Fundies.
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CATERPILLAR FINANCIAL SERVICES CORPORATION

EDGAR
Current report (8-K) · filed 2026-10-29

Annual consolidated revenue for 2025: about USD 3.634B, using the latest reported figures. The previous period, 2024, was about USD 3.489B.

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Watchlist

Latest quarter

Revenue

991 million USD

2026 Q2 · USD

Exact inputs and evidence

Net margin

14.63%

2026 Q2 · %

Exact inputs and evidence
  • Net Income: 145000000 USD Source
  • Revenue: 991000000 USD Source

Operating cash flow

182 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 411000000 USD Source
  • Operating Cash Flow: 229000000 USD Source
Cash and cash equivalents
708 million USD Source
Exact value

708000000 USD

Long-term debt including current maturities
27.1 billion USD Source
Exact value

27103000000 USD

Shares outstanding
1 shares Source
Exact value

1 shares

Reported share-count change

0.00% · 0 shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 1 shares · 2025-06-30· Source
  • 1 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3.81 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 926000000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 3634000000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 2685000000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 947000000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 991000000 USD · 2026-04-01 – 2026-06-30 Source

Net income

562 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 134000000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 540000000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 401000000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 144000000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 145000000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

759 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 724000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 489000000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 837000000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 724000000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 229000000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 411000000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 229000000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

49 million USD

2024-10-01 – 2025-09-30

Exact inputs and evidence
  • Capital expenditure: 40000000 USD · 2024-01-01 – 2024-12-31 Source
  • Capital expenditure: 24000000 USD · 2024-01-01 – 2024-09-30 Source
  • Capital expenditure: 11000000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 22000000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 11000000 USD · 2025-01-01 – 2025-03-31 Source
  • Capital expenditure: 33000000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 22000000 USD · 2025-01-01 – 2025-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2025-12-31
  • operating income: No compatible figures in this window
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2024-12-31
  • Total assets: 10 of 11 periods available· newest 2025-12-31
  • Total liabilities: 10 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 2 of 11 periods available· newest 2017-12-31
  • Long-term debt including current maturities: 10 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 10 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +4.2%

    Prior period

    USD 3.49 billion

    –

    Current period

    USD 3.63 billion

    –

    Exact inputs and evidence

    3634000000 − 3489000000 = 145000000 USD

    3489000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3634000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -9.7%

    Prior period

    USD 598 million

    –

    Current period

    USD 540 million

    –

    Exact inputs and evidence

    540000000 − 598000000 = -58000000 USD

    598000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    540000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    -30.2%

    Prior period

    USD 1.2 billion

    –

    Current period

    USD 837 million

    –

    Exact inputs and evidence

    837000000 − 1199000000 = -362000000 USD

    1199000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    837000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 3.63 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 540 million 15% of revenue

Cash

  • Operating cash flow USD 837 million 23% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Not shown: operating income or net income is not reported.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-312595000000 UnavailableUnavailableUnavailable384000000 Unavailable
Source
2017 2017-01-01 – 2017-12-312689000000 UnavailableUnavailableUnavailable586000000 1216000000 Derived
Source
2018 2018-01-01 – 2018-12-312847000000 UnavailableUnavailableUnavailable305000000 1179000000 Derived
Source
2019 2019-01-01 – 2019-12-312966000000 UnavailableUnavailableUnavailable410000000 1185000000 Derived
Source
2020 2020-01-01 – 2020-12-312550000000 UnavailableUnavailableUnavailable293000000 1134000000 Derived
Source
2021 2021-01-01 – 2021-12-312562000000 UnavailableUnavailableUnavailable505000000 1175000000 Derived
Source
2022 2022-01-01 – 2022-12-312734000000 UnavailableUnavailableUnavailable535000000 1237000000 Derived
Source
2023 2023-01-01 – 2023-12-313248000000 UnavailableUnavailableUnavailable563000000 784000000 Derived
Source
2024 2024-01-01 – 2024-12-313489000000 UnavailableUnavailableUnavailable598000000 1159000000 Derived
Source
2025 2025-01-01 – 2025-12-313634000000 UnavailableUnavailableUnavailable540000000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.6B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.9B2.9B2.0B981.2M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue2595000000
2017Revenue2689000000
2018Revenue2847000000
2019Revenue2966000000
2020Revenue2550000000
2021Revenue2562000000
2022Revenue2734000000
2023Revenue3248000000
2024Revenue3489000000
2025Revenue3634000000

Revenue growth

Change in revenue from the same financial period one year earlier.

