Caterpillar Q2 sales rise 24% to $20.5 billion; diluted EPS $7.77 vs $4.62 a year earlier
Caterpillar reported second-quarter 2026 sales and revenues of $20.5 billion, up 24% from $16.6 billion a year earlier, with diluted profit per share of $7.77 compared with $4.62. The company also furnished retail sales statistics for machines and power systems, and it deployed $2.2 billion for share repurchases and dividends in the quarter.
Key points
- Sales and revenues rose $3.974 billion, or 24%, to $20.543 billion, driven mainly by $3.1 billion of higher sales volume and $595 million of favorable price realization.
- Operating profit was $4.295 billion, up 50%, and operating profit margin was 20.9% versus 17.3%; the quarter included $392 million of expected IEEPA tariff recoveries.
- Adjusted profit per share was $8.17 versus $4.72, excluding restructuring costs; GAAP costs included $139 million of losses from divesting certain non-U.S. entities.
- Enterprise operating cash flow was $4.4 billion, and the company ended the quarter with $6.7 billion of enterprise cash.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.