Caterpillar Revenue at $20.5 Billion in Q2; Q3 Results Due Thursday
Key Facts
Caterpillar reported revenue of $20.5 billion in the second quarter of 2026, up 24% from $16.6 billion in the year-earlier period, and set October 29 for the release of its third-quarter results. The company said results would be released at 5:30 a.m. Central time, with the quarterly results call scheduled for 7:30 a.m. the same day. Caterpillar’s third-quarter results had therefore not been released as of October 28, contrary to what appeared in the news draft. Second-quarter performance provides context for the figures due, but does not represent third-quarter results. In the market, the company’s shares closed at $713.31 on October 27, according to EL7 data.
Caterpillar attributed most of the year-over-year increase in second-quarter revenue to higher sales volume, which added $3.1 billion, and a positive price impact of $595 million. The company said strong order momentum and a growing backlog reflected broadening momentum across its three main segments. These factors put revenue growth in the context of increases in both volumes and prices, according to the company’s statement. But they are indicators for the second quarter and do not in themselves reveal the third-quarter figures, which were scheduled for release the following day. Company officials are scheduled to discuss the results on the call set for that date.
For stc, the available information does not include official results for the third quarter of 2026; the latest quarterly figures cited here are for the second quarter. The company reported revenue of 20,171 million riyals, up 3.701% year over year, while net profit attributable to shareholders reached 3,623 million riyals, down 5.231% from the year-earlier period. These figures show a divergence between revenue growth and lower profit in that quarter. stc attributed revenue growth mainly to higher revenue from its business units, carriers, wholesale operations and subsidiaries. Its shares also closed at 41.48 riyals on October 28, according to EL7 data.
For the first half of 2026, stc revenue reached about 40,110 million riyals, compared with 38,660 million riyals in the first half of 2025, an increase of 3.8%. Earnings before interest, taxes, depreciation and amortization rose to 12,968 million riyals, up 5.5% year over year. The margin on this measure also increased to 32.3% from 31.8% in the year-earlier period. The six-month results provide a broader picture of revenue growth and an improved margin ahead of the third-quarter figures. These indicators alone do not confirm details of stc’s performance in that quarter.
In the Saudi economic context, second-quarter data showed gross domestic product contracting 4.7% year over year, after growing 3.0% in the previous quarter. The revised second-quarter reading was slightly better than the initial estimate, which pointed to a contraction of 4.8%. The Trading Economics calendar lists November 1, 2026, as the release date for the third-quarter year-over-year GDP growth reading. The calendar puts its forecast at -5.8%, against a previous reading of -4.7%; this is the platform’s forecast, not a documented analyst consensus. The next third-quarter reading follows the annual contraction recorded in the second quarter.
Caterpillar’s board kept its quarterly cash dividend at $1.63 per share on October 14. The dividend is payable on November 19 to shareholders of record on October 26. This comes ahead of the scheduled October 29 release of third-quarter results, which also includes the company’s call to discuss the results. Separately, November 1, the date set for Saudi GDP data, remains the next event listed on the economic calendar. The available information here provides no date or official figures for stc’s third-quarter results.