Caterpillar Surpasses $20 Billion in Quarterly Sales and Revenues
Caterpillar Inc., the heavy machinery manufacturer, reported its second-quarter 2026 results on August 4, exceeding $20 billion in sales and revenues for the first time in company history. The Irving, Texas-based company achieved a 24% increase from the same period last year, with sales volume rising by $3.1 billion and favorable price realization adding $595 million to the top line.
The company's profit per share was $7.77, while adjusted profit per share reached $8.17. Caterpillar deployed $2.2 billion of cash for share repurchases and dividends in the second quarter, with enterprise operating cash flow standing at $4.4 billion. The company ended the period with $6.7 billion of enterprise cash.
Caterpillar Chairman and CEO Joe Creed said, 'This milestone underscores both the essential work our customers do every day and the dedication of Caterpillar employees worldwide to solving our customers' toughest challenges.'