Skip to content
Screener

Caterpillar CAT Q3 2025 earnings

Reported October 29, 2025 · Before market open

Revenue$17.6BBeat by $865.1M
EPS$4.95Beat by $0.42
Revenue estimate$16.8B
EPS estimate$4.53

Next report

Nov 4, 2026 (in a month)
Revenue estimate$20.5B
EPS estimate$6.95

Financials

Q3 2025

Income statement

See full
Revenue$17.6B+9.5%
Gross profit$6.0B-1.2%
Operating income$3.1B-3.0%
Net income$2.3B-6.7%
EPS (diluted)$4.88-3.6%

Balance sheet

See full
Cash & equivalents$7.5B+33.7%
Total assets$93.7B+8.6%

Cash flow

See full
Operating cash flow$3.7B+4.7%
CapEx$658.0M+48.2%
Free cash flow$3.1B-1.5%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$223.53B+17.9%
P/E24.1×+6.3×
P/S3.5×+0.6×

Profitability

See full
Gross margin97.5%-5.1pp
Operating margin17.7%-2.6pp
Net margin14.3%-1.9pp
FCF margin13.8%-2.7pp

Returns & leverage

See full
Current ratio1.4×0.0×

Segments

By segment

See full
Construction Industries$6.8B+6.5%
Resource Industries$3.1B+2.0%
Financial Products Segment$1.1B+4.1%
All Other Segment$73.0M+1.4%

By geography

See full
North
 America$9.7B+13.3%
EAME$3.2B+1.0%
Asia/
 Pacific$2.9B+7.2%
Latin
 America$1.9B+10.3%

By product

See full
Financial Products$912.0M+4.2%

FAQ

When did Caterpillar report Q3 2025 earnings?
Caterpillar (CAT) reported Q3 2025 earnings on October 29, 2025 before market open.
What were Caterpillar's Q3 2025 revenue and EPS?
Caterpillar reported revenue of $17.6B and eps of $4.95 for Q3 2025.
Did Caterpillar beat estimates in Q3 2025?
Revenue beat the consensus estimate of $16.8B by $865.1M. EPS beat the consensus estimate of $4.53 by $0.42.
How did Caterpillar's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 9.5% from $16.1B a year earlier and eps declined 4.3% from $5.17.
Where can I find Caterpillar's Q3 2025 SEC filings?
You can read the 8-K earnings release (0000018230-25-000043) and the 10-Q periodic report (0000018230-25-000048) directly on SEC EDGAR. The filing index links above go to sec.gov.