Caterpillar (CAT) Operating Income (2009 - 2026)
Caterpillar (CAT) posted quarterly Operating Income of $3.1 billion for Q1 2026, up 19.62% year-over-year from $2.6 billion in Q1 2025, and up 15.98% quarter-over-quarter from $2.7 billion in Q4 2025.
Caterpillar (CAT) Operating Income (2009 - 2026) Analysis & Trends
Caterpillar's Operating Income history runs 18 years deep, the most recent figure standing at $3.1 billion for Q1 2026.
- In Q1 2026, Operating Income rose 19.62% year-over-year to $3.1 billion; the TTM figure through Mar 2026 stood at $11.7 billion (down 3.92% YoY), while the FY2025 annual figure was $11.2 billion, down 14.7% from the prior year.
- Operating Income for Q1 2026 stood at $3.1 billion, up from $2.7 billion in the prior quarter.
- The five-year high for Operating Income was $3.7 billion in Q2 2023, with the low at $1.7 billion in Q4 2022.
- The 5-year median for Operating Income is $2.9 billion (2024), against an average of $2.8 billion.
- The sharpest annual moves came in 2023 and 2025: Operating Income soared 87.86% in 2023, then retreated 26.71% in 2025.
- Caterpillar's Operating Income stood at $1.7 billion in 2022, then soared by 86.55% to $3.1 billion in 2023, then declined by 6.7% to $2.9 billion in 2024, then dropped by 9.03% to $2.7 billion in 2025, then advanced by 15.98% to $3.1 billion in 2026.
- Business Quant data shows CAT's Operating Income at $3.1 billion in Q1 2026, $2.7 billion in Q4 2025, and $3.1 billion in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.18 Bn | 382.47 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Deere | 166.81 Bn | 158.90 Bn | 13.06 Bn | 251.00 Mn |
| 3 | Paccar | 69.77 Bn | 61.10 Bn | 1.56 Bn | -4.67 Bn |
| 4 | CNH Industrial | 13.33 Bn | 11.46 Bn | 1.41 Bn | 656.00 Mn |
| 5 | Oshkosh | 9.78 Bn | 9.37 Bn | 480.30 Mn | 243.20 Mn |
| 6 | Terex | 7.69 Bn | 7.28 Bn | 444.00 Mn | 187.00 Mn |
| 7 | Agco | 7.24 Bn | 6.67 Bn | 645.90 Mn | 140.70 Mn |
| 8 | Blue Bird | 2.26 Bn | 2.14 Bn | 103.37 Mn | 62.67 Mn |
| 9 | Alamo | 2.07 Bn | 1.88 Bn | 110.86 Mn | 45.77 Mn |
| 10 | Lindsay | 1.20 Bn | 1.04 Bn | 47.83 Mn | 18.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30 Bn |
| Mar 31, 2026 | 3.09 Bn |
| Dec 31, 2025 | 2.66 Bn |
| Sep 30, 2025 | 3.05 Bn |
| Jun 30, 2025 | 2.86 Bn |
| Mar 31, 2025 | 2.58 Bn |
| Dec 31, 2024 | 2.92 Bn |
| Sep 30, 2024 | 3.15 Bn |
| Jun 30, 2024 | 3.48 Bn |
| Mar 31, 2024 | 3.52 Bn |
| Dec 31, 2023 | 3.13 Bn |
| Sep 30, 2023 | 3.45 Bn |
| Jun 30, 2023 | 3.65 Bn |
| Mar 31, 2023 | 2.73 Bn |
| Dec 31, 2022 | 1.68 Bn |
| Sep 30, 2022 | 2.43 Bn |
| Jun 30, 2022 | 1.94 Bn |
| Mar 31, 2022 | 1.86 Bn |
| Dec 31, 2021 | 1.61 Bn |
| Sep 30, 2021 | 1.66 Bn |