The financials
Caterpillar Inc. by the numbers
Caterpillar Inc. (CAT) reported revenue of $20.5B in Q2 2026 (quarter ended June 30, 2026), up 24% from the same quarter a year earlier. That came with a gross margin of 38% and net income of $3.59B (17% of revenue). For the full year FY2025, revenue was $67.6B (+4.3% year on year) and net income $8.88B. Its largest segment in 2026-Q2 was Reportable Segment Aggregation Before Other Operating at $12.2B, 60% of the disclosed total, just ahead of Construction Industries at 25%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $20.5B | $16.6B | +24% |
| Gross profit | $7.76B | $5.76B | +35% |
| Operating income | $4.29B | $2.86B | +50% |
| Net income | $3.59B | $2.18B | +65% |
| Diluted EPS | $7.77 | $4.62 | +68% |
| Operating | Revenue | Share |
|---|---|---|
| Reportable Segment Aggregation Before Other Operating | $12.2B | 60% |
| Construction Industries | $5.07B | 25% |
| Resource Industries | $2.23B | 11% |
| Financial Products | $765M | 3.8% |
| All Other | $9.0M | 0.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $20.31B (+18%)
Construction Industries grew +50% year on yearFinancial Products +8.8% year on year
Segment Latestquarter on quarteryear on year
- Reportable Segment Aggregation Before Other Operating$12.24B$12.24BQoQ +18%year on year +37%+18%+37%
- Construction Industries$5.07B$5.07BQoQ +18%year on year +50%+18%+50%
- Resource Industries$2.23B$2.23BQoQ +21%year on year +34%+21%+34%
- Financial Products$765.0M$765.0MQoQ +3.2%year on year +8.8%+3.2%+8.8%
- All Other$9.0M$9.0MQoQ +29%year on year +50%+29%+50%
- Energy and Transportation--QoQ -year on year ---
Farm & Heavy Construction Machinery
Ranks #1 of 12 by Smart Score