Caterpillar (CAT) Revenue — Quarter Ended Sep 30, 2023
The reported revenue decreased from the immediately preceding quarter but increased compared to the same quarter one year earlier. This mixed directional movement reflects a sequential contraction against a year-over-year expansion.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
The reported revenue decreased from the immediately preceding quarter but increased compared to the same quarter one year earlier. This mixed directional movement reflects a sequential contraction against a year-over-year expansion.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$16.8B
Revenue reported for this quarter.
Quarter-over-quarter
-2.9%
Change from the immediately preceding quarter.
Year-over-year
+12.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$66.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $16.6B | +20.3% |
| Mar 31, 2023 | $15.9B | +16.7% |
| Jun 30, 2023 | $17.3B | +21.6% |
| Sep 30, 2023 | $16.8B | +12.1% |
Revenue performance
Revenue declined from the prior quarter, reversing the growth seen in the preceding period. The year-over-year comparison shows a higher revenue level than the same quarter last year.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was lower. Against the same quarter one year earlier, revenue was higher.
What to watch
The sequential decline marks a reversal from the prior quarter's growth, which may be monitored for persistence.