CATERPILLAR INC (CAT) Earnings History

8 quarters held7/7 transcripts analyzed3/40 figures attested
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Q2 2026$20.5B+24.0%
LATESTEarnings filing (8-K)10-QFiled Aug 4, 2026, 6:31 AM ET
Q2 FY26YoY
Revenue$20.5B+24.0%
Net income$3.6B+64.9%
Op income$4.3B+50.2%
EPS (dil.)$7.771+68.2%
EPS (basic)$7.80+68.1%
Op margin20.9%+3.6pp
Net margin17.5%+4.3pp
  1. [1]Profit per common share — diluted 2 $ 7.77 view source

Guidance & outlook

Call guidance

Q2 2026
MetricValuePeriodSpecificityvs Prior
sales_and_revenuesmid to high teens growthFY2026directional
sales_and_revenuesmid to high teens growthFY2026directional
adjusted_operating_profit_marginhigher than we expectedFY2026directionalNew
adjusted_operating_profit_marginhigher than we expectedFY2026directionalNew
free_cash_flowtop half of our annual target rangeFY2026directionalNew
free_cash_flowtop half of our annual target rangeFY2026directionalNew
tariff_costsaround $2.2 billionFY2026pointNew
sales_and_revenuesstrong sales growthQ3 2026directionalNew
adjusted_operating_profit_marginhigherQ3 2026directionalNew
tariff_costsaround $600 millionQ3 2026pointNew
sales_and_revenuesmid to high teens growthFY2026directional
adjusted_operating_profit_marginnear the bottom of the target rangeFY2026directionalNew
free_cash_flowtop half of our annual target rangeFY2026directionalNew
tariff_costsaround $2.2 billionFY2026pointNew
restructuring_costs$300 to $350 millionFY2026tight_rangeNew
tax_rateapproximately 23%FY2026pointNew
sales_and_revenuesmid to high teen sales and revenues growthFY2026directional
adjusted_operating_profit_marginbetter than we had previously expectedFY2026directionalNew
free_cash_flowbetter than we had previously expectedFY2026directionalNew
capital_expenditureapproximately $3.5 billionFY2026pointNew

Special items & operational metrics

Operational metrics

Q2 2026
Write Offs Net Recoveries Cat Financial Millions
20
+11.1% YoY
Prior year: 18
millions
Past Dues Cat Financial Pct
1.3
Prior year: 1.6
%
Allowance For Credit Losses Cat Financial Millions
294
millions
Q1 2026$17.4B+22.2%
Earnings filing (8-K)10-QFiled Apr 30, 2026, 6:31 AM ET
Q1 FY26YoY
Revenue$17.4B1+22.2%
Net income$2.5B+27.3%
Op income$3.1B+19.6%
EPS (dil.)$5.47+30.2%
EPS (basic)$5.50+30.3%
Op margin17.7%-0.4pp
Net margin14.6%+0.6pp
  1. [1]Total sales and revenues 17,415 view source
Q4 2025
10-KFiled Jan 29, 2026, 6:31 AM ET
Q4 FY25YoY
Revenue
Net income
Op income
EPS (dil.)
EPS (basic)
Q3 2025$17.6B+9.5%
Earnings filing (8-K)10-QFiled Oct 29, 2025, 6:32 AM ET
Q3 FY25YoY9M FY25
Revenue$17.6B+9.5%$48.5B
Net income$2.3B-6.7%$6.5B
Op income$3.1B-3.0%$8.5B
EPS (dil.)$4.88-3.6%$13.69
EPS (basic)$4.91-3.5%$13.76
Op margin17.3%-2.2pp
Net margin13.0%-2.3pp
Q2 2025$16.6B-0.7%
Earnings filing (8-K)10-QFiled Aug 5, 2025, 6:32 AM ET
Q2 FY25YoY
Revenue$16.6B-0.7%
Net income$2.2B-18.7%
Op income$2.9B-17.9%
EPS (dil.)$4.62-15.7%
EPS (basic)$4.64-15.6%
Op margin17.3%-3.6pp
Net margin13.1%-3.0pp
Q1 2025$14.2B-10.0%
Earnings filing (8-K)10-QFiled Apr 30, 2025, 6:31 AM ET
Q1 FY25YoY
Revenue$14.2B-10.0%
Net income$2.0B-30.0%
Op income$2.6B-26.7%
EPS (dil.)$4.20-27.0%
EPS (basic)$4.22-27.0%
Op margin18.1%-4.2pp
Net margin14.1%-4.0pp
Q4 2024$16.2B-5.0%
Earnings filing (8-K)10-KFiled Jan 30, 2025, 6:32 AM ET
Q4 FY24YoYFY24
Revenue$16.2B-5.0%$64.8B
Net income$2.8B+4.3%$10.8B
Op income$2.9B-6.7%$13.1B
EPS (dil.)$5.78+9.5%$22.05
EPS (basic)$5.81+9.4%$22.17
Op margin18.0%-0.4pp
Net margin17.2%+1.5pp
Q3 2024$16.1B-4.2%
Earnings filing (8-K)10-QFiled Oct 30, 2024, 6:33 AM ET
Q3 FY24YoY
Revenue$16.1B-4.2%
Net income$2.5B-11.8%
Op income$3.1B-8.8%
EPS (dil.)$5.061-7.2%
EPS (basic)
Op margin19.5%-1.0pp
Net margin15.3%-1.3pp
  1. [1]Profit per common share — diluted 2 $ 5.06 view source

Filing coverage

61 filings indexed · 160,869 XBRL facts
FilingDatePeriodSectionsTables
10-Q2026-08-0546166
8-K2026-08-04Q2 2026120
8-K2026-06-1110
10-Q2026-05-0644125
8-K2026-04-30Q1 2026110
DEF 14A2026-04-30240
8-K2026-04-1310
8-K2026-04-1010
8-K2026-03-2610
10-K2026-02-1360133

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