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Caterpillar maintains 2026 sales and revenue growth outlook at mid-to-high teens

By Public Technologies
  • Caterpillar maintained its 2026 outlook for mid-to-high teens sales and revenue growth versus 2025.
  • Adjusted operating margin expected above 2025 but near the annual target range’s bottom, excluding IEEPA tariff recoveries.
  • Tariff costs forecast around USD 2.2 billion, excluding IEEPA recoveries; MP&E free cash flow expected in annual target range’s upper half.
  • Fourth-quarter sales growth expected to moderate; tariff costs projected at about USD 600 million, roughly USD 200 million below a year earlier.
  • Third-quarter sales and revenues rose 17% to USD 20.7 billion; order backlog increased 96% to USD 78 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Caterpillar Inc. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.

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