Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
881.65
+25.08 (2.93%)
At close: Aug 17, 2026, 4:00 PM EDT
883.88
+2.23 (0.25%)
After-hours: Aug 17, 2026, 6:35 PM EDT
Caterpillar Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Revenue | 19,581 | 16,473 | 18,202 | 16,726 | 15,674 | 13,378 | 15,332 | 15,231 | 15,840 | 14,960 | 16,237 | 15,988 | 16,545 | 15,099 | 15,871 | 14,278 | 13,539 | 12,886 | 13,097 | 11,707 |
Other Revenue | 962 | 942 | 931 | 912 | 895 | 871 | 883 | 875 | 849 | 839 | 833 | 822 | 773 | 763 | 726 | 716 | 708 | 703 | 701 | 690 |
| 20,543 | 17,415 | 19,133 | 17,638 | 16,569 | 14,249 | 16,215 | 16,106 | 16,689 | 15,799 | 17,070 | 16,810 | 17,318 | 15,862 | 16,597 | 14,994 | 14,247 | 13,589 | 13,798 | 12,397 | |
Revenue Growth (YoY) | 23.98% | 22.22% | 18.00% | 9.51% | -0.72% | -9.81% | -5.01% | -4.19% | -3.63% | -0.40% | 2.85% | 12.11% | 21.55% | 16.73% | 20.29% | 20.95% | 10.54% | 14.32% | 22.81% | 25.46% |
Cost of Revenue | 12,781 | 11,306 | 13,307 | 11,673 | 10,807 | 8,965 | 10,321 | 10,066 | 10,150 | 9,662 | 11,016 | 10,583 | 11,065 | 10,103 | 11,614 | 10,202 | 9,975 | 9,559 | 10,003 | 8,617 |
Gross Profit | 6,908 | 5,230 | 4,968 | 5,098 | 4,941 | 4,455 | 4,985 | 5,211 | 5,493 | 5,399 | 5,257 | 5,419 | 5,537 | 5,062 | 4,285 | 4,163 | 3,664 | 3,453 | 3,236 | 3,168 |
Selling, General & Admin | 1,765 | 1,564 | 1,351 | 1,591 | 1,472 | 1,386 | 1,386 | 1,469 | 1,465 | 1,396 | 1,474 | 1,430 | 1,397 | 1,318 | 614 | 1,198 | 1,192 | 1,106 | 306 | 1,029 |
Research & Development | 616 | 537 | 562 | 555 | 551 | 480 | 519 | 533 | 535 | 520 | 554 | 554 | 528 | 472 | 401 | 476 | 480 | 457 | 439 | 427 |
Other Operating Expenses | -30 | -37 | -11 | -178 | -7 | -36 | -31 | 3 | -252 | -18 | -71 | -2 | -22 | -25 | -23 | -12 | -27 | -53 | -35 | -98 |
Operating Expenses | 2,351 | 2,064 | 1,902 | 1,968 | 2,016 | 1,830 | 1,874 | 2,005 | 1,748 | 1,898 | 1,957 | 1,982 | 1,903 | 1,765 | 992 | 1,662 | 1,645 | 1,510 | 710 | 1,358 |
Operating Income | 4,557 | 3,166 | 3,066 | 3,130 | 2,925 | 2,625 | 3,111 | 3,206 | 3,745 | 3,501 | 3,300 | 3,437 | 3,634 | 3,297 | 3,293 | 2,501 | 2,019 | 1,943 | 2,526 | 1,810 |
Interest Expense | -135 | -134 | -127 | -133 | -126 | -116 | -107 | -125 | -137 | -143 | -126 | -129 | -127 | -129 | -117 | -109 | -108 | -109 | -112 | -114 |
Interest & Investment Income | 153 | 104 | 136 | 100 | 81 | 99 | 120 | 108 | 118 | 136 | 170 | 135 | 96 | 93 | 69 | 52 | 25 | 21 | 16 | 20 |
Earnings From Equity Investments | 90 | 7 | 87 | 8 | 7 | 7 | 10 | 7 | 17 | 10 | 11 | 12 | 24 | 16 | -1 | 9 | 4 | 7 | -13 | 21 |
Currency Exchange Gain (Loss) | 14 | 36 | -7 | -18 | -125 | -18 | 135 | -123 | 17 | 42 | -81 | 17 | 40 | -72 | -301 | 134 | 224 | 47 | - | 47 |
Other Non Operating Income (Expenses) | 101 | 77 | 59 | 60 | 45 | -6 | -11 | 37 | 10 | -65 | 9 | 61 | 31 | 54 | 98 | 16 | 6 | 114 | 28 | -12 |
