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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.36 Bn | 382.65 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Deere | 166.88 Bn | 158.97 Bn | 13.06 Bn | 306.00 Mn |
| 3 | Paccar | 69.67 Bn | 61.00 Bn | 1.56 Bn | 5.99 Bn |
| 4 | CNH Industrial | 13.25 Bn | 11.38 Bn | 1.41 Bn | 3.40 Bn |
| 5 | Oshkosh | 9.74 Bn | 9.34 Bn | 480.30 Mn | 2.43 Bn |
| 6 | Terex | 7.71 Bn | 7.30 Bn | 444.00 Mn | 1.79 Bn |
| 7 | Agco | 7.21 Bn | 6.64 Bn | 645.90 Mn | 1.96 Bn |
| 8 | Blue Bird | 2.27 Bn | 2.16 Bn | 103.37 Mn | 413.79 Mn |
| 9 | Alamo | 2.06 Bn | 1.87 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| Date | Value |
|---|---|
| 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 |