# Caterpillar raised its annual revenue forecast after beating expectations for quarterly profit.

*genai · news · 2026-04-30 · Bnn Bloomberg*

## Key points

- Caterpillar raised its full-year revenue growth estimate from 7% to the low double digits.
- The company's power and energy segment saw sales surge due to AI-driven data center demand.
- Caterpillar trimmed its estimated annual tariff impact from $2.6 billion to $2.2-$2.4 billion.
- Revenue from the core construction segment rose 38%, driven by higher dealer inventory and pricing.
- First-quarter adjusted profit per share was $5.54, beating analysts’ $4.62 estimate.

**Companies:** Caterpillar
**Countries:** United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/04/30/caterpillar-forecasts-higher-annual-revenue-as-power-equipment-benefits-from-ai-buildout/)

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