CATERPILLAR INC

CAT 10-K · Q4 2025
API behind this page

CAT Q4 2025 request

Playground key active
Request URL /api/financials?ticker=CAT&year=2025&quarter=4
waiting 0 ms 
Pick an endpoint and run the request.
curl

Income Statement

JSON CSV Excel
Income Statement
Metric Q4 2025 Q4 2024 YoY
Revenue 19,133 16,215 +18.0%
Show Product Lines breakouts
Financial Products 931 883 +5.4%
Show Business Segments breakouts
All Other Segments · Intersegment Elimination -87 -90 +3.3%
All Other Segments · Operating Segments 99 98 +1.0%
Construction Industries · Asia Pacific 981 1,057 -7.2%
Construction Industries · EMEA 1,326 1,122 +18.2%
Construction Industries · Intersegment Elimination -80 -44 -81.8%
Construction Industries · Latin America 660 623 +5.9%
Construction Industries · North America 3,879 3,157 +22.9%
Construction Industries · Operating Segments 6,926 6,003 +15.4%
Construction Industries · Operating Segments Excluding Intersegment Eliminations 6,846 5,959 +14.9%
Financial Products Segment · Asia Pacific 108 113 -4.4%
Financial Products Segment · EMEA 133 128 +3.9%
Financial Products Segment · Latin America 120 103 +16.5%
Financial Products Segment · North America 734 680 +7.9%
Financial Products Segment · Operating Segments 1,095 1,024 +6.9%
Financial Products Segment · Operating Segments Excluding Intersegment Eliminations 1,095 1,024 +6.9%
Financial Products Segment · Related Party 165 189 -12.7%
Reportable Segment Aggregation Before Other Operating Segment · Asia Pacific 2,970 2,984 -0.5%
Reportable Segment Aggregation Before Other Operating Segment · EMEA 3,903 3,291 +18.6%
Reportable Segment Aggregation Before Other Operating Segment · Intersegment Elimination -1,423 -1,272 -11.9%
Reportable Segment Aggregation Before Other Operating Segment · Latin America 1,990 1,773 +12.2%
Reportable Segment Aggregation Before Other Operating Segment · North America 10,488 8,336 +25.8%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 20,774 17,656 +17.7%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments Excluding Intersegment Eliminations 19,351 16,384 +18.1%
Resource Industries · Asia Pacific 747 883 -15.4%
Resource Industries · EMEA 610 455 +34.1%
Resource Industries · Intersegment Elimination -69 -95 +27.4%
Resource Industries · Latin America 647 580 +11.6%
Resource Industries · North America 1,280 967 +32.4%
Resource Industries · Operating Segments 3,353 2,980 +12.5%
Resource Industries · Operating Segments Excluding Intersegment Eliminations 3,284 2,885 +13.8%
Show Geography breakouts
Asia Pacific 2,951 2,959 -0.3%
Asia Pacific · Corporate Non Segment -22 -25 +12.0%
EMEA 3,876 3,268 +18.6%
EMEA · Corporate Non Segment -29 -24 -20.8%
Latin America 1,967 1,752 +12.3%
