# Caterpillar’s Revenue Rises 17% as Power and Construction Sales Grow

Quarterly earnings increased as higher equipment demand and pricing lifted the industrial manufacturer’s results.

By Will Langan | 24X7 News
Published: 2026-10-29T11:05:30.559Z
Updated: 2026-10-29T11:05:30.559Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/caterpillar-third-quarter-results-october-29-2026

Caterpillar reported October 29 that third-quarter sales and revenue increased 17% to $20.682 billion, with growth across its three primary equipment segments.

Profit per share rose to $7.13 from $4.88 a year earlier. Adjusted profit per share, which excluded restructuring costs, increased to $7.20 from $4.95.

The company attributed most of the revenue increase to $2.2 billion in additional sales volume and $663 million in favorable pricing. Higher equipment sales to end users were the main source of volume growth.

Power and Energy sales rose 18% to $8.784 billion. Caterpillar said power-generation demand increased for turbines, related services and large reciprocating engines, particularly in data-center applications.

Construction Industries sales also rose 18%, reaching $7.983 billion. That segment’s profit increased 33% to $1.831 billion, despite higher manufacturing costs partly offsetting stronger volume and pricing.

The overall operating margin widened to 20.4% from 17.3%. Enterprise operating cash flow was $4.4 billion, and enterprise cash totaled $7.9 billion at quarter-end.

During the quarter, Caterpillar spent $1.2 billion on share repurchases and $700 million on dividends, according to its results release.

Sources:
Caterpillar — October 29 Earnings Release: https://www.prnewswire.com/news-releases/caterpillar-reports-third-quarter-2026-results-302922760.html

## Sources
- Caterpillar — Third-Quarter 2026 Results: https://www.prnewswire.com/news-releases/caterpillar-reports-third-quarter-2026-results-302922760.html