CAT earnings
Analysis, not adviceThis print
4 Aug 2026reported — not yet graded
cons 6.22 EPS / 19.34B rev
Next scheduled print 4 Nov 2026. Nothing on this page is about that print yet.
What the desk tested
Explicit conditions that would change the desk’s view — grading follows the transcript.
Bull condition triggered: Operating margin re-expands toward 19–20% range on Q2 print AND management raises or tightens full-year guidance above current consensus AND dealer inventory commentary confi…
Bull condition triggered: Services/recurring revenue disclosed at a meaningfully faster growth rate than equipment (e.g., 15%+ vs. flat equipment volumes) — this would begin to reframe CAT's Lynch cat…
＋3 more criteria on the deskfree trial · no cardFrom the desk's pre-read · 4 Aug 2026
CAT is scheduled to print Q2 2026 results on 2026-08-04; consensus stands at EPS $6.22 · Revenue $19.34B.
＋1 more — the full pre-read is on the deskfree trial · no cardThe desk's graded verdict
The 4 Aug 2026 print is not graded yet. It lands here once the desk has published against the transcript.
Educational analysis, not a personalised recommendation. See all covered names on the earnings calendar · part of our public track record.