{"slug": "caterpillar-stock-pops-9-on-record-quarterly-revenue", "title": "Caterpillar stock pops 9% on record quarterly revenue", "summary": "Caterpillar Inc. stock jumped 10% in premarket trading Tuesday after the heavy equipment maker reported record second-quarter sales and revenues of $20.5 billion, up 24% year over year, and a backlog of $72.1 billion, up 92% from the same time last year. CEO Joe Creed said it was the first time in company history that quarterly sales exceeded $20 billion. The company has benefited from AI-driven demand for power infrastructure for data centers.", "body_md": "**What happened: **Caterpillar ([CAT](https://finance.yahoo.com/quote/CAT/)) stock jumped 10% in premarket trading on Tuesday.\n\n**What's behind the move:** The heavy equipment maker reported second quarter sales and revenues increased 24% to $20.5 billion.\n\n\"This is the first time in company history that we have generated over $20 billion in sales and revenues in a single quarter,\" Caterpillar CEO Joe Creed said.\n\nThe results were powered by strong order rates and a growing backlog across all three of the company's primary segments.\n\nCaterpillar's backlog rose to $72.1 billion, up 92% from the same time last year.\n\n**What else you need to know: **Caterpillar has become a winner of the AI trade by providing the massive power infrastructure required to keep data centers running.\n\nOperating profit margin was 20.9% for the second quarter of 2026, compared with 17.3% for the second quarter of 2025.\n\nThe stock is up 38% year to date, helping buoy the Dow Jones Industrial Average ([DJ](https://finance.yahoo.com/quote/%5EDJI/)I) to record highs.\n\n*Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at **@ines_ferre**.*\n\n**Click here for an in-depth analysis of the latest stock market news and events moving stock prices**\n\n**Read the latest financial and business news from Yahoo Finance**", "url": "https://wpnews.pro/news/caterpillar-stock-pops-9-on-record-quarterly-revenue", "canonical_source": "https://ca.finance.yahoo.com/news/caterpillar-stock-pops-9-on-record-quarterly-revenue-120556209.html", "published_at": "2026-08-04 12:05:56+00:00", "updated_at": "2026-08-04 12:25:01.439377+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["Caterpillar Inc.", "Joe Creed", "Yahoo Finance", "Ines Ferre", "Dow Jones Industrial Average"], "alternates": {"html": "https://wpnews.pro/news/caterpillar-stock-pops-9-on-record-quarterly-revenue", "markdown": "https://wpnews.pro/news/caterpillar-stock-pops-9-on-record-quarterly-revenue.md", "text": "https://wpnews.pro/news/caterpillar-stock-pops-9-on-record-quarterly-revenue.txt", "jsonld": "https://wpnews.pro/news/caterpillar-stock-pops-9-on-record-quarterly-revenue.jsonld"}}