Industrials
Separate equipment demand from the financial line — CAT
Consolidated revenue includes a financial-products business as well as equipment activity.
Consolidated revenue includes a financial-products business as well as equipment activity. Dealer inventory movements, end-user sales and price realization are different possible contributors. A reported sales increase should not be described as a matching unit-volume increase without the source bridge. Reporting context Caterpillar reports machinery, power and energy sales as well as financial-products revenue. Its latest results include reported and adjusted operating margins and profit per share. Most recent quarterly earnings results located in official disclosures at the review cutoff. How to read the figures The selected results are for Q3 2026, ended 2026-09-30. Results were released on 2026-10-29 and the source was reviewed on 2026-11-15. Retain each row’s unit, accounting basis and precision note when making comparisons. Analytical boundary This note identifies relationships and questions in the disclosure. It does not establish a cause from one aggregate ratio or predict a security’s future performance. Consult the linked statement and reconciliation for the company’s own definitions.