Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/AI data center demand drives Caterpillar to record $20.5B quarterly sales, up 24% year-over-year.
CAT
$816.50
-$0.50 -0.06%

AI data center demand drives Caterpillar to record $20.5B quarterly sales, up 24% year-over-year.

Company Fundamentals
04 Aug 2026
PYMNTS
View Source
Bullish
pluang ai news

Caterpillar reported a record $20.5 billion in sales for Q2 2026, a 24% increase from the previous year, fueled by strong demand for power and construction equipment used in AI data center projects. Sales grew across all segments, with power and energy up 17%, construction industries up 35%, and resources industries up 20%. The company's order backlog surged 92% to $72 billion, signaling sustained growth. Caterpillar expects continued strong sales growth in Q3 and mid-to-high teens growth for the full year, driven by ongoing AI infrastructure investments.

More News (CAT)

Caterpillar CEO to join virtual investor event Sept 10 with live webcast and Q&A.

Caterpillar CEO to join virtual investor event Sept 10 with live webcast and Q&A.

Caterpillar Inc. CEO Joe Creed will participate in a virtual headquarters visit and investor discussion on September 10, hosted by Wells Fargo. The event will include a live video webcast open to the public, with a transcript and recordings available...

Market News
Neutral
22 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App