CATERPILLAR INC (CAT) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	77.8B	67.6B	64.8B	67.1B	59.4B
Cost of Revenue	51.1B	45.7B	41.5B	43.8B	41.9B
Gross Profit	26.7B	21.9B	23.3B	23.3B	17.5B
Operating Expenses
R&D Expense	2.3B	2.1B	2.1B	2.1B	1.8B
SG&A Expense	7.5B	7.0B	6.7B	6.4B	5.7B
General & Admin Expense	3.8B	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	2.6B	1.5B	1.5B	1.8B	2.1B
Total Operating Expenses	12.4B	10.6B	10.3B	10.3B	9.6B
Cost and Expenses	63.5B	56.4B	51.7B	54.1B	51.5B
Operating Income (EBIT)	14.3B	11.2B	13.1B	13.0B	7.9B
Non-Operating
Interest Income	231.0M	487.0M	482.0M	494.0M	167.0M
Interest Expense	876.0M	1.0B	512.0M	511.0M	443.0M
Net Interest Income	(645.0M)	(543.0M)	(30.0M)	(17.0M)	(276.0M)
Other Non-Op Income/Expense	761.0M	353.0M	345.0M	147.0M	867.0M
Non-Operating Income (excl Interest)	(1.6B)	(1.4B)	(813.0M)	(595.0M)	(1.3B)
EBT (Pre-Tax Income)	15.0B	11.6B	13.4B	13.1B	8.8B
Income Tax Expense	3.3B	2.8B	2.6B	2.8B	2.1B
Bottom Line
Net Income	11.8B	8.9B	10.8B	10.3B	6.7B
Earnings from Cont. Ops	11.7B	8.8B	10.8B	10.3B	6.7B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	11.8B	8.9B	10.8B	10.3B	6.7B
Per Share
Basic EPS	$25.61	$18.90	$22.17	$20.24	$12.73
Diluted EPS	$25.49	$18.83	$22.05	$20.12	$12.64
Revenue Per Share	$169.40	$144.89	$133.16	$131.34	$112.79
Shares
Basic Shares Outstanding	459.1M	466.5M	486.7M	510.6M	526.9M
Diluted Shares Outstanding	460.9M	469.0M	489.4M	513.6M	530.4M
Profitability Metrics
EBITDA	18.3B	14.9B	16.0B	15.7B	11.4B
D&A	2.4B	2.3B	2.2B	2.1B	2.2B
EBIT	15.9B	12.6B	13.9B	13.6B	9.2B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026