CAT Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), CAT reported revenue of $20.5B, gross profit of $7.8B (37.8% gross margin), operating income of $4.3B, and net income of $3.6B (17.5% net margin). The flow of revenue into costs and profit is visualized below.

What changed

CAT was profitable; revenue grew 16.5% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+16.5%+359200.0%+17.5 pp

Consensus estimate data is not available for this report.

CAT Q2 2026 Income Statement

CAT Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$20.5B100%
Cost of Revenue−$12.8B62.2%
Gross Profit$7.8B37.8%
Research & Development−$616M3.0%
Selling, General & Administrative−$2.0B9.8%
Other Operating Expenses−$833M4.1%
Operating Income$4.3B20.9%
Interest Expense−$497M2.4%
Other Income, net$398M1.9%
Income Tax Expense−$1.1B5.1%
Net Income$3.6B17.5%

Source: CAT filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.