4.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.21.4%11.9%2.4%-7.1%-16.7%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year3.6%
2018Year over year5.9%
2019Year over year4.2%
2020Year over year-14%
2021Year over year0.5%
2022Year over year6.7%
2023Year over year18.8%
2024Year over year7.4%
2025Year over year4.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 14.9% 2025
Free cash flow margin 33.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.50%37%25%12%0%2016-12-312021-12-312025-12-31
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Operating marginNot reported
2017-12-31Operating marginNot reported
2018-12-31Operating marginNot reported
2019-12-31Operating marginNot reported
2020-12-31Operating marginNot reported
2021-12-31Operating marginNot reported
2022-12-31Operating marginNot reported
2023-12-31Operating marginNot reported
2024-12-31Operating marginNot reported
2025-12-31Operating marginNot reported
2016Net margin14.8%
2017Net margin21.8%
2018Net margin10.7%
2019Net margin13.8%
2020Net margin11.5%
2021Net margin19.7%
2022Net margin19.6%
2023Net margin17.3%
2024Net margin17.1%
2025Net margin14.9%
2016Free cash flow marginNot reported
2017Free cash flow margin45.2%
2018Free cash flow margin41.4%
2019Free cash flow margin40%
2020Free cash flow margin44.5%
2021Free cash flow margin45.9%
2022Free cash flow margin45.2%
2023Free cash flow margin24.1%
2024Free cash flow margin33.2%
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 837M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.5B1.1B761.9M381.0M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1411000000
2017Operating cash flow1227000000
2018Operating cash flow1287000000
2019Operating cash flow1205000000
2020Operating cash flow1148000000
2021Operating cash flow1189000000
2022Operating cash flow1255000000
2023Operating cash flow804000000
2024Operating cash flow1199000000
2025Operating cash flow837000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 1.2B 2024
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.3B1.0B668.0M334.0M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flow1216000000
2018Free cash flow1179000000
2019Free cash flow1185000000
2020Free cash flow1134000000
2021Free cash flow1175000000
2022Free cash flow1237000000
2023Free cash flow784000000
2024Free cash flow1159000000
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

91.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.99%74%49%25%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets91.1%
2017Liabilities / assets90.2%
2018Liabilities / assets91.7%
2019Liabilities / assets90.4%
2020Liabilities / assets89.1%
2021Liabilities / assets90.8%
2022Liabilities / assets90.7%
2023Liabilities / assets90.4%
2024Liabilities / assets91.5%
2025Liabilities / assets91.6%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 384 million
Exact value

Exact value: 384000000 USD

2016-01-01 – 2016-12-31: 384000000 USD Inspect Net Income Open source
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USD 1.41 billion
Exact value

Exact value: 1411000000 USD

2016-01-01 – 2016-12-31: 1411000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 586 million
Exact value

Exact value: 586000000 USD

2017-01-01 – 2017-12-31: 586000000 USD Inspect Net Income Open source
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USD 1.23 billion
Exact value

Exact value: 1227000000 USD

2017-01-01 – 2017-12-31: 1227000000 USD Inspect Operating Cash Flow Open source
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USD 11 million
Exact value

Exact value: 11000000 USD

2017-01-01 – 2017-12-31: 11000000 USD Inspect Capital Expenditure Open source
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USD 1.22 billion
Calculation and evidence

1227000000 − 11000000 USD

Exact free cash flow: 1216000000 USD

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2018 2018-01-01 – 2018-12-31
USD 305 million
Exact value

Exact value: 305000000 USD

2018-01-01 – 2018-12-31: 305000000 USD Inspect Net Income Open source
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USD 1.29 billion
Exact value

Exact value: 1287000000 USD

2018-01-01 – 2018-12-31: 1287000000 USD Inspect Operating Cash Flow Open source
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USD 108 million
Exact value

Exact value: 108000000 USD

2018-01-01 – 2018-12-31: 108000000 USD Inspect Capital Expenditure Open source
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USD 1.18 billion
Calculation and evidence

1287000000 − 108000000 USD

Exact free cash flow: 1179000000 USD

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2019 2019-01-01 – 2019-12-31
USD 410 million
Exact value

Exact value: 410000000 USD

2019-01-01 – 2019-12-31: 410000000 USD Inspect Net Income Open source
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USD 1.21 billion
Exact value

