Caterpillar posts 38% surge in construction sales

The Caterpillar 6015 mining shovel has a 14.6-tonne (16.1-ton) bucket payload. (Photo: Caterpillar)

The OEM attributed the increase to higher sales volume of $1.5 billion and favourable price realisation of $356 million. Higher sales volume was primarily driven by the positive impact from changes in dealer inventories.

The region driving the growth was North America, where sales increased by 48%. Latin America was up by 29%, Europe, Africa and the Middle East (EAME) by 38% and Asia Pacific by 11%.

Construction Industries’ segment profit was $1.53 billion in the first quarter of 2026, an increase of $511 million, or 50%, compared with the first quarter of 2025.

Caterpillar’s Resource Industries – which includes mining and heavy construction equipment – saw total sales of $3.79 billion in the first quarter of 2026, an increase of $136 million, or 4%, compared with the first quarter of 2025.

“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.”

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