CAT

EX-99.1

2 ex991toformcat3q2026earnin.htm

EX-99.1

Document

Exhibit 99.1

Caterpillar Inc.

3Q 2026 Earnings Release

FOR IMMEDIATE RELEASE

Caterpillar Reports Third-Quarter 2026 Results

Third Quarter

($ in billions except profit per share)20262025

Sales and Revenues$20.7$17.6

Profit Per Share$7.13$4.88

Adjusted Profit Per Share$7.20$4.95

Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13.

●Third-quarter 2026 sales and revenues increased 17% to $20.7 billion

●Third-quarter 2026 profit per share of $7.13; adjusted profit per share of $7.20

●Deployed $2.0 billion of cash for share repurchases and dividends in the third quarter

IRVING, Texas, Oct. 29, 2026 – Caterpillar Inc. (NYSE: CAT) announced third-quarter 2026 results.

“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 and revenues for the third quarter of 2026 were $20.7 billion, a 17% increase compared with $17.6 billion in the third quarter of 2025. The increase was primarily due to higher sales volume of $2.2 billion and favorable price realization of $663 million.

Operating profit margin was 20.4% for the third quarter of 2026, compared with 17.3% for the third quarter of 2025. Adjusted operating profit margin was 20.6% for the third quarter of 2026, compared with 17.5% for the third quarter of 2025. Third-quarter 2026 profit per share was $7.13, compared with third-quarter 2025 profit per share of $4.88. Adjusted profit per share in the third quarter of 2026 was $7.20, compared with third-quarter 2025 adjusted profit per share of $4.95. For the third quarter of 2026 and 2025, adjusted operating profit margin and adjusted profit per share excluded restructuring costs.

For the third quarter of 2026, enterprise operating cash flow was $4.4 billion, and the company ended the third quarter with $7.9 billion of enterprise cash. In the quarter, the company deployed $1.2 billion of cash for repurchases of Caterpillar common stock and $0.7 billion of cash for dividends.

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2

CONSOLIDATED RESULTS

Consolidated Sales and Revenues

The chart above graphically illustrates reasons for the change in consolidated sales and revenues between the third quarter of 2025 (at left) and the third quarter of 2026 (at right). Caterpillar management utilizes these charts internally to visually communicate with the company’s board of directors and employees.

Total sales and revenues for the third quarter of 2026 were $20.682 billion, an increase of $3.044 billion, or 17%, compared with $17.638 billion in the third quarter of 2025. The increase was primarily due to higher sales volume of $2.2 billion and favorable price realization of $663 million. Higher sales volume was mainly driven by higher sales of equipment to end users.

Sales were higher across the three primary segments.

Sales and Revenues by Segment

(Millions of dollars)Third Quarter 2025Sales VolumePrice RealizationCurrencyInter-Segment / OtherThird Quarter 2026$ Change% Change

Power & Energy$7,463 $879 $216 $12 $214 $8,784 $1,321 18%

Construction Industries6,760 874 349 2 (2)7,983 1,223 18%

Resource Industries3,999 478 96 40 2 4,615 616 15%

All Other Segment73 5 — — (6)72 (1)(1%)

Corporate Items and Eliminations(1,569)(29)2 4 (208)(1,800)(231)

Machinery, Power & Energy16,726 2,207 663 58 — 19,654 2,928 18%

Financial Products Segment1,076 — — — 101 1,177 101 9%

Corporate Items and Eliminations(164)— — — 15 (149)15

Financial Products Revenues912 — — — 116 1,028 116 13%

Consolidated Sales and Revenues$17,638 $2,207 $663 $58 $116 $20,682 $3,044 17%

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Sales and Revenues by Geographic Region

North AmericaLatin AmericaEAMEAsia/PacificExternal Sales and RevenuesInter-SegmentTotal Sales and Revenues

(Millions of dollars)$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg

Third Quarter 2026

Power & Energy$4,395 26%$435 (12%)$1,580 22%$878 (4%)$7,288 18%$1,496 17%$8,784 18%

