CAT · 10-Q · 2026Q2 · Full report
Revenue Performance and Mix
CATERPILLAR INC · 2026-08-05 · Importance 59 · Surprise 48 · In 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. Six-month sales and revenues increased 23% to $37.958 billion from $30.818 billion, including $5.4 billion of volume growth and $1.0 billion of favorable price realization. Second-quarter segment sales increased 35% in Construction Industries to $8.346 billion, 17% in Power & Energy to $8.238 billion, and 20% in Resource Industries to $4.648 billion. Financial Products revenues rose 10% in the second quarter to $1.145 billion and 9% for the six months to $2.241 billion, primarily from higher average earning assets.
Key facts
- Construction Industries total sales in Q2 2026: $8.346 billion, an increase of $2.156 billion, or 35%, compared with $6.190 billion in Q2 2025. source
- Total sales and revenues for the six months ended June 30, 2026: $37.958 billion, an increase of $7.140 billion, or 23%, compared with $30.818 billion for the six months ended June 30, 2025. source
- Resource Industries total sales in Q2 2026: $4.648 billion, an increase of $762 million, or 20%, compared with $3.886 billion in Q2 2025. source
- Total sales and revenues for the second quarter of 2026: $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 Q2 2026: $8.238 billion, an increase of $1.201 billion, or 17%, compared with $7.037 billion in Q2 2025. source
- Financial Products segment revenues in Q2 2026: $1.145 billion, an increase of $103 million, or 10%, compared with $1.042 billion in Q2 2025. 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 billion, an increase of $7.140 billion, or 23%, compared with… |
| revenue | positive | realized | +19.3% | Total sales and revenues for the second quarter of 2026: $20.543 billion, an increase of $3.974 billion, or 24%, compared with $16.569… |
| revenue | positive | realized | +10.5% | Construction Industries total sales in Q2 2026: $8.346 billion, an increase of $2.156 billion, or 35%, compared with $6.190 billion in Q2… |
| revenue | positive | realized | +5.8% | Power & Energy total sales in Q2 2026: $8.238 billion, an increase of $1.201 billion, or 17%, compared with $7.037 billion in Q2 2025. |
| revenue | positive | realized | +3.7% | Resource Industries total sales in Q2 2026: $4.648 billion, an increase of $762 million, or 20%, compared with $3.886 billion in Q2 2025. |
| revenue | positive | realized | +0.5% | Financial Products segment revenues in Q2 2026: $1.145 billion, an increase of $103 million, or 10%, compared with $1.042 billion in Q2… |