# CATERPILLAR INC (CAT) FY2025 Annual P&L / Income Statement

- Company: CATERPILLAR INC (CAT)
- Period: 2025-01-01 to 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-13, accession number 0000018230-26-000008
- Page: https://plicit.ai/financials/cat/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/cat-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 67,589,000,000 US dollars
- **Cost of goods sold**: 44,752,000,000 US dollars
- **Gross profit (calculated)**: 22,837,000,000 US dollars
- **Operating expenses (calculated)**: 11,686,000,000 US dollars
- **Operating profit**: 11,151,000,000 US dollars
- **Other income (expense), net (calculated)**: 390,000,000 US dollars
- **Consolidated profit before taxes**: 11,541,000,000 US dollars
- **Provision (benefit) for income taxes**: 2,768,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 8,882,000,000 US dollars
- **Machinery, Power & Energy**: 63,980,000,000 US dollars
- **Financial Products**: 3,609,000,000 US dollars
- **Research and development expenses**: 2,148,000,000 US dollars
- **Other operating (income) expenses**: 1,194,000,000 US dollars
- **Selling, general and administrative expenses**: 6,985,000,000 US dollars
- **Interest expense of Financial Products**: 1,359,000,000 US dollars
- **Equity in profit (loss) of unconsolidated affiliated companies**: 109,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to CATERPILLAR INC: $8.88 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/cat/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/cat-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 67,589,000,000 US dollars
- **Cost of goods sold**: 44,752,000,000 US dollars
- **Gross profit (calculated)**: 22,837,000,000 US dollars
- **Operating expenses (calculated)**: 11,686,000,000 US dollars
- **Operating profit**: 11,151,000,000 US dollars
- **Other income (expense), net (calculated)**: 390,000,000 US dollars
- **Consolidated profit before taxes**: 11,541,000,000 US dollars
- **Provision (benefit) for income taxes**: 2,768,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 8,882,000,000 US dollars
- **Construction Industries**: 25,060,000,000 US dollars
- **Resource Industries**: 12,474,000,000 US dollars
- **Power & Energy**: 32,201,000,000 US dollars
- **Financial Products Segment**: 4,220,000,000 US dollars
- **Other Operating Segment**: 327,000,000 US dollars
- **Research and development expenses**: 2,148,000,000 US dollars
- **Other operating (income) expenses**: 1,194,000,000 US dollars
- **Selling, general and administrative expenses**: 6,985,000,000 US dollars
- **Interest expense of Financial Products**: 1,359,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 74,282,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate Reconciling Items and Eliminations**: negative 6,693,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Equity in profit (loss) of unconsolidated affiliated companies**: 109,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to CATERPILLAR INC: $8.88 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Geography (2 categories)

- Page: https://plicit.ai/financials/cat/fy2025-annual-income-statement/revenue-by-geography-2-categories
- Chart image: https://plicit.ai/charts/cat-fy2025-annual-revenue-by-geography-2-categories-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 67,589,000,000 US dollars
- **Cost of goods sold**: 44,752,000,000 US dollars
- **Gross profit (calculated)**: 22,837,000,000 US dollars
- **Operating expenses (calculated)**: 11,686,000,000 US dollars
- **Operating profit**: 11,151,000,000 US dollars
- **Other income (expense), net (calculated)**: 390,000,000 US dollars
- **Consolidated profit before taxes**: 11,541,000,000 US dollars
- **Provision (benefit) for income taxes**: 2,768,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 8,882,000,000 US dollars
- **UNITED STATES**: 32,880,000,000 US dollars
- **Outside United States**: 34,709,000,000 US dollars
- **Research and development expenses**: 2,148,000,000 US dollars
- **Other operating (income) expenses**: 1,194,000,000 US dollars
- **Selling, general and administrative expenses**: 6,985,000,000 US dollars
- **Interest expense of Financial Products**: 1,359,000,000 US dollars
- **Equity in profit (loss) of unconsolidated affiliated companies**: 109,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to CATERPILLAR INC: $8.88 B; to noncontrolling interests: −$2.00 M.

## Chart details: Revenue by Geography (4 categories)

- Page: https://plicit.ai/financials/cat/fy2025-annual-income-statement/revenue-by-geography-4-categories
- Chart image: https://plicit.ai/charts/cat-fy2025-annual-revenue-by-geography-4-categories-sankey.png

Income statement for 2025-01-01 through 2025-12-31. View: Geography (4 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total sales and revenues**: 67,589,000,000 US dollars
- **Cost of goods sold**: 44,752,000,000 US dollars
- **Gross profit (calculated)**: 22,837,000,000 US dollars
- **Operating expenses (calculated)**: 11,686,000,000 US dollars
- **Operating profit**: 11,151,000,000 US dollars
- **Other income (expense), net (calculated)**: 390,000,000 US dollars
- **Consolidated profit before taxes**: 11,541,000,000 US dollars
- **Provision (benefit) for income taxes**: 2,768,000,000 US dollars
- **Profit of consolidated and affiliated companies**: 8,882,000,000 US dollars
- **North America**: 36,609,000,000 US dollars
- **Latin America**: 6,988,000,000 US dollars
- **EMEA**: 12,793,000,000 US dollars
- **Asia/Pacific**: 11,199,000,000 US dollars
- **Research and development expenses**: 2,148,000,000 US dollars
- **Other operating (income) expenses**: 1,194,000,000 US dollars
- **Selling, general and administrative expenses**: 6,985,000,000 US dollars
- **Interest expense of Financial Products**: 1,359,000,000 US dollars
- **Equity in profit (loss) of unconsolidated affiliated companies**: 109,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Of which attributable to CATERPILLAR INC: $8.88 B; to noncontrolling interests: −$2.00 M.