Full-year outlook calls for mid-to-high teens sales & revenues growth, tariff costs around USD 2.2 billion excluding IEEPA recoveries, MP&E free cash flow in the top half of the target range.
Caterpillar reports higher second-quarter profit and revenue
Caterpillar posted 2Q 2026 profit per share of USD 7.77, up 68% from 2Q 2025; adjusted profit per share rose 73% to USD 8.17.
Sales & revenues climbed 24% to USD 20.5 billion, the first quarter above USD 20 billion; operating profit jumped 50% to USD 4.3 billion.
Operating profit margin widened 3.6 percentage points to 20.9%; adjusted operating profit margin rose 4.3 percentage points to 21.9%.
Order backlog rose 92% year over year to USD 72.1 billion; MP&E free cash flow more than doubled to USD 5.1 billion.
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