CAT · 8-K · 20260804PR000040
Revenue Performance and Mix
CATERPILLAR INC · 2026-08-04 · Importance 59 · Surprise 48 · No source text
Second-quarter 2026 sales and revenues increased 24% year over year to $20.543 billion from $16.569 billion, driven by $3.1 billion of higher sales volume and $595 million of favorable price realization. Machinery, Power & Energy sales rose 25% to $19.581 billion, while Financial Products revenues increased 7% to $962 million. Construction Industries grew 35% to $8.346 billion, Resource Industries increased 20% to $4.648 billion, and Power & Energy rose 17% to $8.238 billion. Construction Industries was the largest growth contributor, with sales increasing $2.156 billion, including a $1.755 billion volume benefit and $309 million of price realization.
Key facts
- The increase in second-quarter 2026 sales and revenues was primarily due to higher sales volume of $3.1 billion and favorable price realization of $595 million. source
- Second-quarter 2026 sales and revenues: $20.5 billion, a 24% increase compared with $16.6 billion in the second quarter of 2025. source
- Second-quarter 2026 consolidated sales and revenues: $20.543 billion, an increase of $3.974 billion, or 24%, compared with $16.569 billion in the second quarter of 2025. source
- Power & Energy total sales in second quarter 2026: $8,238 million, an increase of $1,201 million, or 17%, compared with $7,037 million in second quarter 2025. source
- Second-quarter 2026 adjusted profit per share: $8.17, compared with second-quarter 2025 adjusted profit per share of $4.72. source
- Total sales of Machinery, Power & Energy for the three months ended June 30, 2026: $19,581 million versus $15,674 million for the three months ended June 30, 2025. source
- Total sales and revenues for the six months ended June 30, 2026: $37,958 million, compared with $30,818 million for the six months ended June 30, 2025. source
- Second-quarter 2026 profit per share: $7.77, compared with second-quarter 2025 profit per share of $4.62. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +34.8% | Total sales and revenues for the six months ended June 30, 2026: $37,958 million, compared with $30,818 million for the six months ended… |
| revenue | positive | realized | +19.3% | Second-quarter 2026 consolidated sales and revenues: $20.543 billion, an increase of $3.974 billion, or 24%, compared with $16.569 billion… |
| revenue | positive | realized | +19.0% | Total sales of Machinery, Power & Energy for the three months ended June 30, 2026: $19,581 million versus $15,674 million for the three… |
| revenue | positive | realized | +15.1% | The increase in second-quarter 2026 sales and revenues was primarily due to higher sales volume of $3.1 billion and favorable price… |
| revenue | positive | realized | +5.8% | Power & Energy total sales in second quarter 2026: $8,238 million, an increase of $1,201 million, or 17%, compared with $7,037 million in… |
| revenue | positive | realized | +2.9% | The increase in second-quarter 2026 sales and revenues was primarily due to higher sales volume of $3.1 billion and favorable price… |
| net_income | positive | realized | — | Second-quarter 2026 adjusted profit per share: $8.17, compared with second-quarter 2025 adjusted profit per share of $4.72. |