Income Statement - CATERPILLAR INC (CAT)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 67.59 | 64.81 | 67.06 | 59.43 | 50.97 | 41.75 | 53.80 | 54.72 | 45.46 | 38.54 | 47.01 | 55.18 | 55.66 | 65.88 | 60.14 | 42.59 | 32.40 | 51.32 | 44.96 | 41.52 |
| Cost of revenue | 45.73 | 41.49 | 43.80 | 41.92 | 35.97 | 29.67 | 37.38 | 37.72 | 31.91 | 28.64 | 34.13 | 41.34 | 41.45 | 47.85 | 44.40 | 31.28 | 23.89 | 38.42 | 32.63 | 29.55 |
| Gross profit | 21.86 | 23.32 | 23.26 | 17.51 | 15.00 | 12.08 | 16.42 | 17.00 | 13.56 | 9.90 | 12.88 | 13.84 | 14.20 | 18.02 | 15.73 | 11.31 | 8.51 | 12.91 | 12.33 | 11.97 |
| Total operating expenses | 10.65 | 10.25 | 10.30 | 9.61 | 8.13 | 7.52 | 8.13 | 8.71 | 9.10 | 8.74 | 9.09 | 10.53 | 8.57 | 9.45 | 8.58 | 7.34 | 7.93 | 8.46 | 7.41 | 7.05 |
| Operating income | 11.21 | 13.07 | 12.97 | 7.90 | 6.88 | 4.55 | 8.29 | 8.29 | 4.46 | 1.16 | 3.79 | 3.31 | 5.63 | 8.57 | 7.15 | 3.96 | 0.58 | 4.45 | 4.92 | 4.92 |
| Non-operating income (net) | 0.35 | 0.35 | 0.15 | 0.87 | 1.36 | -0.54 | -0.45 | -0.45 | -0.36 | -1.03 | -0.35 | -0.15 | -0.51 | -0.32 | -0.45 | -0.24 | -0.02 | 0.09 | 0.14 | 0.02 |
| Income before tax | 11.56 | 13.42 | 13.11 | 8.77 | 8.24 | 4.01 | 7.84 | 7.85 | 4.10 | 0.13 | 3.44 | 3.16 | 5.12 | 8.25 | 6.70 | 3.73 | 0.56 | 4.54 | 5.06 | 4.94 |
| Income tax expense | 2.77 | 2.63 | 2.78 | 2.07 | 1.74 | 1.01 | 1.75 | 1.70 | 3.34 | 0.19 | 0.92 | 0.69 | 1.32 | 2.53 | 1.72 | 0.97 | -0.27 | 0.95 | 1.49 | 1.41 |
| Net income | 8.87 | 10.79 | 10.34 | 6.71 | 6.49 | 3.00 | 6.09 | 6.15 | 0.75 | -0.07 | 2.51 | 2.45 | 3.79 | 5.68 | 4.93 | 2.70 | 0.90 | 3.56 | 3.54 | 3.54 |
Show Quarterly Income Statement
Income Statement - CATERPILLAR INC (CAT)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 17.42 | 19.13 | 17.64 | 16.57 | 14.25 | 16.22 | 16.11 | 16.69 | 15.80 | 17.07 | 16.81 | 17.32 | 15.86 | 16.60 | 14.99 | 14.25 | 13.59 | 13.80 | 12.40 | 12.89 | 11.89 | 11.24 | 9.88 | 10.00 | 10.64 | 13.14 | 12.76 | 14.43 | 13.47 | 14.34 | 13.51 | 14.01 | 12.86 | 12.90 | 11.41 | 11.33 | 9.82 | 9.57 | 9.16 | 10.34 | 9.46 | 11.03 | 10.96 | 12.32 | 12.70 | 14.24 | 13.55 | 14.15 | 13.24 | 14.40 | 13.42 | 14.62 | 13.21 | 16.08 | 16.45 | 17.37 | 15.98 | 17.24 | 15.72 | 14.23 | 12.95 | 12.81 | 11.13 | 10.41 | 8.24 | 7.90 | 7.30 | 7.98 | 9.23 | 12.92 | 12.98 | 13.62 | 11.80 | 12.14 | 11.44 | 11.36 | 10.02 | 11.00 | 10.52 | 10.61 | 9.39 |
