Money League
← All earnings
CAT · Q2 FY2026 (Apr-Jun 2026)

Caterpillar Q2 FY2026
Out of every $100 in sales, $21 was operating profit

Next earnings: Thu, Oct 29, before the open (expected)
Revenue
$20.5B
+24% vs. a year ago
Operating income
$4.3B
+50% vs. a year ago
Net income
$3.6B
+65% vs. a year ago
Operating margin
21%
17% → 21%

Where every $100 of sales went

Per $100 of sales
Revenue
$100
$20.5B
−Cost of revenue
−$62
$12.8B
Gross profit
$38
$7.8B
−R&D
−$3
$0.6B
−SG&A
−$9.8
$2.0B
−Other
−$4.1
$0.8B
Operating income
$21
$4.3B
−Taxes & non-operating items
−$3.4
$0.7B
Net income
$17
$3.6B

Last 8 quarters: revenue and operating income

20%FY24 Q318%FY24 Q418%FY25 Q117%FY25 Q217%FY25 Q314%FY25 Q418%FY26 Q121%FY26 Q2

Quarter by quarter

QuarterRevenueOperating incomeOperating marginNet income
Q2 FY2026 (Apr-Jun 2026)$20.5B$4.3B20.9%$3.6B
Q1 FY2026 (Jan-Mar 2026)$17.4B$3.1B17.7%$2.5B
Q4 FY2025 (Oct-Dec 2025)$19.1B$2.7B13.9%$2.4B
Q3 FY2025 (Jul-Sep 2025)$17.6B$3.1B17.3%$2.3B
Q2 FY2025 (Apr-Jun 2025)$16.6B$2.9B17.3%$2.2B
Q1 FY2025 (Jan-Mar 2025)$14.2B$2.6B18.1%$2.0B
Q4 FY2024 (Oct-Dec 2024)$16.2B$2.9B18.0%$2.8B
Q3 FY2024 (Jul-Sep 2024)$16.1B$3.1B19.5%$2.5B

XBRL figures from the company's 10-Q and 10-K filings with the SEC. The fourth quarter is the full year minus the first three. Where gross profit isn't reported, it is revenue minus cost of revenue. For information only, not investment advice.

Get Before the Bell in your inbox

Get this chart in your inbox when new earnings land

By subscribing you agree to get one email each weekday morning. Unsubscribe anytime from any email.