Caterpillar Q2 sales jump 24% to $20.5B, net income up 65% on tariff recoveries

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Total sales and revenues rose 24.0% to $20.5B in Q2 2026, with operating profit up 50% to $4.3B, driven by higher volume and price realization.

  MD&A: Q2 sales and operating profit verify on EDGAR →
• high

  Net income increased 64.9% to $3.59B, and diluted EPS rose 68.2% to $7.77, reflecting strong operating performance and $392M of IEEPA tariff recoveries.

  Key Financials view on EDGAR →
• high

  The company recorded $392M of expected IEEPA tariff recoveries in Q2 2026 after the U.S. Supreme Court ruled the tariffs unauthorized, boosting operating profit.

  MD&A: IEEPA tariff recoveries verify on EDGAR →