Filing Flows › Financials › Caterpillar Financial Services
Caterpillar Financial Services earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026
Q3 2026 Revenue up 10% year over year to $1.0B · 14¢ of every $1 of revenue kept as net profit · operating margin 19.8%
Caterpillar Financial Services made $1.0B in Q3 2026 (+10% Y/Y). Operating margin 19.8%, net earnings $145M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $1.0B in Q3 2026, up 10% year over year and up 3% from the previous quarter.
Operating profit was $0.20B, a 19.8% margin (down 0.5 points year over year). Of the extra revenue versus Q3 2025, 15% reached operating profit, below the 20% margin then. Total costs grew 11% against revenue growth of 10%. The fastest-growing cost line was Other operating costs (+15%). Net earnings were $0.14B, up 8% year over year. The effective tax rate was 25.3%.
Operating cash flow was $0.36B (up 54% year over year), 249% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization. Working capital and other items added $0.03B. Capital expenditures of $0.01B left free cash flow of $0.36B.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $1.0B | +10% | 19.8% | $145M | $361M |
| Q2 2026 | 10-Q | Aug 5, 2026 | $991M | +10% | 21.7% | $145M | $182M |
| Q1 2026 | 10-Q | May 6, 2026 | $947M | +10% | 21.0% | $144M | $229M |
| Q4 2025 | 10-K | Feb 13, 2026 | $949M | +8% | 20.8% | $139M | $113M |
| Q3 2025 | 10-Q | Nov 3, 2025 | $926M | +4% | 20.3% | $134M | $235M |
| Q2 2025 | 10-Q | Aug 6, 2025 | $899M | +4% | 20.6% | $137M | $246M |
| Q1 2025 | 10-Q | May 7, 2025 | $860M | +0.8% | 20.6% | $130M | $243M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Buys from
Caterpillar Financial Services against its Miscellaneous Business Credit Institution peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +10% against the peers' median +10%. Operating margin: 19.8% against the peers' median 24.6%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| Caterpillar Financial Services | Q3 2026 | $1.0B | +10% | 19.8% |
| Ford Motor Credit Co LLC | Q3 2026 | $3.6B | +2% | 84.7% |
| CNH Industrial Capital LLC | Q2 2026 | $325M | -2% | 24.6% |
| SPFX Standard Premium Finance Holdings | Q2 2026 | $3.5M | +11% | 14.2% |
Source: Caterpillar Financial Services 10-Q on SEC EDGAR · CIK 764764 · Miscellaneous Business Credit Institution