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CATERPILLAR INC FY 2025 10-K, explained in plain English

CAT · 10-K for the period ending December 31, 2025, filed February 13, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$67.6B
Gross margin— not reported
Operating income$11.2B
Net income— not reported
Diluted EPS$18.81
Cash & equivalents$10.0B
Total assets$98.6B
Long-term debt$30.7B

Key takeaway

Caterpillar reported $67.6 billion in revenue and $11.15 billion in operating income for fiscal 2025.

🔒 4 more takeaways in the full analysis

Beneath the surface

Cash and equivalents of $9.98 billion plus available-for-sale securities of $3.55 billion (about $13.5 billion in liquid assets) contrast with $30.7 billion in long-term debt, indicating a substantial net debt position not obvious from the cash figure alone.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for CAT.

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