FINHUB Insights

CAT · Q3 FY25 · Jul 1 – Sep 30, 2025

Caterpillar Q3 FY25: where the revenue came from and where it went

Caterpillar Q3 FY25: revenue $17.6B (+10% year over year). Net profit $2.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 3, 2025 10-Q
Sankey diagram of Caterpillar's income statement for Q3 FY25: revenue of $17.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$17.6B +10% year over year
Gross profit$6.0B 34% margin
Operating profit$3.1B 17% margin
Net profit$2.3B 13% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 17.6 100% +10%
Cost of revenue−11.766%
Gross profit6.034% margin−4pp
R&D−0.63%+0pp
SG&A−1.810%+0pp
Other−0.53%+0pp
Operating profit3.117% margin−2pp
Tax−0.8
Net profit2.313%−2pp
Filing on EDGAR More quarters of CAT

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.