Quarterly ResultMay 6, 2026, 11:16 AM
Caterpillar Q1 Sales $17.42B, EPS $5.47; Profit up 27.3%
AI Summary
Caterpillar Inc. reported strong first-quarter results for 2026, with total sales and revenues increasing by 22.2% to $17.42 billion and diluted EPS rising by 30.2% to $5.47. Consolidated profit grew by 27.3% to $2.54 billion. The company also completed the acquisition of RPM Global, contributing to an increase in goodwill, and noted a U.S. Supreme Court ruling on unauthorized IEEPA tariffs totaling approximately $1.0 billion, for which recovery is not probable.
Key Highlights
- Total sales and revenues increased 22.2% to $17.42 billion for Q1 2026.
- Diluted earnings per share (EPS) rose 30.2% to $5.47 in Q1 2026.
- Consolidated profit increased 27.3% to $2.54 billion for the quarter.
- Sales of Machinery, Power & Energy were $16.47 billion, up from $13.38 billion in Q1 2025.
- Revenues of Financial Products increased to $942 million from $871 million in Q1 2025.
- Net cash provided by operating activities increased to $1.87 billion from $1.29 billion.
- The company repurchased $5.03 billion in common stock during the quarter.
- Acquired RPM Global in Q1 2026, adding $200 million in intangible assets and $546 million in goodwill.
Price Impact
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