CATERPILLAR INC
CATIndustrials & materialscaterpillar.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 4, 2026
Next reportJanuary 27, 2027pre-market · forecast 6.734 $/share
Revenue
$20.68B
▲ +17.3% vs prior year YoY
Net income
$3.29B
▲ +42.9% vs prior year YoY
EPS
7.13$
▲ +46.1% vs prior year YoY
Net margin
15.9%
▲ +2.9 pp vs prior year YoY
Revenue▲ +17.3%
Margins (% of revenue)GrossOperatingNet
Net income▲ +42.9%
EPS▲ +46.1%
Financial statements
View 10-Q filed November 4, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $16.21B | $14.25B | $16.57B | $17.64B | $19.13B | $17.41B | $20.54B | $20.68B | ▲ +17.3% |
| Gross profit | $5.89B | $5.28B | $5.76B | $5.96B | $5.83B | $6.11B | $7.76B | $7.35B | ▲ +23.2% |
| Operating income | $2.92B | $2.58B | $2.86B | $3.05B | $2.66B | $3.08B | $4.29B | $4.21B | ▲ +38.1% |
| Net income | $2.79B | $2.00B | $2.18B | $2.30B | $2.40B | $2.55B | $3.59B | $3.29B | ▲ +42.9% |
| R&D | $519.00M | $480.00M | $551.00M | $555.00M | $562.00M | $537.00M | $616.00M | $596.00M | ▲ +7.4% |
| EPS (diluted) | — | 4.20 $ | 4.62 $ | 4.88 $ | — | 5.47 $ | 7.77 $ | 7.13 $ | ▲ +46.1% |
| Margins (% of revenue) | |||||||||
| Gross | 36.3 % | 37.1 % | 34.8 % | 33.8 % | 30.5 % | 35.1 % | 37.8 % | 35.5 % | ▲ +1.7 pt |
| Operating | 18.0 % | 18.1 % | 17.3 % | 17.3 % | 13.9 % | 17.7 % | 20.9 % | 20.4 % | ▲ +3.1 pt |
| Net | 17.2 % | 14.1 % | 13.2 % | 13.0 % | 12.5 % | 14.6 % | 17.5 % | 15.9 % | ▲ +2.9 pt |
| Balance sheet | |||||||||
| Assets | $87.76B | $84.97B | $90.33B | $93.72B | $98.58B | $95.55B | $102.61B | $106.84B | ▲ +14.0% |
| Liabilities | $68.27B | $66.90B | $71.66B | $73.06B | $77.27B | $76.89B | $83.22B | $85.36B | ▲ +16.8% |
| Equity | $19.49B | $18.07B | $18.66B | $20.66B | $21.32B | $18.66B | $19.39B | $21.48B | ▲ +4.0% |
| Cash | $6.89B | $3.56B | $5.44B | $7.54B | $9.98B | $4.07B | $6.71B | $7.93B | ▲ +5.2% |
| Capital | |||||||||
| Shares outstanding | 477.93M | 471.04M | 468.48M | 467.98M | 465.29M | 460.64M | 459.67M | 457.59M | ▼ -2.2% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.