Revenue

Subscription Revenue

Caterpillar Subscription Revenue remained flat by 0.0% to $118.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.5%, from $110.00M to $118.25M. Over 4 years (FY 2021 to FY 2025), Subscription Revenue shows relatively stable performance with a -0.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionRevenue
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2025Feb 13, 2026
Parent metricTotal Revenue

How to read this metric

Growth in this metric signals successful digital transformation and increased customer stickiness through recurring service models.

Detailed definition

Revenue derived from recurring service contracts, software-as-a-service (SaaS) offerings, or digital monitoring solution...

Peer comparison

Standard metric for companies transitioning from hardware-only sales to service-based or digital business models.

Metric ID: subscription_revenue

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$485.00M$430.00M$420.00M$440.00M$473.00M
YoY Change-11.3%-2.3%+4.8%+7.5%
% of Total Revenue1.0%0.7%0.6%0.7%0.7%
Share Change-0.2pp-0.1pp+0.1pp+0.0pp
Range$420.00M$485.00M
CAGR-0.6%
Avg YoY Growth-0.4%
Median YoY Growth+1.2%
Current Streak2 years growth

Frequently Asked Questions

What is Caterpillar's subscription revenue?
Caterpillar (CAT) reported subscription revenue of $118.25M in Q4 2025.
How has Caterpillar's subscription revenue changed year-over-year?
Caterpillar's subscription revenue increased by 7.5% year-over-year, from $110.00M to $118.25M.
What is the long-term trend for Caterpillar's subscription revenue?
Over 4 years (2021 to 2025), Caterpillar's subscription revenue has grown at a -0.6% compound annual growth rate (CAGR), from $485.00M to $473.00M.
What does subscription revenue mean?
Revenue generated from recurring service or software subscriptions.