Construction Industries4,796 23%825 26%1,366 12%925 2%7,912 18%71 (3%)7,983 18%

Resource Industries2,180 27%759 25%674 10%916 (6%)4,529 16%86 2%4,615 15%

All Other Segment9 80%— —%3 50%3 —%15 50%57 (10%)72 (1%)

Corporate Items and Eliminations(81)2 (4)(7)(90)(1,710)(1,800)

Machinery, Power & Energy11,299 25%2,021 15%3,619 16%2,715 (3%)19,654 18%— —%19,654 18%

Financial Products Segment780 8%132 12%142 9%123 16%1,177 9%— —%1,177 9%

Corporate Items and Eliminations(62)(29)(33)(25)(149)— (149)

Financial Products Revenues718 15%103 12%109 2%98 13%1,028 13%— —%1,028 13%

Consolidated Sales and Revenues$12,017 24%$2,124 15%$3,728 15%$2,813 (2%)$20,682 17%$— —%$20,682 17%

Third Quarter 2025

Power & Energy$3,478 $496 $1,296 $911 $6,181 $1,282 $7,463

Construction Indus

EX-99.1

2 ex991toformcat2q2026earnin.htm

EX-99.1

Document

Exhibit 99.1

Caterpillar Inc.

2Q 2026 Earnings Release

FOR IMMEDIATE RELEASE

Caterpillar Reports Second-Quarter 2026 Results

Second Quarter

($ in billions except profit per share)20262025

Sales and Revenues$20.5$16.6

Profit Per Share$7.77$4.62

Adjusted Profit Per Share$8.17$4.72

Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13.

●Second-quarter 2026 sales and revenues increased 24% to $20.5 billion

●Second-quarter 2026 profit per share of $7.77; adjusted profit per share of $8.17

●Deployed $2.2 billion of cash for share repurchases and dividends in the second quarter

IRVING, Texas, Aug. 4, 2026 – Caterpillar Inc. (NYSE: CAT) announced second-quarter 2026 results.

“This is the first time in company history that we have generated over $20 billion in sales and revenues in a single quarter,” said Caterpillar Chairman and CEO Joe Creed. “This milestone underscores both the essential work our customers do every day and the dedication of Caterpillar employees worldwide to solving our customers’ toughest challenges. Strong order rates and a growing backlog reflect broadening momentum across all three of our primary segments.”

Sales and revenues for the second quarter of 2026 were $20.5 billion, a 24% increase compared with $16.6 billion in the second quarter of 2025. The increase was primarily due to higher sales volume of $3.1 billion and favorable price realization of $595 million.

Operating profit margin was 20.9% for the second quarter of 2026, compared with 17.3% for the second quarter of 2025. Adjusted operating profit margin was 21.9% for the second quarter of 2026, compared with 17.6% for the second quarter of 2025. Second-quarter 2026 profit per share was $7.77, compared with second-quarter 2025 profit per share of $4.62. Adjusted profit per share in the second quarter of 2026 was $8.17, compared with second-quarter 2025 adjusted profit per share of $4.72. For the second quarter of 2026 and 2025, adjusted operating profit margin and adjusted profit per share excluded restructuring costs.

For the second quarter of 2026, enterprise operating cash flow was $4.4 billion, and the company ended the second quarter with $6.7 billion of enterprise cash. In the quarter, the company deployed $1.5 billion of cash for repurchases of Caterpillar common stock and $0.7 billion of cash for dividends.

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2

CONSOLIDATED RESULTS

Consolidated Sales and Revenues

The chart above graphically illustrates reasons for the change in consolidated sales and revenues between the second quarter of 2025 (at left) and the second quarter of 2026 (at right). Caterpillar management utilizes these charts internally to visually communicate with the company’s board of directors and employees.

