CAT · 8-K · 20260804PR000040
Finance Receivables Activity
CATERPILLAR INC · 2026-08-04 · Importance 37 · Surprise 6 · In source text
Financial Products added $8,084 million of finance receivables and collected $7,278 million during the six months ended June 30, 2025. Consolidated additions to finance receivables were $7,064 million and collections were $6,399 million after consolidating adjustments. Financial Products also received $18 million from sales of finance receivables.
Key facts
- Six months ended June 30, 2026 - additions to finance receivables: $8,639 million, collections of finance receivables: $8,060 million. source
- Financial Products segment revenues in second quarter 2026: $1,145 million, an increase of $103 million, or 10%, compared with $1,042 million in second quarter 2025. source
- Financial Products segment profit in second quarter 2026: $328 million, an increase of $80 million, or 32%, compared with $248 million in second quarter 2025. source
- Additions to finance receivables for the six months ended June 30, 2025: $(7,064) million consolidated; $— Machinery, Power & Energy; $(8,084) million Financial Products; $1,020 million Consolidating Adjustments; $2 (footnote). source
- Collections of finance receivables for the six months ended June 30, 2025: $6,399 million consolidated; $— Machinery, Power & Energy; $7,278 million Financial Products; $(879) million Consolidating Adjustments; $2 (footnote). source
- At the end of the second quarter of 2026, past dues at Cat Financial were 1.31%, compared with 1.62% at the end of the second quarter of 2025. source
- As of June 30, 2026, Cat Financial's allowance for credit losses totaled $294 million, or 0.84% of finance receivables, compared with $283 million, or 0.86% of finance receivables at March 31, 2026. source
- Write-offs, net of recoveries, were $20 million for the second quarter of 2026 compared with $18 million for the second quarter of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +0.5% | Financial Products segment revenues in second quarter 2026: $1,145 million, an increase of $103 million, or 10%, compared with $1,042… |
| operating_income | positive | realized | +0.4% | Financial Products segment profit in second quarter 2026: $328 million, an increase of $80 million, or 32%, compared with $248 million in… |
| assets | positive | realized | — | Six months ended June 30, 2026 - additions to finance receivables: $8,639 million, collections of finance receivables: $8,060 million. |
| cash | positive | realized | — | Six months ended June 30, 2026 - additions to finance receivables: $8,639 million, collections of finance receivables: $8,060 million. |