| Cost of revenue | 11.31 | 13.66 | 11.67 | 11.11 | 9.29 | 10.66 | 10.40 | 10.46 | 9.96 | 11.30 | 10.86 | 11.31 | 10.32 | 11.80 | 10.35 | 10.10 | 9.67 | 10.11 | 8.73 | 9.00 | 8.14 | 7.91 | 7.06 | 7.26 | 7.44 | 9.30 | 8.76 | 10.13 | 9.19 | 10.18 | 9.21 | 9.60 | 8.73 | 9.05 | 7.84 | 7.98 | 6.96 | 7.69 | 6.67 | 7.57 | 6.97 | 8.33 | 8.01 | 8.82 | 8.91 | 10.65 | 9.79 | 10.35 | 9.60 | 10.72 | 9.95 | 10.96 | 9.83 | 12.70 | 11.84 | 12.48 | 11.44 | 12.76 | 11.46 | 10.30 | 9.06 | 9.35 | 7.75 | 7.37 | 5.89 | 5.85 | 5.26 | 5.75 | 7.03 | 10.07 | 9.70 | 10.04 | 8.61 | 8.92 | 8.27 | 8.58 | 7.41 | 7.97 | 7.61 | 7.67 | 6.78 |
| Gross profit | 6.11 | 5.48 | 5.97 | 5.46 | 4.96 | 5.56 | 5.70 | 6.23 | 5.84 | 5.77 | 5.95 | 6.01 | 5.54 | 4.80 | 4.64 | 4.15 | 3.92 | 3.69 | 3.67 | 3.89 | 3.75 | 3.32 | 2.83 | 2.74 | 3.19 | 3.84 | 4.00 | 4.30 | 4.27 | 4.17 | 4.30 | 4.41 | 4.13 | 3.85 | 3.57 | 3.35 | 2.86 | 1.88 | 2.49 | 2.78 | 2.49 | 2.70 | 2.95 | 3.50 | 3.79 | 3.59 | 3.76 | 3.80 | 3.64 | 3.69 | 3.47 | 3.66 | 3.38 | 3.38 | 4.61 | 4.90 | 4.54 | 4.48 | 4.26 | 3.93 | 3.89 | 3.46 | 3.38 | 3.04 | 2.34 | 2.05 | 2.04 | 2.22 | 2.20 | 2.86 | 3.28 | 3.59 | 3.19 | 3.22 | 3.17 | 2.78 | 2.61 | 3.03 | 2.91 | 2.93 | 2.61 |
| Total operating expenses | 3.02 | 2.82 | 2.91 | 2.54 | 2.38 | 2.63 | 2.56 | 2.74 | 2.32 | 2.63 | 2.50 | 2.36 | 2.81 | 3.12 | 2.22 | 2.21 | 2.07 | 2.08 | 2.01 | 2.10 | 1.94 | 1.94 | 1.84 | 1.95 | 1.79 | 1.99 | 1.98 | 2.09 | 2.07 | 2.28 | 2.17 | 2.24 | 2.02 | 2.68 | 2.06 | 2.17 | 2.48 | 3.15 | 2.01 | 1.99 | 1.99 | 2.81 | 2.02 | 2.16 | 2.09 | 2.53 | 2.37 | 2.33 | 2.25 | 2.23 | 2.07 | 2.11 | 2.16 | 2.34 | 2.01 | 2.28 | 2.22 | 2.52 | 2.50 | 2.33 | 2.06 | 2.17 | 2.20 | 2.06 | 1.84 | 1.92 | 1.77 | 1.88 | 2.37 | 2.40 | 2.10 | 2.06 | 1.89 | 1.97 | 1.86 | 1.56 | 1.47 | 1.89 | 1.83 | 1.45 | 1.39 |
| Operating income | 3.09 | 2.66 | 3.05 | 2.92 | 2.58 | 2.92 | 3.15 | 3.48 | 3.52 | 3.13 | 3.45 | 3.65 | 2.73 | 1.68 | 2.43 | 1.94 | 1.86 | 1.61 | 1.66 | 1.79 | 1.81 | 1.38 | 0.99 | 0.78 | 1.40 | 1.85 | 2.02 | 2.21 | 2.21 | 1.88 | 2.14 | 2.17 | 2.11 | 1.16 | 1.51 | 1.18 | 0.38 | -1.26 | 0.48 | 0.79 | 0.49 | -0.11 | 0.93 | 1.33 | 1.70 | 1.06 | 1.39 | 1.48 | 1.40 | 1.45 | 1.40 | 1.56 | 1.22 | 1.04 | 2.60 | 2.62 | 2.32 | 1.96 | 1.76 | 1.60 | 1.83 | 1.29 | 1.19 | 0.98 | 0.51 | 0.13 | 0.28 | 0.35 | -0.18 | 0.46 | 1.17 | 1.53 | 1.29 | 1.26 | 1.31 | 1.21 | 1.14 | 1.15 | 1.08 | 1.48 | 1.22 |
