Caterpillar Q2 Revenue Hits $20.5B, Tops $20 Billion for First Time — Stock Jumps 6.33%

Caterpillar reported second-quarter 2026 revenue of $20.5 billion, marking the first time in company history that quarterly revenue has surpassed $20 billion, according to an SEC Form 8-K filing.

📊 Price at Time of Writing (August 5, 2026, 03:10 AM KST)
$882.54 ▲ +6.33%

Q2 Results at a Glance

Caterpillar CEO Joe Creed said, "This is the first time in company history that quarterly revenue has exceeded $20 billion," adding that "we're seeing broadening growth momentum across all three of our core segments — Construction Industries, Resource Industries, and Power & Energy." The revenue increase reflected both higher equipment sales volumes and higher selling prices.

Operating income came in at $4.3 billion, up 50% from $2.86 billion in the same period last year. The operating margin (operating income as a share of revenue) rose to 20.9% from 17.3% a year earlier. Second-quarter operating cash flow was $4.4 billion, and cash on hand at quarter-end stood at $6.7 billion. Caterpillar spent a total of $2.2 billion in cash during the quarter, including $1.5 billion on share buybacks and $700 million on dividends.

• Revenue: $20.5 billion, up 24% year-over-year
• Earnings per share (EPS): $7.77; adjusted EPS of $8.17 (versus $4.62 and $4.72, respectively, a year earlier) — beat market expectations according to media reports; the filing did not disclose specific consensus estimates
• Operating income: $4.3 billion; operating margin of 20.9% (versus 17.3% a year earlier)

Market Reaction

Caterpillar shares surged after the earnings release. As of 3:10 AM KST on August 5, 2026 — per InteliView pricing — the stock traded at $882.54, up 6.33% from the previous close. Barron's reported that the results came in well above market expectations and highlighted growth in the Power & Energy segment. The Wall Street Journal reported that expanding AI data center construction continues to drive demand for construction equipment. CNBC reported that Caterpillar raised its 2026 revenue growth outlook, citing strong data center demand, though specific revised targets were not disclosed.

Segment Breakdown

• Power & Energy: $8.238 billion, up 17% year-over-year
• Construction Industries: $8.346 billion, up 35% year-over-year
• Resource Industries: $4.648 billion, up 20% year-over-year

This article was automatically generated based on the original SEC Form 8-K filing and media reports, with the goal of delivering key data quickly after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time of writing and may differ from current levels.