Caterpillar stock jumped 10% in premarket trading on Tuesday following second quarter sales and revenues increased 24% to $20.5 billion.
Caterpillar CEO Joe Creed told investors, “This is the first time in company history that we have generated over $20 billion in sales and revenues in a single quarter. 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. Strong order rates and a growing backlog reflect broadening momentum across all three of our primary segments.”
Caterpillar Q2 Highlights included:
- Sales and revenues for the second quarter of 2026 were $20.5 billion, a 24% increase compared with $16.6 billion
- Operating profit margin was 20.9% for the second quarter of 2026, compared with 17.3% for the second quarter of
- 2025.
- Adjusted operating profit margin was 21.9% for the second quarter of 2026, compared with 17.6% for the second quarter of 2025.
- Second-quarter 2026 profit per share was $7.77, compared with second-quarter 2025 profit per share of $4.62.
- Adjusted profit per share in the second quarter of 2026 was $8.17, compared with second- quarter 2025 adjusted profit per share of $4.72.
In North America, sales increased primarily due to higher sales volume and favorable price realization.
Caterpillar stock is up 38% year to date.
By CEO NA Editorial Staff