EBT Excluding Unusual Items | 4,780 | 3,256 | 3,214 | 3,147 | 2,807 | 2,591 | 3,258 | 3,110 | 3,770 | 3,481 | 3,283 | 3,533 | 3,698 | 3,259 | 3,041 | 2,603 | 2,170 | 2,023 | 2,445 | 1,772 |
Merger & Restructuring Charges | -173 | -35 | -80 | -32 | -10 | -17 | -14 | -23 | -248 | 44 | -48 | -12 | -12 | -598 | -20 | -36 | -23 | -5 | 61 | -26 |
Impairment of Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -925 | - | - | - | - | - |
Gain (Loss) on Sale of Investments | 41 | -3 | -21 | 20 | 28 | 3 | 9 | 18 | -5 | 17 | 26 | 6 | -10 | -11 | 3 | - | -47 | -12 | 42 | 50 |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | -1 | - | - | - | -1 | - | - | - | 1 | - |
Pretax Income | 4,648 | 3,218 | 3,113 | 3,135 | 2,825 | 2,577 | 3,253 | 3,105 | 3,517 | 3,542 | 3,260 | 3,527 | 3,676 | 2,650 | 2,098 | 2,567 | 2,100 | 2,006 | 2,549 | 1,796 |
Income Tax Expense | 1,055 | 670 | 712 | 836 | 646 | 574 | 463 | 642 | 836 | 688 | 587 | 734 | 752 | 708 | 644 | 527 | 427 | 469 | 429 | 368 |
Earnings From Continuing Operations | 3,593 | 2,548 | 2,401 | 2,299 | 2,179 | 2,003 | 2,790 | 2,463 | 2,681 | 2,854 | 2,673 | 2,793 | 2,924 | 1,942 | 1,454 | 2,040 | 1,673 | 1,537 | 2,120 | 1,428 |
Minority Interest in Earnings | - | 1 | 1 | 1 | - | - | 1 | 1 | - | 2 | 3 | 1 | -2 | 1 | - | 1 | - | - | - | -2 |
Net Income | 3,593 | 2,549 | 2,402 | 2,300 | 2,179 | 2,003 | 2,791 | 2,464 | 2,681 | 2,856 | 2,676 | 2,794 | 2,922 | 1,943 | 1,454 | 2,041 | 1,673 | 1,537 | 2,120 | 1,426 |
Net Income to Common | 3,593 | 2,549 | 2,402 | 2,300 | 2,179 | 2,003 | 2,791 | 2,464 | 2,681 | 2,856 | 2,676 | 2,794 | 2,922 | 1,943 | 1,454 | 2,041 | 1,673 | 1,537 | 2,120 | 1,426 |
Net Income Growth (YoY) | 64.89% | 27.26% | -13.94% | -6.66% | -18.72% | -29.87% | 4.30% | -11.81% | -8.25% | 46.99% | 84.04% | 36.89% | 74.66% | 26.41% | -31.41% | 43.13% | 18.40% | 0.46% | 171.80% | 113.47% |
Shares Outstanding (Basic) | 460 | 463 | 467 | 469 | 470 | 475 | 480 | 484 | 487 | 494 | 504 | 510 | 513 | 516 | 517 | 525 | 531 | 535 | 539 | 544 |
Shares Outstanding (Diluted) | 463 | 466 | 469 | 471 | 472 | 477 | 483 | 487 | 490 | 497 | 507 | 513 | 515 | 519 | 521 | 528 | 534 | 538 | 543 | 548 |
Shares Change (YoY) | -1.91% | -2.37% | -2.82% | -3.27% | -3.68% | -3.98% | -4.81% | -5.05% | -4.95% | -4.33% | -2.67% | -2.84% | -3.58% | -3.51% | -4.00% | -3.65% | -3.26% | -2.38% | -1.26% | 0.22% |
EPS (Basic) | 7.80 | 5.50 | 5.15 | 4.91 | 4.64 | 4.22 | 5.81 | 5.09 | 5.50 | 5.78 | 5.31 | 5.48 | 5.70 | 3.76 | 2.81 | 3.89 | 3.15 | 2.88 | 3.94 | 2.62 |
EPS (Diluted) | 7.77 | 5.47 | 5.12 | 4.88 | 4.62 | 4.20 | 5.78 | 5.06 | 5.48 | 5.75 | 5.28 | 5.45 | 5.67 | 3.74 | 2.79 | 3.87 | 3.13 | 2.86 | 3.91 | 2.60 |
EPS Growth (YoY) | 68.18% | 30.24% | -11.41% | -3.56% | -15.69% | -26.96% | 9.60% | -7.16% | -3.35% | 53.74% | 89.28% | 40.83% | 81.15% | 30.77% | -28.65% | 48.85% | 22.27% | 3.25% | 176.42% | 113.12% |
