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Caterpillar Raises 2026 Sales Guidance Amid Record Backlog
Caterpillar has raised its full-year 2026 sales guidance to mid-to-high teens growth, backed by robust demand and a record backlog across all three primary segments.
The company's strong second-quarter results saw revenue rise to $20.54 billion and net income to $3.59 billion, with the upgraded outlook underpinned by data center and infrastructure demand.
The record backlog of $72 billion supports management's decision to lift full-year 2026 sales guidance, while also highlighting potential risks from shifting tariff regimes and pricing uncertainties.