Caterpillar Inc. reported total sales and revenues of $48.5 billion for the nine months ended September 30, 2025, a decrease of $0.1 billion from $48.6 billion in the same period of 2024. The decrease was mainly due to unfavorable price realization of $0.9 billion and negative currency impacts of $0.1 billion, partially offset by a $0.7 billion increase in sales volume and $0.1 billion higher Financial Products revenues. Profit margin for the third quarter of 2025 was 17.5 percent, down from 20.0 percent in the third quarter of 2024. Caterpillar ended the third quarter of 2025 with $7.5 billion in enterprise cash. Sales were higher in Energy & Transportation and lower in Construction Industries and Resource Industries.
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