Free Cash Flow | 3,260 | 819 | 2,249 | 2,666 | 2,167 | 371 | 2,356 | 2,846 | 2,302 | 1,316 | 3,149 | 3,279 | 2,542 | 823 | 2,031 | 1,864 | 1,638 | -366 | 627 | 1,153 |
Free Cash Flow Per Share | 7.05 | 1.76 | 4.79 | 5.66 | 4.60 | 0.78 | 4.88 | 5.85 | 4.70 | 2.65 | 6.21 | 6.40 | 4.94 | 1.58 | 3.90 | 3.53 | 3.07 | -0.68 | 1.16 | 2.11 |
Dividend Per Share | 1.630 | 1.510 | 1.510 | 1.510 | 1.510 | 1.410 | 1.410 | 1.410 | 1.410 | 1.300 | 1.300 | 1.300 | 1.300 | 1.200 | 1.200 | 1.200 | 1.200 | 1.110 | 1.110 | 1.110 |
Dividend Growth (YoY) | 7.95% | 7.09% | 7.09% | 7.09% | 7.09% | 8.46% | 8.46% | 8.46% | 8.46% | 8.33% | 8.33% | 8.33% | 8.33% | 8.11% | 8.11% | 8.11% | 8.11% | 7.77% | 7.77% | 7.77% |
Gross Margin | 33.63% | 30.03% | 25.97% | 28.90% | 29.82% | 31.26% | 30.74% | 32.35% | 32.91% | 34.17% | 30.80% | 32.24% | 31.97% | 31.91% | 25.82% | 27.76% | 25.72% | 25.41% | 23.45% | 25.55% |
Operating Margin | 22.18% | 18.18% | 16.02% | 17.75% | 17.65% | 18.42% | 19.19% | 19.91% | 22.44% | 22.16% | 19.33% | 20.45% | 20.98% | 20.79% | 19.84% | 16.68% | 14.17% | 14.30% | 18.31% | 14.60% |
Profit Margin | 17.49% | 14.64% | 12.55% | 13.04% | 13.15% | 14.06% | 17.21% | 15.30% | 16.06% | 18.08% | 15.68% | 16.62% | 16.87% | 12.25% | 8.76% | 13.61% | 11.74% | 11.31% | 15.37% | 11.50% |
Free Cash Flow Margin | 15.87% | 4.70% | 11.76% | 15.12% | 13.08% | 2.60% | 14.53% | 17.67% | 13.79% | 8.33% | 18.45% | 19.51% | 14.68% | 5.19% | 12.24% | 12.43% | 11.50% | -2.69% | 4.54% | 9.30% |
EBITDA | 5,173 | 3,761 | 3,599 | 3,700 | 3,479 | 3,165 | 3,666 | 3,749 | 4,276 | 4,025 | 3,845 | 3,962 | 4,176 | 3,829 | 3,851 | 3,052 | 2,572 | 2,500 | 3,112 | 2,403 |
EBITDA Margin | 25.18% | 21.60% | 18.81% | 20.98% | 21.00% | 22.21% | 22.61% | 23.28% | 25.62% | 25.48% | 22.53% | 23.57% | 24.11% | 24.14% | 23.20% | 20.36% | 18.05% | 18.40% | 22.55% | 19.38% |
D&A For EBITDA | 616 | 595 | 533 | 570 | 554 | 540 | 555 | 543 | 531 | 524 | 545 | 525 | 542 | 532 | 558 | 551 | 553 | 557 | 586 | 593 |
EBIT | 4,557 | 3,166 | 3,066 | 3,130 | 2,925 | 2,625 | 3,111 | 3,206 | 3,745 | 3,501 | 3,300 | 3,437 | 3,634 | 3,297 | 3,293 | 2,501 | 2,019 | 1,943 | 2,526 | 1,810 |
EBIT Margin | 22.18% | 18.18% | 16.02% | 17.75% | 17.65% | 18.42% | 19.19% | 19.91% | 22.44% | 22.16% | 19.33% | 20.45% | 20.98% | 20.79% | 19.84% | 16.68% | 14.17% | 14.30% | 18.31% | 14.60% |
Effective Tax Rate | 22.70% | 20.82% | 22.87% | 26.67% | 22.87% | 22.27% | 14.23% | 20.68% | 23.77% | 19.42% | 18.01% | 20.81% | 20.46% | 26.72% | 30.70% | 20.53% | 20.33% | 23.38% | 16.83% | 20.49% |
Revenue as Reported | 20,543 | 17,415 | 19,133 | 17,638 | 16,569 | 14,249 | 16,215 | 16,106 | 16,689 | 15,799 | 17,070 | 16,810 | 17,318 | 15,862 | 16,597 | 14,994 | 14,247 | 13,589 | 13,798 | 12,397 |