CAT · 8-K · 20261029PR000052

Operating Income and Margins

CATERPILLAR INC · 2026-10-29 · Importance 58 · Surprise 56 · In source text

Third-quarter 2026 consolidated operating profit increased 38% to $4.214 billion from $3.052 billion, primarily because of the profit contribution from higher sales volume. Operating margin rose to 20.4% from 17.3%; adjusted operating margin, excluding restructuring costs, was 20.6% versus 17.5%. Diluted profit per share increased to $7.13 from $4.88, and adjusted profit per share rose to $7.20 from $4.95. Power & Energy operating profit grew 31% to $2.143 billion, Construction Industries grew 33% to $1.831 billion, and Resource Industries grew 14% to $622 million.

Key facts

• Caterpillar's third-quarter 2026 consolidated operating profit was $4.214 billion, up $1.162 billion, or 38%, from $3.052 billion in the third quarter of 2025. source
• Caterpillar's third-quarter 2026 diluted profit per share was $7.13, compared with $4.88 in the third quarter of 2025; adjusted profit per share was $7.20, compared with $4.95. source
• Caterpillar's third-quarter 2026 operating profit margin was 20.4%, compared with 17.3% in the third quarter of 2025; adjusted operating profit margin was 20.6%, compared with 17.5%. source

Impact estimates