CLAIM #13588 · CAT (CAT) · 2025Q1 earnings call · Apr 30, 2025 · due Dec 31, 2025
“I would say in this year, we're pretty full on large engines related to the data center standpoint.”
Joe Creed · COO/Incoming CEO
How to check this claim
Look at: Large engine capacity utilization for data center/power generation applications, current fiscal year
It came true if: Management commentary indicates large engine capacity remains fully booked/sold out for data center applications through year-end 2025
Where: management commentary on subsequent earnings calls (Q2-Q4 2025)
In context
“us. So we continue to lean in with our dealer network to have a great rental offering for our customers as we move forward. So I don't have anything really different to report on that front. Operator: We'll move next to Stephen Volkmann at Jefferies. Stephen Volkmann: Thank you, guys and my congrats to everyone as well. I wanted to drill down into E&T and power gen specifically. There's been some concerns around sort of what the adoption curve for various data centers, et cetera, is going to be. It sounds like you haven't seen any real change there. But I'm curious if you can comment on that. And then also on the capacity side, are you basically kind of sold out at this point or is there still a little bit more upside in terms of what you can get through the channel? Thank you. Joe Creed: I would say in this year, we're pretty full on large engines related to the data center standpoint. As I mentioned, well servicing is down a little bit, so we could maybe get a little more power generation orders out because those engine platforms can move between products. We're focused on getting the capacity in. We have direct relationships with all the hyperscalers and other data center -- large data center customers. So we're in constant communication with them. And we're confident in the outlook that we have in front and the need for this capacity. Our goal is to get as much product out to them support their schedules as we can. There's been a lot of some articles going around, but we move schedules around for customers all the time. Aside from doing things like that that we would normally do, we're not seeing any weakness in our plans there. Jim Umpleby: And maybe just to add in”
Verify independently
SEC filings for CAT ↗ · Claim quote is verbatim from the 2025Q1 earnings call.