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Caterpillar (CAT)
NYSE:CAT
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Caterpillar (CAT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jan 29, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
4.44
Last Year’s EPS
5.14
Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 29, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call highlights Caterpillar's record-breaking sales and revenues, driven by strong demand in Energy & Transportation, and an improved outlook for 2025. However, challenges such as significant tariff impacts and decreased sales in Asia Pacific present notable concerns.
Company Guidance
In the third quarter of 2025, Caterpillar reported robust financial performance, with sales and revenues increasing by 10% year-over-year to a record $17.6 billion, driven primarily by strong demand in the Energy & Transportation segment. The company's backlog also grew significantly by $2.4 billion to reach an all-time high of $39.8 billion, positioning it well for continued growth. Adjusted operating profit margin slightly exceeded expectations at 17.5%, despite facing a headwind from tariffs. The company generated $3.2 billion in ME&T free cash flow and returned approximately $1.1 billion to shareholders through dividends and share repurchases. Sales to users saw a 12% increase, with notable growth in North America and the Energy & Transportation sector, where power generation sales surged by 33% due to heightened demand for reciprocating engines in data centers. Looking ahead, Caterpillar anticipates continued strong sales growth and aims to mitigate the impact of tariffs, which are projected to cost between $1.6 billion and $1.75 billion for the full year.
Record Sales and Revenue Growth
Sales and revenues increased 10% to $17.6 billion, an all-time record for a single quarter. Backlog grew by about $2.4 billion, driven by strong orders in Energy & Transportation.
Strong Performance in Energy & Transportation
Sales to users increased by 25% year-over-year with double-digit growth across all applications. The largest growth came from power generation with a 33% increase.
Positive Free Cash Flow and Shareholder Returns
Generated $3.2 billion of ME&T free cash flow and deployed about $1.1 billion to shareholders through dividends and share repurchases during the quarter.
Improved Outlook for Full Year 2025
Anticipates strong sales growth for the fourth quarter with higher volumes in all three segments. Full year 2025 sales and revenues expected to be higher than previously anticipated.

Caterpillar (CAT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CAT Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jan 29, 2026
2025 (Q4)
4.44 / -
5.14
Oct 29, 2025
2025 (Q3)
4.53 / 4.95
5.17-4.26% (-0.22)
Aug 06, 2025
2025 (Q2)
4.89 / 4.72
5.99-21.20% (-1.27)
Apr 30, 2025
2025 (Q1)
4.35 / 4.25
5.6-24.11% (-1.35)
Jan 30, 2025
2024 (Q4)
5.02 / 5.14
5.23-1.72% (-0.09)
Oct 30, 2024
2024 (Q3)
5.35 / 5.17
5.52-6.34% (-0.35)
Aug 06, 2024
2024 (Q2)
5.56 / 5.99
5.557.93% (+0.44)
Apr 25, 2024
2024 (Q1)
5.14 / 5.60
4.9114.05% (+0.69)
Feb 05, 2024
2023 (Q4)
4.76 / 5.23
3.8635.49% (+1.37)
Oct 31, 2023
2023 (Q3)
4.80 / 5.52
3.9539.75% (+1.57)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CAT Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 06, 2025
$432.99$426.49-1.50%
Apr 30, 2025
$305.40$307.26+0.61%
Jan 30, 2025
$388.80$370.76-4.64%
Oct 30, 2024
$381.74$373.60-2.13%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Caterpillar (CAT) report earnings?
Caterpillar (CAT) is schdueled to report earning on Jan 29, 2026, Before Open (Confirmed).
    What is Caterpillar (CAT) earnings time?
    Caterpillar (CAT) earnings time is at Jan 29, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CAT EPS forecast?
          CAT EPS forecast for the fiscal quarter 2025 (Q4) is 4.44.

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