Total sales and revenues for the second quarter of 2026 were $20.543 billion, an increase of $3.974 billion, or 24%, compared with $16.569 billion in the second quarter of 2025. The increase was primarily due to higher sales volume of $3.1 billion and favorable price realization of $595 million. Higher sales volume was mainly driven by higher sales of equipment to end users.

Sales were higher across the three primary segments.

Sales and Revenues by Segment

(Millions of dollars)Second Quarter 2025Sales VolumePrice RealizationCurrencyInter-Segment / OtherSecond Quarter 2026$ Change% Change

Power & Energy$7,037 $736 $212 $53 $200 $8,238 $1,201 17%

Construction Industries6,190 1,755 309 74 18 8,346 2,156 35%

Resource Industries3,886 639 75 65 (17)4,648 762 20%

All Other Segment85 1 1 — (3)84 (1)(1%)

Corporate Items and Eliminations(1,524)(18)(2)7 (198)(1,735)(211)

Machinery, Power & Energy15,674 3,113 595 199 — 19,581 3,907 25%

Financial Products Segment1,042 — — — 103 1,145 103 10%

Corporate Items and Eliminations(147)— — — (36)(183)(36)

Financial Products Revenues895 — — — 67 962 67 7%

Consolidated Sales and Revenues$16,569 $3,113 $595 $199 $67 $20,543 $3,974 24%

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Sales and Revenues by Geographic Region

North AmericaLatin AmericaEAMEAsia/PacificExternal Sales and RevenuesInter-SegmentTotal Sales and Revenues

(Millions of dollars)$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg

Second Quarter 2026

Power & Energy$4,182 30%$373 (16%)$1,348 3%$892 9%$6,795 17%$1,443 16%$8,238 17%

Construction Industries5,065 50%676 25%1,456 23%1,064 3%8,261 35%85 27%8,346 35%

Resource Industries2,230 34%671 13%713 22%954 1%4,568 21%80 (18%)4,648 20%

All Other Segment9 50%1 —%2 100%3 (50%)15 15%69 (4%)84 (1%)

Corporate Items and Eliminations(51)1 (1)(7)(58)(1,677)(1,735)

Machinery, Power & Energy11,435 39%1,722 10%3,518 15%2,906 4%19,581 25%— —%19,581 25%

Financial Products Segment765 9%122 16%137 9%121 12%1,145 10%— —%1,145 10%

Corporate Items and Eliminations(106)(23)(30)(24)(183)— (183)

Financial Products Revenues659 7%99 16%107 (1%)97 11%962 7%— —%962 7%

Consolidated Sales and Revenues$12,094 37%$1,821 10%$3,

EX-99.1

2 ex991toformcat1q2026earnin.htm

EX-99.1

Document

Exhibit 99.1

Caterpillar Inc.

1Q 2026 Earnings Release

FOR IMMEDIATE RELEASE

Caterpillar Reports First-Quarter 2026 Results

First Quarter

($ in billions except profit per share)20262025

Sales and Revenues$17.4$14.2

Profit Per Share$5.47$4.20

Adjusted Profit Per Share$5.54$4.25

Please see a reconciliation of GAAP to non-GAAP financial measures in the appendix on pages 12 and 13.

●First-quarter 2026 sales and revenues increased 22% to $17.4 billion

●First-quarter 2026 profit per share of $5.47; adjusted profit per share of $5.54

●Deployed $5.7 billion of cash for share repurchases and dividends in the first quarter

IRVING, Texas, Apr. 30, 2026 – Caterpillar Inc. (NYSE: CAT) announced first-quarter 2026 results.

“Our team delivered a strong start to the year, driven by resilient end markets and disciplined execution in a dynamic operating environment,” said Caterpillar Chairman and CEO Joe Creed. “Solid sales and revenues growth, combined with robust order activity, demonstrate the strength of our business and our focus on solving our customers’ toughest challenges. A record backlog provides a strong foundation for continued positive momentum.”