Latin America · Corporate Non Segment -23 -21 -9.5%
North America 10,339 8,236 +25.5%
North America · Corporate Non Segment -156 -107 -45.8%
Show — breakouts
Revenue 1,134 931 +21.8%
Revenue -764 -839 +8.9%
Revenue 12,809 10,403 +23.1%
Revenue 2,968 3,185 -6.8%
Revenue 24,394 21,486 +13.5%
Revenue -1,274 -1,133 -12.4%
Revenue -2,735 -2,591 -5.6%
Revenue 15 9 +66.7%
Revenue -3,877 -4,194 +7.6%
Revenue 35,985 32,487 +10.8%
Revenue 967 928 +4.2%
Revenue 4,398 3,918 +12.3%
Revenue 7,171 4,694 +52.8%
Revenue 2,191 2,300 -4.7%
Revenue 18,202 15,332 +18.7%
Revenue 30,131 28,022 +7.5%
Revenue 30,826 29,984 +2.8%
Revenue 24,394 21,486 +13.5%
Revenue 35 25 +40.0%
Show Consolidation Items breakouts
Corporate Non Segment -230 -177 -29.9%
Corporate Reconciling Items and Eliminations -1,740 -1,539 -13.1%
Intersegment Elimination -1,510 -1,362 -10.9%
Cost of Revenue 13,307 10,321 +28.9%
Show Business Segments breakouts
Construction Industries · Operating Segments 5,342 4,297 +24.3%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 14,599 11,736 +24.4%
Resource Industries · Operating Segments 2,588 2,107 +22.8%
Show — breakouts
Cost of Revenue 6,669 5,332 +25.1%
Total Costs & Expenses 16,473 13,291 +23.9%
Research & Development 562 519 +8.3%
Selling, General & Administrative 1,876 1,769 +6.0%
Operating Income 2,660 2,924 -9.0%
Interest Expense (Q) — — —
Show Product Lines breakouts
All other excluding Financial Products 127 107 +18.7%
Other Non-Operating Income (Expense) 493 426 +15.7%
Income Tax Expense (Benefit) 712 463 +53.8%
Net Income 2,401 2,790 -13.9%
Show Equity Components breakouts
Noncontrolling Interest -1 -1 0.0%
Retained Earnings 2,402 2,791 -13.9%
Comprehensive Income 2,353 2,037 +15.5%
EPS (Basic) 5.14 5.81 -11.5%
EPS (Diluted) 5.12 5.78 -11.4%
Wtd Avg Shares (Basic) -1.3 -2.3 +43.5%
Wtd Avg Shares (Diluted) -1.1 -2.3 +52.2%
Net Income Loss Attributable To Noncontrolling Interest -1 -1 0.0%
Income Loss From Equity Method Investments 87 10 +770.0%
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 3,026 3,243 -6.7%
Show Business Segments breakouts
All Other Segments 17 11 +54.5%
Construction Industries · Operating Segments 1,030 1,174 -12.3%
Financial Products Segment · Operating Segments 262 166 +57.8%
Reportable Segment Aggregation Before Other Operating Segment 3,493 3,288 +6.2%
Reportable Segment Aggregation Before Other Operating Segment · Operating Segments 3,493 3,288 +6.2%
Resource Industries · Operating Segments 360 471 -23.6%
Show — breakouts
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 1,841 1,477 +24.6%
Net Income Loss Available To Common Stockholders Basic 2,402 2,791 -13.9%
Operating Lease Lease Income 309 303 +2.0%
Foreign Currency Transaction Gain Loss Before Tax -7 135 -105.2%

