Cat’s revenue surpasses $20bn in a single quarter for the first time

Neil Gerrard Senior Editor, Construction Briefing

05 August 2026

Cat has debuted the compact radius 319 excavator at ConExpo 2026 (Image: Cat) Cat's compact radius 319 excavator debuted at ConExpo 2026 (Image: Cat)

Caterpillar’s revenue has surpassed the $20 billion mark for the first time in a single quarter in Q2 2026.

The company reported a 24% year-on-year increase in revenue in its latest quarter, hitting $20.5 billion compared to $16.6 billion in Q2 2025.

The company said the performance was due primarily to higher sales volume of $3.1 billion and favourable price realisation of $595 million.

Operating profit margin was 20.9%…

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