Caterpillar Inc. (CAT)

The company now

Caterpillar reported third-quarter 2026 sales and revenues of $20.7 billion on 29 October, up 17 percent from $17.6 billion a year earlier 1. Profit per share was $7.13, against $4.88 1. Operating profit rose 38 percent to $4.214 billion, and the operating margin was 20.4 percent, against 17.3 percent 1.

The engine and turbine business, Power & Energy, sold $8.784 billion, 18 percent more, and its power generation sales grew 30 percent to $3,421 million 1. The company said the gain came mainly in turbines and large engines, primarily in data center applications 1.

Chief executive Joe Creed credited strong order rates and a record backlog 1. Backlog, the orders the company believes are firm, was about $72.1 billion at the end of June 3. Construction Dive reported on 30 October that it reached $78 billion in the third quarter, nearly double a year earlier 8.

Resource Industries, the mining and rail business, held a margin of 13.5 percent against 13.6 percent as manufacturing costs rose $208 million, primarily from higher material costs, including tariffs 1.

In August the company said it expected 2026 tariff costs of around $2.2 billion, not counting expected recoveries, and that it would raise factory throughput in the second half of 2026 3. The open question is how fast the record backlog turns into shipments as that capacity comes on 3.

On 1 November Derrick York, who ran the Solar Turbines subsidiary, became group president of Resource Industries, as the board decided on 14 October 4.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.