Caterpillar Releases 2025 Annual Report, Service Revenue Reaches $24 Billion
2026-05-14 16:15
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en.Wedoany.com Reported - Caterpillar Inc. has released its 2025 Annual Report and Sustainability Report, a year that marks the company's 100th anniversary. The report shows that Caterpillar's service revenue reached $24 billion in 2025. Meanwhile, the company expanded its fleet of autonomous haul trucks to 827 units and deployed multiple safety technologies, including collision warning systems, Cat Payload, and VisionLink. The annual report also mentions artificial intelligence (AI) enabled tools, including a recently launched AI assistant, which aligns with the company's "Building the Workforce of the Future Challenge" initiative introduced at CES 2026 to address the skills gap in integrating AI and digital systems.

These two reports review the 2025 performance while also looking ahead, highlighting Caterpillar's progress toward its 2030 sustainability goals. The company claims to have met or exceeded its 2025 targets in several key areas. However, the largest gap remains in employee health and safety: Caterpillar aims to reduce its Recordable Injury Frequency (RIF) by 50% by 2030 compared to the 2018 baseline, but as of 2025, only a 23% reduction has been achieved.

Chief Sustainability and Strategy Officer Eban Kloss stated: "By combining advanced technology with integrated services and a broad range of power and equipment solutions, we are helping customers improve productivity, reduce emissions, and create value throughout the entire lifecycle of their operations." Overall, the reports show that Caterpillar is balancing its historical legacy while maintaining a steadfast focus on its future direction.

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