CAT · 8-K · 20260804PR000040

Operating Cash Flow Trends

CATERPILLAR INC · 2026-08-04 · Importance 33 · Surprise 6 · No source text

Net cash provided by operating activities was $4,411 million for the six months ended June 30, 2025, including $3,862 million from Machinery, Power & Energy and $597 million from Financial Products. Operating cash flow included $1,639 million of cash used for inventories and $1,276 million of cash provided by customer advances. Depreciation and amortization contributed $1,094 million, while deferred income taxes reduced operating cash flow by $110 million.

Key facts

• Six months ended June 30, 2026 - net cash provided by operating activities: $6,241 million, compared with $4,411 million for the six months ended June 30, 2025. source
• Enterprise operating cash flow for the second quarter of 2026 was $4.4 billion. source
• Profit of consolidated and affiliated companies for the six months ended June 30, 2025: $4,182 million consolidated; $3,824 million Machinery, Power & Energy; $358 million Financial Products. source
• Other adjustments to reconcile profit to net cash provided by operating activities: $398 million consolidated; $357 million Machinery, Power & Energy; $(286) million Financial Products; $327 million Consolidating Adjustments; $1 million (unspecified). source
• Net cash provided by (used for) operating activities for the six months ended June 30, 2025: $4,411 million consolidated; $3,862 million Machinery, Power & Energy; $597 million Financial Products; $(48) million Consolidating Adjustments. source

Impact estimates