Exact value: 1205000000 USD

2019-01-01 – 2019-12-31: 1205000000 USD Inspect Operating Cash Flow Open source
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USD 20 million
Exact value

Exact value: 20000000 USD

2019-01-01 – 2019-12-31: 20000000 USD Inspect Capital Expenditure Open source
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USD 1.19 billion
Calculation and evidence

1205000000 − 20000000 USD

Exact free cash flow: 1185000000 USD

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2020 2020-01-01 – 2020-12-31
USD 293 million
Exact value

Exact value: 293000000 USD

2020-01-01 – 2020-12-31: 293000000 USD Inspect Net Income Open source
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USD 1.15 billion
Exact value

Exact value: 1148000000 USD

2020-01-01 – 2020-12-31: 1148000000 USD Inspect Operating Cash Flow Open source
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USD 14 million
Exact value

Exact value: 14000000 USD

2020-01-01 – 2020-12-31: 14000000 USD Inspect Capital Expenditure Open source
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USD 1.13 billion
Calculation and evidence

1148000000 − 14000000 USD

Exact free cash flow: 1134000000 USD

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2021 2021-01-01 – 2021-12-31
USD 505 million
Exact value

Exact value: 505000000 USD

2021-01-01 – 2021-12-31: 505000000 USD Inspect Net Income Open source
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USD 1.19 billion
Exact value

Exact value: 1189000000 USD

2021-01-01 – 2021-12-31: 1189000000 USD Inspect Operating Cash Flow Open source
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USD 14 million
Exact value

Exact value: 14000000 USD

2021-01-01 – 2021-12-31: 14000000 USD Inspect Capital Expenditure Open source
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USD 1.18 billion
Calculation and evidence

1189000000 − 14000000 USD

Exact free cash flow: 1175000000 USD

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2022 2022-01-01 – 2022-12-31
USD 535 million
Exact value

Exact value: 535000000 USD

2022-01-01 – 2022-12-31: 535000000 USD Inspect Net Income Open source
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USD 1.26 billion
Exact value

Exact value: 1255000000 USD

2022-01-01 – 2022-12-31: 1255000000 USD Inspect Operating Cash Flow Open source
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USD 18 million
Exact value

Exact value: 18000000 USD

2022-01-01 – 2022-12-31: 18000000 USD Inspect Capital Expenditure Open source
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USD 1.24 billion
Calculation and evidence

1255000000 − 18000000 USD

Exact free cash flow: 1237000000 USD

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2023 2023-01-01 – 2023-12-31
USD 563 million
Exact value

Exact value: 563000000 USD

2023-01-01 – 2023-12-31: 563000000 USD Inspect Net Income Open source
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USD 804 million
Exact value

Exact value: 804000000 USD

2023-01-01 – 2023-12-31: 804000000 USD Inspect Operating Cash Flow Open source
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USD 20 million
Exact value

Exact value: 20000000 USD

2023-01-01 – 2023-12-31: 20000000 USD Inspect Capital Expenditure Open source
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USD 784 million
Calculation and evidence

804000000 − 20000000 USD

Exact free cash flow: 784000000 USD

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2024 2024-01-01 – 2024-12-31
USD 598 million
Exact value

Exact value: 598000000 USD

2024-01-01 – 2024-12-31: 598000000 USD Inspect Net Income Open source
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USD 1.2 billion
Exact value

Exact value: 1199000000 USD

2024-01-01 – 2024-12-31: 1199000000 USD Inspect Operating Cash Flow Open source
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USD 40 million
Exact value

Exact value: 40000000 USD

2024-01-01 – 2024-12-31: 40000000 USD Inspect Capital Expenditure Open source
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USD 1.16 billion
Calculation and evidence

1199000000 − 40000000 USD

Exact free cash flow: 1159000000 USD

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2025 2025-01-01 – 2025-12-31
USD 540 million
Exact value

Exact value: 540000000 USD

2025-01-01 – 2025-12-31: 540000000 USD Inspect Net Income Open source
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USD 837 million
Exact value

Exact value: 837000000 USD

2025-01-01 – 2025-12-31: 837000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

156 filings · 4,937 latest values · 4,937 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000764764, 764764, CAT /29, CAT/24, CAT/29, edgar:764764

Also known as CATERPILLAR FINANCIAL SERVICES CORP, CATERPILLAR FINANCIAL SERVICES CORPORATION