Caterpillar Inc. (CAT)

NYSE: CAT · Construction Machinery & Equip · Irving, TX · filing with the SEC since 1994

Grade6.7

◀ Past 6.8● Present 6.9▶ Future 6.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 13, 2026	Feb 14, 2025	Feb 16, 2024	Feb 15, 2023	Feb 16, 2022	Feb 17, 2021	Feb 19, 2020	Feb 14, 2019	Feb 15, 2018	Feb 15, 2017
Revenue	67,589	64,809	67,060	59,427	50,971	41,748	53,800	54,722	45,462	38,537
For lenders
Provision for credit losses	109	84	47	·	·	·	·	·	·	·
Cost of revenue	44,752	40,199	42,767	41,350	35,513	29,082	36,630	36,997	31,260	28,044
Research and development	2,148	2,107	2,108	1,814	1,686	1,415	1,693	1,850	1,842^r	1,853^r
Selling, general and administrative	6,985	6,667	6,371	5,651	5,365	4,642	5,162	5,478	4,999^r	4,383^r
Total operating expenses	·	·	·	·	·	·	45,510	46,429	41,002^r	37,375^r
Total costs and expenses	56,438	51,737	54,094	51,523	44,093	37,195	45,510	46,429	·	·
Operating income	11,151	13,072	12,966	7,904	6,878	4,553	8,290	8,293	4,460^r	1,162^r
Interest and investment income	416	482	494	167	80	112	202	195	122	74
Share of profit of equity-method investments	109	44	63	19	31	14	28	24	16	-6
Other income (expense), net	892	813	595	1,291	1,814	-44	-57	-67	153^r	-518^r
Income before income taxes	11,541	13,373	13,050	8,752	8,204	3,995	7,812	7,822	4,082	139
Income tax expense	2,768	2,629	2,781	2,067	1,742	1,006	1,746	1,698	3,339	192
Net income including non-controlling interests	8,882	10,788	10,332	6,704	6,493	3,003	6,094	6,148	759	-59
Net income to non-controlling interests	-2	-4	-3	-1	4	5	1	1	5	8
Net income to common shareholders	8,884	10,792	10,335	6,705	6,489	2,998	6,093	6,147	754	-67
Earnings per share, basic	18.90	22.17	20.24	12.72	11.93	5.51	10.85	10.39	1.27	-0.11
Earnings per share, diluted	18.81	22.05	20.12	12.64	11.83	5.46	10.74	10.26	1.26	-0.11
Weighted average shares, basic	470.0	486.7	510.6	526.9	544.0	544.1	561.6	591.4	591.8	584.3
Weighted average shares, diluted	472.3	489.4	513.6	530.4	548.5	548.6	567.5	599.4	599.3	584.3

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton CAT · research, not advice