Caterpillar (CAT) Net Income (2009 - 2026)

Caterpillar (CAT) posted quarterly Net Income of $2.5 billion for Q1 2026, up 27.3% year-over-year from $2.0 billion in Q1 2025, and up 9.81% quarter-over-quarter from $2.3 billion in Q4 2025.

Caterpillar (CAT) Net Income (2009 - 2026) Analysis & Trends

Caterpillar's Net Income history runs 18 years deep, the most recent figure standing at $2.5 billion for Q1 2026.

  • In Q1 2026, Net Income rose 27.3% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $9.3 billion (down 5.84% YoY), while the FY2025 annual figure was $8.8 billion, down 18.35% from the prior year.
  • Net Income for Q1 2026 stood at $2.5 billion, up from $2.3 billion in the prior quarter.
  • The five-year high for Net Income was $2.9 billion in Q2 2023, with the low at $1.5 billion in Q4 2022.
  • The 5-year median for Net Income is $2.3 billion (2025), against an average of $2.3 billion.
  • The sharpest annual moves came in 2022 and 2023: Net Income slumped 31.79% in 2022, then surged 82.96% in 2023.
  • Caterpillar's Net Income stood at $1.5 billion in 2022, then jumped by 82.96% to $2.7 billion in 2023, then increased by 4.43% to $2.8 billion in 2024, then fell by 16.76% to $2.3 billion in 2025, then advanced by 9.81% to $2.5 billion in 2026.
  • Business Quant data shows CAT's Net Income at $2.5 billion in Q1 2026, $2.3 billion in Q4 2025, and $2.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Caterpillar 388.77 Bn 382.06 Bn 7.76 Bn 3.50 Bn
2 Deere 166.44 Bn 158.54 Bn 13.06 Bn 1.78 Bn
3 Paccar 69.65 Bn 60.99 Bn 1.56 Bn 752.00 Mn
4 CNH Industrial 13.18 Bn 11.32 Bn 1.41 Bn 129.00 Mn
5 Oshkosh 9.71 Bn 9.31 Bn 480.30 Mn 182.50 Mn
6 Terex 7.68 Bn 7.28 Bn 444.00 Mn 110.00 Mn
7 Agco 7.20 Bn 6.63 Bn 645.90 Mn 67.80 Mn
8 Blue Bird 2.27 Bn 2.15 Bn 103.37 Mn 186.85 Mn
9 Alamo 2.06 Bn 1.87 Bn 110.86 Mn 30.94 Mn
10 Lindsay 1.19 Bn 1.04 Bn 47.83 Mn 15.82 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 3.50 Bn
Mar 31, 2026 2.54 Bn
Dec 31, 2025 2.31 Bn
Sep 30, 2025 2.29 Bn
Jun 30, 2025 2.17 Bn
Mar 31, 2025 2.00 Bn
Dec 31, 2024 2.78 Bn
Sep 30, 2024 2.46 Bn
Jun 30, 2024 2.66 Bn
Mar 31, 2024 2.84 Bn
Dec 31, 2023 2.66 Bn
Sep 30, 2023 2.78 Bn
Jun 30, 2023 2.90 Bn
Mar 31, 2023 1.93 Bn
Dec 31, 2022 1.46 Bn
Sep 30, 2022 2.03 Bn
Jun 30, 2022 1.67 Bn
Mar 31, 2022 1.53 Bn
Dec 31, 2021 2.13 Bn
Sep 30, 2021 1.41 Bn