Caterpillar Inc. Q1 2026 Earnings Release and Retail Sales Data

Caterpillar Inc. reported strong first-quarter 2026 results, with sales and revenues increasing by 22% to $17.4 billion compared to the first quarter of 2025. This growth was driven by a higher sales volume of $2.3 billion and favorable price realization of $426 million. The company's profit per share was $5.47, with an adjusted profit per share of $5.54. Operating profit margin was 17.7%. Caterpillar deployed $5.7 billion in cash for share repurchases and dividends during the quarter. The company also provided supplemental information on retail sales for its Power & Energy, Construction Industries, and Resource Industries segments, showing varied growth rates across different applications and regions. Key drivers for sales increases included higher sales volume, favorable price realization, and changes in dealer inventories. Resource Industries, however, saw a decrease in segment profit due to unfavorable manufacturing costs, largely attributed to higher tariff costs.