Caterpillar Lifts Outlook After Generating More Than $20B in Sales, Revenues -- Market Talk

1109 GMT - Caterpillar posts total sales and revenues of $20.54 billion in the second quarter. The equipment maker's top line grew 24% from last year and came in ahead of Wall Street models. "This is the first time in company history that we have generated over $20 billion in sales and revenues in a single quarter," CEO Joe Creed says. "Strong order rates and a growing backlog reflect broadening momentum across all three of our primary segments." Looking ahead, Caterpillar says it now expects mid-to-high teens growth in sales and revenues this year. That compares with a prior outlook for low double-digit sales and revenue growth. Shares gain 7.2% premarket. (connor.hart@wsj.com)

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August 04, 2026 07:09 ET (11:09 GMT)