Caterpillar Q1 Earnings: 22% Revenue Growth and EPS Beat Expectations

Caterpillar posted 22% revenue growth in Q1 2026, exceeding expectations. The company's earnings per share (EPS) of $5.47 beat estimates by 97 cents. The strong results drove the stock up 5%.

Caterpillar reported Q1 earnings per share (EPS) of $5.47, significantly beating expectations of $4.50. This EPS beat translates to a 97-cent outperformance.

Furthermore, the company's revenue topped expectations at $17.42 billion, compared to the estimated $16.53 billion. Caterpillar's Q1 revenue growth reached 22%.

The strong financials led to a 5% jump in the company's stock price.

Caterpillar's solid Q1 performance should be seen in the context of a robust demand for AI data center power, which played a significant role in driving the company's revenue surprise.

Caterpillar Q1 Earnings: 22% Revenue Growth and EPS Beat Expectations

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