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CAT

Caterpillar Inc.

Caterpillar (CAT) Q2 2026 earnings

Published Aug 4, 2026

AI summary

  • Revenue $20.54B, up 24% from $16.57B a year ago.
  • Adjusted EPS $8.17 beat the $6.20 consensus by $1.97, up from $4.72 a year ago.
  • Caterpillar reported record quarterly sales and revenues of $20.5 billion, a 24% increase year-over-year.
  • GAAP profit per share rose to $7.77, while adjusted profit per share reached $8.17 for the second quarter.
  • Growth was driven by higher sales volume across all three primary business segments.

Results vs analyst consensus

Revenue

Reported

$20.54B

Consensus not captured before release

+24% YoY

Adjusted EPS

Reported · Adjusted profit per share

$8.17

Consensus $6.20

Beat by $1.97

GAAP EPS: $7.77

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • Operating profit included $392 million of expected tariff recoveries.
  • Restructuring costs increased primarily due to the divestiture of certain non-U.S. entities.
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Source: Caterpillar Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.