Balance Sheet

Balance Sheet
Metric Q4 2025 Q4 2024 YoY
Current Assets
Cash & Cash Equivalents 9,980 6,889 +44.9%
Show Consolidation Items breakouts
Corporate Non Segment 9,333 6,165 +51.4%
Accounts Receivable 10,920 9,282 +17.6%
Notes And Loans Receivable Net Current 10,649 9,565 +11.3%
Prepaid Expenses & Other Current Assets 2,801 3,119 -10.2%
Inventory 18,135 16,827 +7.8%
Total Current Assets 52,485 45,682 +14.9%
Non-Current Assets
Property, Plant & Equipment 15,140 13,361 +13.3%
Show Geography breakouts
Non Us 5,685 5,148 +10.4%
US 9,455 8,213 +15.1%
Accounts Receivable Net Noncurrent 2,142 1,225 +74.9%
Show Finance Receivables [Axis] breakouts
Recoveries From Over-Payments 377 — —
Notes And Loans Receivable Net Noncurrent 14,272 13,242 +7.8%
Goodwill 5,321 5,241 +1.5%
Show Business Segments breakouts
Construction Industries 242 239 +1.3%
Power & Energy 2,054 2,014 +2.0%
Resource Industries 2,986 2,949 +1.3%
Other Non-Current Assets 6,102 5,302 +15.1%
Total Assets 98,585 87,764 +12.3%
Show Business Segments breakouts
All Other Segments · Operating Segments 1,516 1,403 +8.1%
Construction Industries · Operating Segments 5,442 5,546 -1.9%
Financial Products Segment · Operating Segments 41,476 36,925 +12.3%
Power & Energy · Operating Segments 11,387 11,772 -3.3%
Resource Industries · Operating Segments 6,087 6,082 +0.1%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 1.19 1.14 +4.4%
Show Consolidation Items breakouts
Operating Segments 64,392 60,325 +6.7%
Operating Lease Right-of-Use Assets 708 592 +19.6%
Intangible Assets 241 399 -39.6%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 135 270 -50.0%
Developed Technology Rights 80 95 -15.8%
Other Intangible Assets 26 34 -23.5%
Other Assets
Noncurrent Deferred And Refundable Income Taxes 2,882 3,312 -13.0%
Intangible Assets Net Excluding Goodwill 241 399 -39.6%
Current Liabilities
Short Term Borrowings 5,514 4,393 +25.5%
Show Product Lines breakouts
Financial Products 5,514 4,393 +25.5%
Financial Products · Commercial Paper 5,408 3,946 +37.1%
Financial Products · Notes Payable To Banks 106 165 -35.8%
Accounts Payable 8,968 7,675 +16.8%
Accrued Liabilities 5,587 5,243 +6.6%
Employee Related Liabilities Current 2,554 2,391 +6.8%
Deferred Revenue (Current) 3,314 2,322 +42.7%
Dividends Payable Current 703 674 +4.3%
Other Liabilities Current 2,798 2,909 -3.8%
Long Term Debt And Capital Lease Obligations Current (Q) — — —
Show Product Lines breakouts
Financial Products 7,085 6,619 +7.0%
Machinery, Power & Energy 35 46 -23.9%
Total Current Liabilities 36,558 32,272 +13.3%
Non-Current Liabilities
Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent 3,838 3,757 +2.2%
Show Retirement Plan Type breakouts
Other Postretirement Benefit Plans Defined Benefit 861 697 +23.5%
Other Non-Current Liabilities 6,175 4,890 +26.3%
Total Liabilities 77,267 68,270 +13.2%
Show Consolidated Entities breakouts
Variable Interest Entity Primary Beneficiary 1.19 1.14 +4.4%
Long-Term Debt 30,696 27,351 +12.2%
Operating Lease Liabilities 570 459 +24.2%
Deferred Tax Liabilities 494 432 +14.4%
Other Liabilities
Long Term Debt And Capital Lease Obligations (Q) — — —
Show Product Lines breakouts
Financial Products 20,018 18,787 +6.6%
Financial Products Segment 20,018 18,787 +6.6%
Machinery, Power & Energy 10,678 8,564 +24.7%
Stockholders' Equity
Common Stock Par Or Stated Value Per Share 1 1 0.0%
Common Stocks Including Additional Paid In Capital 7,181 6,941 +3.5%
Treasury Stock Value -49,539 -44,331 -11.7%
Retained Earnings 65,448 59,352 +10.3%
Accumulated Other Comprehensive Income -1,772 -2,471 +28.3%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 21,318 19,494 +9.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -70 -61 -14.8%
Accumulated Gain Loss Net Cash Flow Hedge Parent 39 -46 +184.8%
Accumulated Net Unrealized Investment Gain Loss 12 -54 +122.2%
Accumulated Other Comprehensive Income -1,772 -2,471 +28.3%
Accumulated Translation Adjustment -1,753 -2,310 +24.1%
Common Stock Including Additional Paid In Capital 7,181 6,941 +3.5%
Retained Earnings 65,448 59,352 +10.3%
Treasury Stock Common -49,539 -44,331 -11.7%
Total Liabilities & Equity 98,585 87,764 +12.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q4 2025 YTD Q4 2024 YoY
Operating Activities
Depreciation & Amortization 598 555 +7.7%
Show Business Segments breakouts
All Other Segments · Operating Segments 70 76 -7.9%
Construction Industries · Operating Segments 70 60 +16.7%
Financial Products Segment · Operating Segments 185 186 -0.5%
Resource Industries · Operating Segments 64 60 +6.7%
Show — breakouts
Depreciation & Amortization 184 152 +21.1%
Show Consolidation Items breakouts
Operating Segments 503 458 +9.8%
Deferred Income Taxes 165 -292 +156.5%
Other Non-Cash Items 233 343 -32.1%
Change in Inventory 538 367 +46.6%
Change in Accounts Payable 93 -186 +150.0%
Change in Deferred Revenue 284 -106 +367.9%
Net Cash from Operations 3,591 3,393 +5.8%
Investing Activities
Capital Expenditures -898 -703 -27.7%
Other Investing Activities 94 56 +67.9%
Net Cash from Investing -1,880 -1,649 -14.0%
Financing Activities
Share Repurchases -340 -640 +46.9%
Net Cash from Financing 751 -426 +276.3%
Other Cash Flow
Net Change in Cash 2,442 1,251 +95.2%

Values in millions USD. Source: SEC EDGAR 10-K filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key