CAT · 10-Q · 2026Q2 · Full report
Order Backlog and Book-to-Bill
CATERPILLAR INC · 2026-08-05 · Importance 66 · Surprise 40 · Matches filing data
Caterpillar’s firm order backlog reached approximately $72.1 billion at the end of the second quarter of 2026, increasing about $9.4 billion sequentially from the first quarter. Backlog increased across Machinery, Power & Energy, Resource Industries and Construction Industries, with the largest increase in Power & Energy. Approximately $29.2 billion of the backlog was not expected to be filled during the following twelve months, indicating substantial demand extending beyond the near term.
Key facts
- At the end of the second quarter of 2026, the dollar amount of backlog believed to be firm was approximately $72.1 billion, about $9.4 billion higher than the first quarter of 2026. source
- Of the total backlog at June 30, 2026, approximately $29.2 billion was not expected to be filled in the following twelve months. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | probable | -71.1% | Of the total backlog at June 30, 2026, approximately $29.2 billion was not expected to be filled in the following twelve months. |
| assets | positive | realized | +9.2% | At the end of the second quarter of 2026, the dollar amount of backlog believed to be firm was approximately $72.1 billion, about $9.4… |