Caterpillar

CAT · NYSE · USD

$845.42+2.31%+$19.07

Close · October 2, 2026

At a glance

Revenue growth: +4.29%; 2025 vs 2024
Net income growth: −17.68%; 2025 vs 2024
Net margin: 13.1%; 2024: 16.7%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	102,609	95,550	98,585	93,722	90,325	84,974	87,764	86,273	83,336	83,741	87,476	86,791
Current assets	54,450	48,568	52,485	49,818	46,755	43,019	45,682	44,946	43,096	43,664	46,949	48,005
Cash and equivalents	5,945	3,316	9,333	6,633	4,428	2,741	6,165	4,760	3,481	3,963	6,106	5,874
Short-term investments	—	—	—	—	—	—	—	—	—	400	1,900	2,550
Receivables	13,465	11,680	11,217	10,363	9,931	9,361	9,520	9,304	9,664	9,492	9,556	9,346
Inventory	20,627	19,626	18,135	18,958	18,595	17,862	16,827	17,312	17,082	16,953	16,565	17,580
Net property, plant and equipment	15,628	15,249	15,848	10,348	10,035	9,655	10,123	8,943	8,653	8,647	9,250	8,243
Goodwill	5,859	5,865	5,321	5,329	5,331	5,270	5,241	5,317	5,264	5,277	5,308	5,268
Other intangible assets	420	419	241	281	321	361	399	448	488	516	564	604
Current liabilities	39,790	35,902	36,558	35,991	34,934	32,595	32,272	32,218	33,564	32,371	34,728	33,124
Accounts payable	10,313	9,641	8,968	8,729	8,563	7,792	7,675	7,705	7,575	7,778	7,906	7,827
Long-term debt	10,655	10,671	10,584	10,669	10,654	8,618	8,497	8,634	8,537	8,539	8,507	8,470
Total debt	10,690	10,706	11,441	10,701	10,684	8,647	9,212	8,680	8,582	9,584	—	—
Total liabilities	83,215	76,890	77,267	73,063	71,662	66,904	68,270	66,870	66,200	66,096	67,973	66,284
Total equity (incl. minority)	19,394	18,660	21,318	20,659	18,663	18,070	19,494	19,403	17,136	17,645	19,503	20,507
Retained earnings	70,141	67,997	65,448	64,460	62,160	61,356	59,352	57,920	55,455	54,108	51,250	49,888
Minority interest	-1.0	-1.0	0.0	1.0	2.0	3.0	3.0	6.0	6.0	6.0	9.0	18.0