Caterpillar Reports Strong Q1 Earnings Amid Data Center Demand Growth
Caterpillar (CAT) reported strong first-quarter earnings for 2026, with revenue reaching $17.41 billion and a significant increase in Power Generation segment sales driven by data center demand. However, manufacturing cost headwinds amounted to $710 million, and cash reserves declined sharply from $9.98B to $4.07B.
Topics: caterpillar data center demand revenue growth stock performance