Income Before Tax

Pre-Tax Income

Caterpillar Pre-Tax Income increased by 6.1% to $3.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 24.9%, from $2.57B to $3.21B. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 8.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.

Detailed definition

A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...

Peer comparison

Used to compare companies across different tax jurisdictions to see who generates more raw profit.

Metric ID: income_before_tax

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.87B$1.78B$2.56B$2.00B$2.10B$2.56B$2.10B$2.63B$3.65B$3.52B$3.25B$3.53B$3.50B$3.10B$3.24B$2.57B$2.82B$3.13B$3.03B$3.21B
QoQ Change-5.1%+44.3%-22.0%+4.9%+22.0%-17.9%+25.5%+38.6%-3.8%-7.6%+8.7%-0.9%-11.5%+4.7%-20.8%+9.6%+11.0%-3.2%+6.1%
YoY Change+12.1%+44.1%-18.1%+31.8%+74.2%+37.4%+54.8%+34.1%-4.2%-11.9%-0.2%-27.2%-19.5%+0.9%-6.7%+24.9%
Range$1.78B$3.65B
CAGR+12.1%
Avg YoY Growth+14.2%
Median YoY Growth+6.5%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Construction Industries$1.74B$1.49B$1.17B$1.02B$1.24B$1.38B$1.03B$1.54B
Power & Energy$1.45B
Resource Industries$718.00M$619.00M$466.00M$599.00M$537.00M$499.00M$353.00M$378.00M
Financial Products Segment$227.00M$246.00M$166.00M$215.00M$248.00M$241.00M$262.00M$245.00M
All Other Segment-$21.00M-$5.00M-$6.00M-$43.00M
Energyand Transportation$1.53B$1.43B$1.48B$1.31B$1.59B$1.68B
Total$3.50B$3.10B$3.24B$2.57B$2.82B$3.13B$3.03B$3.21B

Energyand Transportation was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Caterpillar's pre-tax income?
Caterpillar (CAT) reported pre-tax income of $3.21B in Q1 2026.
How has Caterpillar's pre-tax income changed year-over-year?
Caterpillar's pre-tax income increased by 24.9% year-over-year, from $2.57B to $3.21B.
What is the long-term trend for Caterpillar's pre-tax income?
Over 4 years (2021 to 2025), Caterpillar's pre-tax income has grown at a 8.9% compound annual growth rate (CAGR), from $8.20B to $11.54B.
What does pre-tax income mean?
The total profit a company made before paying its income taxes.