Caterpillar Posts Record Q2 Earnings with 24% Sales Increase
Caterpillar Inc (CAT) released its Q2 2026 earnings results, reporting record sales and revenues of $20.5 billion, a 24% year-over-year increase.
This marks the first time the company surpassed $20 billion in a single quarter. Adjusted profit per share surged 73% to $8.17, driven by higher sales volume and favorable price realization.
The backlog grew to $72 billion, up 92% year-over-year, with all segments contributing and orders extending into 2030.