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Caterpillar CAT Resource Industries — Cost of goods sold

Other segment segments

Construction Industries
$5.13B+37.9%
Power & Energy
$4.85B
Financial Products Segment
$0

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Other financials

Income statement

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Revenue$17.4B+22.2%
Gross profit$6.1B+15.6%
Operating income$3.1B+19.6%
Net income$2.5B+27.2%
EPS (diluted)$5.47+30.2%

Balance sheet

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Cash & equivalents$4.1B+14.3%
Total debt$36.9B+14.2%
Total equity$21.3B+9.4%
Total assets$95.6B+12.4%

Cash flow

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Operating cash flow$1.9B+45.1%
CapEx$728.0M+2.5%
Free cash flow$1.1B+97.2%

Valuation

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Market cap$409.34B+101%
P/E43.4×+21.8×
P/S5.8×+2.6×

Profitability

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Gross margin96.6%-4.4pp
Operating margin16.5%-2.7pp
Net margin13.3%-2.4pp
FCF margin13.4%-0.9pp

Returns & leverage

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Return on equity43.5%-11.8pp
Debt / equity1.7×+0.1×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Caterpillar in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Caterpillar’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Caterpillar's resource industries — cost of goods sold?
Caterpillar (CAT) reported resource industries — cost of goods sold of $2.91B in Q1 2026.
How has Caterpillar's resource industries — cost of goods sold changed year-over-year?
Caterpillar's resource industries — cost of goods sold increased by 11.5% year-over-year, from $2.61B to $2.91B.
What is the long-term trend for Caterpillar's resource industries — cost of goods sold?
Over 3 years (2022 to 2025), Caterpillar's resource industries — cost of goods sold has grown at a 1.4% compound annual growth rate (CAGR), from $9.25B to $9.63B.
What does resource industries — cost of goods sold mean?
Includes all direct costs associated with the manufacturing and delivery of products within the Resource Industries segment, such as raw materials, direct labor, and factory overhead. This metric is critical for assessing the segment's gross margin and manufacturing efficiency. Fluctuations often reflect changes in commodity prices, supply chain costs, or production volume scaling.