Cost of revenue · 2016–2025

Caterpillar cost of revenue

$44.8B+11.3% · FY2025

Caterpillar (CAT) reported $44.8B in cost of revenue for fiscal 2025, +11.3% year on year.

$28.0B2016$31.3B2017$37.0B2018$36.6B2019$29.1B2020$35.5B2021$41.4B2022$42.8B2023$40.2B2024$44.8B2025
Caterpillar — Cost of revenue, 2016–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$44.8B+11.3%Open →
FY20242024-12-31$40.2B−6.0%Open →
FY20232023-12-31$42.8B+3.4%Open →
FY20222022-12-31$41.4B+16.4%Open →
FY20212021-12-31$35.5B+22.1%Open →
FY20202020-12-31$29.1B−20.6%Open →
FY20192019-12-31$36.6B−1.0%Open →
FY20182018-12-31$37.0B+18.4%Open →
FY20172017-12-31$31.3B+11.5%Open →
FY20162016-12-31$28.0B—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +5.3%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Caterpillar cost of revenue |url=https://companiesranked.com/en/company/caterpillar/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Caterpillar cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/caterpillar/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-caterpillar-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Caterpillar cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/caterpillar/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0000018230-26-000008 · February 13, 2026

{{cite web |title=Caterpillar cost of revenue — 10-K (0000018230-26-000008) |url=https://www.sec.gov/Archives/edgar/data/18230/000001823026000008/cat-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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