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

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 was $11.3 billion for Q1 2026 at Caterpillar, down from $13.3 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $13.3 billion in Q4 2025 to a low of $9.0 billion in Q1 2025.
• Historically, Cost of Revenue has averaged $10.6 billion across 5 years, with a median of $10.3 billion in 2024.
• The sharpest annual moves came in 2024 and 2025: Cost of Revenue fell 8.27% in 2024, then climbed 28.93% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $11.6 billion in 2022, then fell by 5.15% to $11.0 billion in 2023, then slipped by 6.31% to $10.3 billion in 2024, then increased by 28.93% to $13.3 billion in 2025, then dropped by 15.04% to $11.3 billion in 2026.
• The last three Cost of Revenue figures came in at $11.3 billion (Q1 2026), $13.3 billion (Q4 2025), and $11.7 billion (Q3 2025), per Business Quant data.