Caterpillar

CAT · NYSE · USD

$846.83+2.48%+$20.48

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.

Income statement · 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 revenue	20,543	17,415	19,133	17,638	16,569	14,249	16,215	16,106	16,689	15,799	17,070	16,810
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
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
Selling, general and administrative	1,765	1,564	1,351	1,591	1,472	1,386	1,386	1,469	1,465	1,396	1,474	1,430
Research and development	616	537	562	555	551	480	519	533	535	520	554	554
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
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
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
Interest expense	135	134	127	133	126	116	107	125	137	143	126	129
Pre-tax 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
Income tax	1,055	670	712	836	646	574	463	642	836	688	587	734
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
Net income to common shareholders	3,593	2,549	2,402	2,300	2,179	2,003	2,791	2,464	2,681	2,856	2,676	2,794
Basic EPS	7.80	5.50	5.15	4.91	4.64	4.22	5.81	5.09	5.50	5.78	5.31	5.48
Diluted EPS	7.77	5.47	5.12	4.88	4.62	4.20	5.78	5.06	5.48	5.75	5.28	5.45
Average shares (basic)	460	463	467	469	470	475	480	484	487	494	504	510
Average shares (diluted)	463	466	469	471	472	477	483	487	490	497	507	513
Dividend per share	1.63	1.51	1.51	1.51	1.51	1.41	1.41	1.41	1.41	1.30	1.30	1.30