CAT · 10-Q · 2026Q3 · Full report

Power Generation and Data Centers

CATERPILLAR INC · 2026-11-04 · Importance 38 · Surprise 24

Power Generation demand remains strong in 2026, and Caterpillar expects growth in reciprocating engines, turbines and turbine-related services. Data-center construction for cloud computing and generative AI is a key demand driver, with third-quarter sales increases in turbines, turbine-related services and large reciprocating engines primarily in data-center applications. Prime-power demand is also trending higher for both turbines and reciprocating engines.

Key facts