Caterpillar (CAT) Cost of Revenue (2009 - 2026)

Caterpillar (CAT) posted quarterly Cost of Revenue of $11.3 billion for Q1 2026, up 26.11% year-over-year from $9.0 billion in Q1 2025, and down 15.04% quarter-over-quarter from $13.3 billion in Q4 2025.

Caterpillar (CAT) Cost of Revenue (2009 - 2026) Analysis & Trends

Caterpillar's Cost of Revenue history runs 18 years deep, the most recent figure standing at $11.3 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 26.11% year-over-year to $11.3 billion; the TTM figure through Mar 2026 stood at $47.1 billion (up 19.22% YoY), while the FY2025 annual figure was $44.8 billion, up 11.33% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $11.3 billion, down from $13.3 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $13.3 billion in Q4 2025, with the low at $9.0 billion in Q1 2025.
  • The 5-year median for Cost of Revenue is $10.3 billion (2024), against an average of $10.6 billion.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue declined 8.27% in 2024, then advanced 28.93% in 2025.
  • Caterpillar's Cost of Revenue stood at $11.6 billion in 2022, then declined by 5.15% to $11.0 billion in 2023, then decreased by 6.31% to $10.3 billion in 2024, then grew by 28.93% to $13.3 billion in 2025, then slipped by 15.04% to $11.3 billion in 2026.
  • Business Quant data shows CAT's Cost of Revenue at $11.3 billion in Q1 2026, $13.3 billion in Q4 2025, and $11.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Caterpillar 391.45 Bn 384.74 Bn 7.76 Bn 12.78 Bn
2 Deere 166.65 Bn 158.74 Bn 13.06 Bn 306.00 Mn
3 Paccar 69.53 Bn 60.86 Bn 1.56 Bn 5.99 Bn
4 CNH Industrial 13.35 Bn 11.48 Bn 1.41 Bn 3.40 Bn
5 Oshkosh 9.77 Bn 9.37 Bn 480.30 Mn 2.43 Bn
6 Terex 7.69 Bn 7.28 Bn 444.00 Mn 1.79 Bn
7 Agco 7.24 Bn 6.67 Bn 645.90 Mn 1.96 Bn
8 Blue Bird 2.25 Bn 2.13 Bn 103.37 Mn 413.79 Mn
9 Alamo 2.07 Bn 1.88 Bn 110.86 Mn 339.88 Mn
10 Lindsay 1.19 Bn 1.04 Bn 47.83 Mn 112.93 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 12.78 Bn
Jun 30, 2026 12.78 Bn
Mar 31, 2026 11.31 Bn
Mar 31, 2026 11.31 Bn
Dec 31, 2025 13.31 Bn
Dec 31, 2025 13.31 Bn
Sep 30, 2025 11.67 Bn
Sep 30, 2025 11.67 Bn
Jun 30, 2025 10.81 Bn
Jun 30, 2025 10.81 Bn
Mar 31, 2025 8.97 Bn
Mar 31, 2025 8.97 Bn
Dec 31, 2024 10.32 Bn
Dec 31, 2024 10.32 Bn
Sep 30, 2024 10.07 Bn
Sep 30, 2024 10.07 Bn
Jun 30, 2024 10.15 Bn
Jun 30, 2024 10.15 Bn
Mar 31, 2024 9.66 Bn
Mar 31, 2024 9.66 Bn