AI brief of an SEC Form 8-K · Caterpillar (CAT)

Caterpillar Q4 sales rise 18% to $19.1 billion; profit per share falls to $5.12

Mixed Impact 3 of 5 earnings Written later

Caterpillar reported fourth-quarter 2025 sales and revenues of $19.1 billion, up 18% from a year earlier, while GAAP profit per share fell to $5.12 from $5.78. For full-year 2025, sales and revenues reached a record $67.6 billion, but GAAP profit per share declined to $18.81 from $22.05, so shareholders see higher sales alongside lower profit.

Key points

  • Q4 2025 sales and revenues were $19.1 billion, up 18% from $16.2 billion in Q4 2024.
  • Q4 2025 profit per share was $5.12 versus $5.78; adjusted profit per share was $5.16 versus $5.14.
  • Full-year 2025 profit per share was $18.81 versus $22.05; adjusted profit per share was $19.06 versus $21.90.
  • Full-year 2025 enterprise operating cash flow was $11.7 billion, and the company deployed $7.9 billion for share repurchases and dividends.

The filing

CompanyCaterpillar (CAT)
Form8-K, current report
Filed with the SECJan 29, 2026, 6:31 AM ET
Accession number0000018230-26-000003

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.