Sales and revenues for the first quarter of 2026 were $17.4 billion, a 22% increase compared with $14.2 billion in the first quarter of 2025. The increase was primarily due to higher sales volume of $2.3 billion and favorable price realization of $426 million.

Operating profit margin was 17.7% for the first quarter of 2026, compared with 18.1% for the first quarter of 2025. Adjusted operating profit margin was 18.0% for the first quarter of 2026, compared with 18.3% for the first quarter of 2025. First-quarter 2026 profit per share was $5.47, compared with first-quarter 2025 profit per share of $4.20. Adjusted profit per share in the first quarter of 2026 was $5.54, compared with first-quarter 2025 adjusted profit per share of $4.25. For the first quarter of 2026 and 2025, adjusted operating profit margin and adjusted profit per share excluded restructuring costs.

For the first quarter of 2026, enterprise operating cash flow was $1.9 billion, and the company ended the first quarter with $4.1 billion of enterprise cash. In the quarter, the company deployed $5.0 billion of cash for repurchases of Caterpillar common stock and $0.7 billion of cash for dividends.

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2

CONSOLIDATED RESULTS

Consolidated Sales and Revenues

The chart above graphically illustrates reasons for the change in consolidated sales and revenues between the first quarter of 2025 (at left) and the first quarter of 2026 (at right). Caterpillar management utilizes these charts internally to visually communicate with the company’s board of directors and employees.

Total sales and revenues for the first quarter of 2026 were $17.415 billion, an increase of $3.166 billion, or 22%, compared with $14.249 billion in the first quarter of 2025. The increase was primarily due to higher sales volume of $2.3 billion and favorable price realization of $426 million. Higher sales volume was mainly driven by the impact from changes in dealer inventories and higher sales of equipment to end users. Dealer inventory increased more during the first quarter of 2026 than during the first quarter of 2025.

Sales were higher across the three primary segments.

Sales and Revenues by Segment

(Millions of dollars)First Quarter 2025Sales VolumePrice RealizationCurrencyInter-Segment / OtherFirst Quarter 2026$ Change% Change

Power & Energy$5,783 $840 $108 $111 $189 $7,031 $1,248 22%

Construction Industries5,184 1,459 356 143 19 7,161 1,977 38%

Resource Industries3,661 85 (39)78 12 3,797 136 4%

All Other Segment70 1 — — 6 77 7 10%

Corporate Items and Eliminations(1,320)(67)1 19 (226)(1,593)(273)

Machinery, Power & Energy13,378 2,318 426 351 — 16,473 3,095 23%

Financial Products Segment1,007 — — — 89 1,096 89 9%

Corporate Items and Eliminations(136)— — — (18)(154)(18)

Financial Products Revenues871 — — — 71 942 71 8%

Consolidated Sales and Revenues$14,249 $2,318 $426 $351 $71 $17,415 $3,166 22%

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Sales and Revenues by Geographic Region

North AmericaLatin AmericaEAMEAsia/PacificExternal Sales and RevenuesInter-SegmentTotal Sales and Revenues

(Millions of dollars)$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg$% Chg

First Quarter 2026

Power & Energy$3,500 33%$278 (15%)$1,141 11%$794 17%$5,713 23%$1,318 17%$7,031 22%

Construction Industries4,292 48%650 29%1,199 38%961 11%7,102 38%59 48%7,161 38%

Resource Industries1,836 14%572 (6%)560 10%742 (14%)3,710 3%87 16%3,797 4%

All Other Segment7 (13%)— —%3 200%2 —%12 9%65 10%77 10%

Corporate Items and Eliminations(55)— (4)(5)(64)(1,529)(1,593)

Machinery, Power & Energy9,580 34%1,500 5%2,899 21%2,494 4%16,473 23%— —%16,473 23%

Financial Products Segment741 9%111 12%133 9%111 7%1,096 9%— —%1,096 9%

Corporate Items and Eliminations(91)(19)(24)(20)(154)— (154)

Financial Products Revenues650 8%92