CAT
NYSECaterpillar Inc.
Revenue and Net Income
Values in USD
Income Statement
Values in USD
| Financial item | TTMJun 30, 2026 | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 |
|---|---|---|---|---|---|
Total Revenue | 74.73B | 67.59B | 64.81B | 67.06B | 59.43B |
Cost of Revenue | 50.47B | 46.11B | 41.48B | 43.80B | 41.91B |
Gross Profit | 24.26B | 21.48B | 23.32B | 23.26B | 17.51B |
Operating Expense | 11.17B | 10.33B | 10.25B | 10.30B | 8.68B |
Operating Income | 13.09B | 11.15B | 13.07B | 12.97B | 8.83B |
Net Non Operating Interest Income Expense | -529.00M | -502.00M | -512.00M | -511.00M | -443.00M |
Other Income Expense | 1.36B | 892.00M | 813.00M | 595.00M | 366.00M |
Pretax Income | 13.92B | 11.54B | 13.37B | 13.05B | 8.75B |
Tax Provision | 3.27B | 2.77B | 2.63B | 2.78B | 2.07B |
Earnings from Equity Interest Net of Tax | 192.00M | 109.00M | 44.00M | 63.00M | 19.00M |
Net Income Common Stockholders | 10.84B | 8.88B | 10.79B | 10.34B | 6.71B |
Diluted NI Available to Com Stockholders | 10.84B | 8.88B | 10.79B | 10.34B | 6.71B |
Basic EPS | 23.34 | 18.90 | 22.17 | 20.24 | 12.72 |
Diluted EPS | 23.22 | 18.81 | 22.05 | 20.12 | 12.64 |
Basic Average Shares | 464.80M | 470.00M | 486.70M | 510.60M | 526.90M |
Diluted Average Shares | 467.20M | 472.30M | 489.40M | 513.60M | 530.40M |
Total Operating Income as Reported | 13.09B | 11.15B | 13.07B | 12.97B | 7.90B |
Total Expenses | 61.64B | 56.44B | 51.74B | 54.09B | 50.60B |
Net Income from Continuing & Discontinued Operation | 10.84B | 8.88B | 10.79B | 10.34B | 6.71B |
Normalized Income | 10.42B | 8.67B | 10.32B | 10.01B | 7.25B |
Interest Income | — | — | 482.00M | 494.00M | 167.00M |
Interest Expense | 529.00M | 502.00M | 512.00M | 511.00M | 443.00M |
Net Interest Income | -529.00M | -502.00M | -512.00M | -511.00M | -443.00M |
EBIT | 14.45B | 12.04B | 13.88B | 13.56B | 9.20B |
EBITDA | 16.83B | 14.30B | 16.04B | 15.71B | 11.41B |
Reconciled Cost of Revenue | 50.47B | 46.11B | 41.48B | 43.80B | 41.91B |
Reconciled Depreciation | 2.38B | 2.26B | 2.15B | 2.14B | 2.22B |
Net Income from Continuing Operation Net Minority Interest | 10.84B | 8.88B | 10.79B | 10.34B | 6.71B |
Total Unusual Items Excluding Goodwill | 555.00M | 278.00M | 592.00M | 409.00M | -710.00M |
Total Unusual Items | 555.00M | 278.00M | 592.00M | 409.00M | -710.00M |
Normalized EBITDA | 16.27B | 14.03B | 15.45B | 15.30B | 12.12B |
Tax Rate for Calcs | 0.24 | 0.24 | 0.20 | 0.21 | 0.24 |
Tax Effect of Unusual Items | 130.48M | 66.68M | 116.38M | 87.12M | -167.56M |
Key Statistics
Valuation
Volume & Shares
Growth Indicators
Currency & Exchange
Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in the United States and internationally. Its Construction Industries segment offers asphalt pavers, cold planers, compactors, forestry machines, material handlers, motor graders, pipelayers, road reclaimers, telehandlers, track-type tractors, and track and wheel excavators compact track, wheel, track-type, backhoe, and skid steer loaders and related parts and tools. The company's Resource Industries segment provides electric rope and hydraulic shovels, draglines, rotary drills, hard rock vehicles, tractors, mining trucks, wheel loaders, off-highway and articulated trucks, wide-body trucks, wheel tractor scrapers and dozers, fleet management products, landfill and soil compactors, machinery components, autonomous ready vehicles and solutions, work tools, and safety services and mining performance solutions, as well as related parts and services. Its Energy & Transportation segment offers reciprocating engine powered generator sets reciprocating engines, drivetrain, and integrated systems and solutions turbines, centrifugal gas compressors, and related services and diesel-electric locomotives and components, and other rail-related products. The company's Financial Products segment provides operating and finance leases, installment sale contracts, revolving charge accounts, repair/rebuild financing services, working capital loans, and wholesale financing and insurance and risk management products and services. Its All Other segment offers wear and maintenance components parts distribution logistics solutions and distribution services dealer portfolio management, and brand management and marketing strategy services and digital investment services. Caterpillar Inc. was founded in 1925 and is headquartered in Irving, Texas.