Caterpillar Inc. reports news on its global equipment, power and financing businesses. The company manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, with operating activity organized around Power & Energy, Construction Industries and Resource Industries.
Recurring updates include quarterly results, segment sales, machine and power-system retail demand, dividend and share-repurchase actions, Cat Financial performance, shareholder meeting materials, executive and board changes, dealer-supported customer activity and strategic power-generation or workforce initiatives tied to advanced manufacturing and technician skills.
Caterpillar (CAT) intends to invest approximately $1 billion in North Carolina to expand manufacturing capacity for its Cat Compact business.
The plans include a new manufacturing facility in Sanford designed to increase production of compact track loaders and telehandlers to meet customer demand. Caterpillar says the project supports its strategy of making equipment access more convenient for small contractors and growing businesses. The facility is expected to incorporate advanced manufacturing technologies, automation, digital production systems and integrated logistics capabilities. The manufacturing environment is designed to improve safety, quality and operational performance.
Caterpillar (CAT) agreed to acquire John Fabick Tractor Company, a Cat dealer serving Wisconsin and portions of three other states.
Fabick’s territory covers parts of Missouri and Illinois, all of Wisconsin and Michigan’s Upper Peninsula. Caterpillar says it aims to maintain customer service and local support through the ownership transition. The transaction requires regulatory approval and is subject to other customary closing conditions. Caterpillar expects it to close within 30 days.
Caterpillar (CAT) and Luck Stone are expanding their autonomous hauling technology from the Bull Run Quarry to two additional Virginia quarries after an 18‑month pilot. At Bull Run, autonomous trucks have hauled more than 3.5 million tons since November 2024. The new phase will deploy Cat® MineStar™ Command for hauling on fleets of Cat® 775 trucks at Boscobel and Bealeton, marking the first use of Caterpillar’s autonomous haulage solution on the Cat 775 model. Caterpillar reports its autonomous trucks have collectively hauled over 13 billion tonnes globally.
Caterpillar (CAT) announced a collaboration with FieldAI on Sept. 2, 2026 to advance AI-powered autonomy, robotics and “physical AI” for industrial operations. The partnership targets safer, smarter and more productive jobsites and factories by converting real-time observations into actionable operational insights.
The collaboration combines Caterpillar’s industry expertise, engineering capabilities and large operational data sets with FieldAI’s robot-agnostic autonomy and AI-enabled robot foundation models. Early applications include autonomous inspections, jobsite and facility digital twins, enhanced situational awareness to identify risks sooner and operational optimization using simulation, automation and AI-driven insights. Leveraging NVIDIA accelerated computing and NVIDIA Omniverse technologies, the partners aim to improve site visibility, accelerate decision-making and support the next generation of industrial operations within Caterpillar’s manufacturing modernization and “jobsite of the future” initiatives.
Caterpillar (NYSE: CAT) announced that CEO Joe Creed is expected to join a virtual headquarters visit and moderated investor discussion hosted by Jerry Revich of Wells Fargo on Thursday, Sept. 10, from 9:00 to 9:45 a.m. CDT. The session will be accessible via a public real-time video webcast, with participants advised to visit the website at least 15 minutes early to install any required software. Following the event, a transcript, audio, and video replay will be available on Caterpillar's investor relations website. Phone dial-in access is offered at +1 312-270-1925 with Conference ID 733 843 428#.
Caterpillar (NYSE: CAT) launched a new workforce commitment in Arkansas as part of its five-year, $100 million Building the Future Workforce Initiative. The company is allocating up to $3 million to prepare Arkansas workers for modern manufacturing and industry technician roles through accessible, skills-based training.
The investment is designed to expand hands-on manufacturing pathways, increase regional technical training capacity and strengthen employer engagement. Partners include the Academies of Central Arkansas, University of Arkansas Pulaski Technical College and the Little Rock Regional Chamber. Caterpillar currently employs more than 530 people in Arkansas and works with 60 in-state suppliers.
Cat Financial (NYSE: CAT) reported second-quarter 2026 revenues of $991 million, up 10% from $899 million a year earlier, driven mainly by higher average earning assets. Profit was $145 million, a 6% increase, while profit before income taxes rose 13% to $206 million, reflecting a $44 million benefit from higher earning assets partly offset by a $22 million higher provision for credit losses.
The estimated annual tax rate increased to 28% from 25%, primarily due to changes in geographic profit mix. Retail new business volume reached $3.92 billion, up 9% with growth across all segments. Past dues improved to 1.31% from 1.62%, and net write-offs were $20 million versus $18 million. At June 30, 2026, the allowance for credit losses was $294 million, or 0.84% of finance receivables. For the first six months of 2026, revenues rose 10% to $1.94 billion and profit increased 8% to $289 million; total assets grew 6% to $40.46 billion.
Caterpillar (NYSE: CAT) reported second-quarter 2026 sales and revenues of $20.5 billion, up 24% from $16.6 billion a year earlier, marking its first quarter above $20 billion. Profit per share rose to $7.77 from $4.62, while adjusted profit per share increased to $8.17 from $4.72. Operating profit margin improved to 20.9% versus 17.3%, and adjusted operating margin reached 21.9%.
According to Caterpillar, the revenue increase was driven mainly by $3.1 billion higher sales volume and $595 million favorable price realization, with growth across Power & Energy, Construction Industries and Resource Industries. Operating profit rose 50% to $4.295 billion. Enterprise operating cash flow was $4.4 billion, and the company returned $2.2 billion via $1.5 billion of share repurchases and $0.7 billion of dividends.
Caterpillar (NYSE: CAT) launched a new workforce commitment in Illinois as part of its five-year, $100 million Building the Future Workforce Initiative. The company is allocating up to $10 million to prepare workers statewide for modern manufacturing and industry technician roles.
According to Caterpillar, the investment will reduce barriers to training, define in-demand skills and connect individuals to manufacturing careers across multiple Illinois communities where it has a footprint, including East Peoria, Mapleton, Morton, Pontiac and Decatur. Caterpillar employs more than 17,000 people in Illinois, and will collaborate with regional educational and economic development organizations to create accessible, affordable, industry-relevant training and outreach programs that could be replicated nationally.
Caterpillar (NYSE: CAT) plans to release its second-quarter 2026 financial results at 5:30 a.m. CDT on Tuesday, August 4. The full release will appear on Caterpillar's investor relations website, PR Newswire, and be furnished to the SEC on Form 8-K.
A real-time, listen-only teleconference and webcast with analysts and institutional investors will start at 7:30 a.m. CDT. Investors can access the one-hour call online or by phone using conference ID 6824010, with toll-free and international dial-in options, and later replay the webcast at no charge.