Quarterly ResultApr 30, 2026, 06:37 AM
CAT Q1 Sales +22% to $17.4B; Adj. EPS $5.54; Deploys $5.7B Cash
AI Summary
Caterpillar Inc. reported a strong first quarter for 2026, with sales and revenues increasing 22% to $17.4 billion, driven by higher sales volume and favorable price realization. Adjusted profit per share rose to $5.54. The company deployed $5.7 billion in cash for share repurchases and dividends during the quarter, reflecting disciplined capital allocation. Management highlighted resilient end markets, robust order activity, and a record backlog.
Key Highlights
- Q1 2026 sales and revenues increased 22% to $17.4 billion from $14.2 billion YoY.
- Adjusted profit per share rose to $5.54, up from $4.25 in Q1 2025.
- Deployed $5.0 billion for share repurchases and $0.7 billion for dividends in Q1.
- Construction Industries sales increased 38% to $7.161 billion.
- Power & Energy sales increased 22% to $7.031 billion.
- North America sales grew 32% to $10.230 billion.
- Total combined retail sales increased 14% in Q1 2026.
- Enterprise operating cash flow was $1.9 billion, ending Q1 with $4.1 billion cash.