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Business Segments · Cost of goods sold

Power & Energy — Cost of goods sold

Caterpillar Power & Energy — Cost of goods sold increased by 26.4% to $4.85B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 26.4%, from $3.83B to $4.85B. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ1 2026May 6, 2026

How to read this metric

A lower ratio of COGS to revenue indicates improved manufacturing efficiency or better pricing power.

Detailed definition

Includes all direct costs associated with the production and delivery of energy and transportation products, such as raw...

Peer comparison

Standard metric for manufacturing segments; comparable across all heavy equipment and industrial peers.

Metric ID: cat_segment_power_energy_cost_of_goods_sold

Historical Data

10 periods
 Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q1 '26
Value$4.97B$4.97B$4.97B$4.97B$4.95B$4.95B$4.95B$4.95B$3.83B$4.85B
QoQ Change+0.0%+0.0%+0.0%-0.4%+0.0%+0.0%+0.0%-22.5%+26.4%
YoY Change-0.4%-0.4%-0.4%-0.4%-22.5%+26.4%
Range$3.83B$4.97B
CAGR-1.1%
Avg YoY Growth+0.4%
Median YoY Growth-0.4%

Frequently Asked Questions

What is Caterpillar's power & energy — cost of goods sold?
Caterpillar (CAT) reported power & energy — cost of goods sold of $4.85B in Q1 2026.
How has Caterpillar's power & energy — cost of goods sold changed year-over-year?
Caterpillar's power & energy — cost of goods sold increased by 26.4% year-over-year, from $3.83B to $4.85B.
What does power & energy — cost of goods sold mean?
The direct costs incurred to manufacture and sell the segment's products.