CAT · 10-Q · 2026Q3 · Full report
Headcount / Restructuring
CATERPILLAR INC · 2026-11-04 · Importance 46 · Surprise 42 · In source text
Caterpillar expects approximately $300 million of restructuring costs in 2026. Prior restructuring actions are expected to reduce operating costs, primarily cost of goods sold and SG&A, by about $48 million in 2026 compared with 2025. The nine-month results also included a $139 million loss on the divestiture of certain non-U.S. entities, for which no related tax benefit was recorded.
Key facts
- Caterpillar expects about $300 million of restructuring costs in 2026. source
- Caterpillar expects prior restructuring actions to reduce operating costs by about $48 million in 2026 compared with 2025, primarily in Cost of goods sold and SG&A expenses. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -1.2% | Caterpillar expects about $300 million of restructuring costs in 2026. |
| operating_income | positive | committed | +0.2% | Caterpillar expects prior restructuring actions to reduce operating costs by about $48 million in 2026 compared with 2025, primarily in… |