Filing Flows › Caterpillar (CAT) › R&D spending
Caterpillar (CAT) R&D spending by quarter
Caterpillar's R&D spending was $596M in Q3 2026 (third quarter 2026), -3% from Q2 2026. Over the last 7 quarters it ranged from $480M (Q1 2025) to $616M (Q2 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $596M | -3% | +7% |
| Q2 2026 | $616M | +15% | +12% |
| Q1 2026 | $537M | -4% | +12% |
| Q4 2025 | $562M | +1% | — |
| Q3 2025 | $555M | +0.7% | — |
| Q2 2025 | $551M | +15% | — |
| Q1 2025 | $480M | — | — |
Q3 2026 at a glance
Caterpillar, Q3 2026: revenue $20.7B (+17% year over year), operating margin 20.4%, net earnings $3.3B, operating cash flow $4.4B. The chart follows the revenue to costs, profit and cash.
Questions
What is Caterpillar's R&D spending?
Caterpillar's R&D spending was $596M in Q3 2026 (third quarter 2026), -3% from Q2 2026.
How has Caterpillar's R&D spending changed?
Over the last 7 quarters it ranged from $480M (Q1 2025) to $616M (Q2 2026).