| Non-operating income (net) | 0.13 | 0.37 | 0.08 | -0.09 | 0.00 | 0.33 | -0.04 | 0.04 | 0.02 | 0.13 | 0.08 | 0.02 | -0.08 | 0.42 | 0.14 | 0.16 | 0.15 | 0.94 | 0.13 | 0.10 | 0.19 | -0.43 | -0.13 | -0.10 | 0.11 | -0.48 | -0.01 | -0.03 | 0.06 | -0.51 | 0.01 | 0.03 | 0.03 | -0.04 | 0.02 | -0.02 | -0.10 | -0.09 | -0.10 | -0.05 | -0.13 | -0.10 | -0.15 | -0.20 | 0.07 | -0.12 | -0.01 | -0.05 | -0.06 | -0.07 | -0.14 | -0.21 | -0.09 | -0.12 | -0.14 | -0.04 | -0.02 | 0.02 | -0.13 | -0.26 | -0.08 | -0.07 | -0.09 | -0.04 | -0.04 | -0.01 | -0.02 | 0.05 | -0.04 | -0.09 | 0.10 | 0.02 | 0.06 | 0.05 | 0.01 | -0.01 | 0.05 | -0.01 | 0.03 | 0.02 | -0.01 |
| Income before tax | 3.21 | 3.03 | 3.14 | 2.83 | 2.58 | 3.25 | 3.11 | 3.52 | 3.54 | 3.26 | 3.53 | 3.68 | 2.65 | 2.10 | 2.57 | 2.10 | 2.01 | 2.55 | 1.80 | 1.88 | 2.01 | 0.95 | 0.86 | 0.69 | 1.52 | 1.37 | 2.01 | 2.18 | 2.27 | 1.37 | 2.14 | 2.20 | 2.14 | 1.12 | 1.53 | 1.16 | 0.28 | -1.35 | 0.38 | 0.74 | 0.36 | -0.21 | 0.78 | 1.14 | 1.77 | 0.94 | 1.39 | 1.42 | 1.34 | 1.38 | 1.26 | 1.35 | 1.13 | 0.91 | 2.46 | 2.58 | 2.30 | 1.98 | 1.63 | 1.34 | 1.76 | 1.22 | 1.10 | 0.94 | 0.47 | 0.12 | 0.25 | 0.40 | -0.21 | 0.37 | 1.27 | 1.55 | 1.35 | 1.31 | 1.32 | 1.21 | 1.19 | 1.13 | 1.10 | 1.50 | 1.21 |
| Income tax expense | 0.67 | 0.71 | 0.84 | 0.65 | 0.57 | 0.46 | 0.64 | 0.84 | 0.69 | 0.59 | 0.73 | 0.75 | 0.71 | 0.64 | 0.53 | 0.43 | 0.47 | 0.43 | 0.37 | 0.47 | 0.48 | 0.17 | 0.19 | 0.23 | 0.43 | 0.28 | 0.52 | 0.57 | 0.39 | 0.32 | 0.42 | 0.49 | 0.47 | 2.42 | 0.47 | 0.36 | 0.09 | -0.18 | 0.10 | 0.18 | 0.09 | -0.13 | 0.22 | 0.34 | 0.52 | 0.18 | 0.36 | 0.42 | 0.42 | 0.38 | 0.31 | 0.39 | 0.25 | 0.21 | 0.75 | 0.87 | 0.69 | 0.42 | 0.47 | 0.32 | 0.51 | 0.23 | 0.30 | 0.21 | 0.23 | -0.09 | -0.14 | 0.04 | -0.08 | -0.30 | 0.40 | 0.43 | 0.42 | 0.33 | 0.40 | 0.39 | 0.38 | 0.25 | 0.33 | 0.45 | 0.37 |
| Net income | 2.55 | 2.40 | 2.29 | 2.18 | 2.00 | 2.79 | 2.46 | 2.68 | 2.86 | 2.68 | 2.79 | 2.92 | 1.94 | 1.45 | 2.04 | 1.67 | 1.54 | 2.12 | 1.43 | 1.41 | 1.53 | 0.78 | 0.67 | 0.46 | 1.09 | 1.10 | 1.49 | 1.62 | 1.88 | 1.05 | 1.73 | 1.71 | 1.67 | -1.30 | 1.06 | 0.80 | 0.19 | -1.17 | 0.28 | 0.55 | 0.27 | -0.09 | 0.56 | 0.80 | 1.25 | 0.76 | 1.02 | 1.00 | 0.92 | 1.00 | 0.95 | 0.96 | 0.88 | 0.70 | 1.70 | 1.70 | 1.59 | 1.55 | 1.14 | 1.02 | 1.23 | 0.97 | 0.79 | 0.71 | 0.23 | 0.23 | 0.40 | 0.37 | -0.11 | 0.66 | 0.87 | 1.11 | 0.92 | 0.98 | 0.93 | 0.82 | 0.82 | 0.88 | 0.77 | 1.05 | 0.84 |