# Caterpillar CAT-N reported a higher first-quarter profit on Thursday, led by strong demand for its power generation and construction equipment.

*genai · news · 2026-04-30 · The Globe and Mail*

## Key points

- Caterpillar reported a first-quarter adjusted per-share profit of $5.54, up from $4.25 last year.
- Caterpillar's power and energy segment revenue rose 22 percent, driven by data center clients' demand.
- Caterpillar’s construction segment revenue jumped 38 percent, aided by high sales volume and better pricing.
- Demand from AI-fueled data centers has become a significant revenue driver for Caterpillar’s power segment.
- Higher manufacturing costs, partly due to tariffs, offset some construction equipment segment gains.

**Companies:** Caterpillar

[Read the full story on The Globe and Mail](https://www.theglobeandmail.com/business/international-business/us-business/article-caterpillar-results-earnings-construction-power-equipment-sales/)

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