Caterpillar’s order backlog reached a record $62.7 billion at the end of the March quarter, providing unprecedented demand visibility for its power generation and construction equipment. (Reuters)
Management raised its full-year revenue outlook to low double-digit growth and lifted its long-term average revenue CAGR to 6–9% from 5–7%, underscoring confidence in AI-driven power and construction demand. (Reuters)
Q1 revenue surged 22% year-on-year to $17.42 billion, with construction and power & energy segment sales jumping 38% and 22% respectively, demonstrating broad-based strength across core divisions. (Reuters)
Caterpillar warned of a $2.6 billion tariff hit in 2026, including about $800 million in the first quarter, pressuring its manufacturing costs and margins. (Reuters)
The company outlined two scenarios for its full-year operating profit margin, highlighting planning risks amid evolving U.S. trade policies and increasing policy uncertainty. (Reuters)
In Q1, benefits from higher sales volume and pricing were partly offset by $710 million of unfavorable manufacturing costs tied to higher tariffs, compressing profitability. (Reuters)