Caterpillar reports 17% increase in third-quarter sales
Caterpillar Inc. reported third-quarter 2026 sales and revenues of $20.7 billion, a 17% increase from $17.6 billion in the same period last year, driven by higher sales volume and favorable pricing.
Profit per share rose to $7.13, compared with $4.88 in the third quarter of 2025. Adjusted profit per share, which excludes restructuring costs, increased to $7.20 from $4.95.
“Our third-quarter results reflect the durability of our end markets, with strong order rates and a record backlog,” said Caterpillar Chairman and CEO Joe Creed. “Our team continues to execute our strategic priorities in a dynamic environment, positioning us for a strong year while delivering long-term value for our customers and shareholders.”
Sales increased across Caterpillar’s three primary segments. Power & Energy sales rose 18% to $8.8 billion, Construction Industries sales increased 18% to $8 billion and Resource Industries sales grew 15% to $4.6 billion.
Operating profit increased 38% to $4.2 billion, compared with $3.1 billion a year earlier. Operating profit margin improved to 20.4% from 17.3%.
Caterpillar generated $4.4 billion in enterprise operating cash flow during the quarter. The company also repurchased $1.2 billion in common stock and paid $700 million in dividends.
