Caterpillar Defies Tariffs and Achieves Record Revenue in Q3 2025
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Caterpillar, Inc. (NYSE: CAT) achieved a record revenue of $17.6 billion in Q3 2025, representing a 10% increase compared to the previous year. The order backlog also reached an all-time high of $39.8 billion. The growth is primarily driven by strong demand across all three main segments: Construction Industries, Resource Industries, and Energy & Transportation. Notably, the energy division impressed with a revenue increase of 17% and a profit rise of $245 million. Despite the strong demand, rising manufacturing costs and higher tariffs pressure...
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