whether that is good or bad, so neither do we.