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Side-by-side financial comparison of Apple Inc. (AAPL) and Caterpillar Inc. (CAT). Click either name above to swap in a different company.
Apple Inc. is the larger business by last-quarter revenue ($111.2B vs $85.0B, roughly 1.3× Caterpillar Inc.). On growth, Apple Inc. posted the faster year-over-year revenue change (16.6% vs -17.7%). Over the past eight quarters, Caterpillar Inc.'s revenue compounded faster (125.7% CAGR vs 13.9%).
Apple Inc. is an American multinational technology company headquartered in Cupertino, California, in Silicon Valley, best known for its consumer electronics, software and online services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. It was renamed to its current name in 2007 as the company had expanded its focus from computers to consumer electronics. Apple...
Caterpillar Inc. is an American construction, mining, and other engineering equipment manufacturer. The company is the world's largest manufacturer of construction equipment. In 2018, Caterpillar was ranked number 73 on the Fortune 500 list and number 265 on the Global Fortune 500 list. Caterpillar stock is a component of the Dow Jones Industrial Average.
AAPL vs CAT — Head-to-Head
Income Statement — Q2 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $111.2B | $85.0B |
| Net Profit | $29.6B | — |
| Gross Margin | 49.3% | 89.5% |
| Operating Margin | 32.3% | 3.0% |
| Net Margin | 26.6% | — |
| Revenue YoY | 16.6% | -17.7% |
| Net Profit YoY | 19.4% | — |
| EPS (diluted) | $2.01 | $4.20 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $111.2B | $85.0B | ||
| Q4 25 | $143.8B | $19.1B | ||
| Q3 25 | $102.5B | $17.6B | ||
| Q2 25 | $94.0B | $16.6B | ||
| Q1 25 | $95.4B | $14.2B | ||
| Q4 24 | $124.3B | $16.2B | ||
| Q3 24 | $94.9B | $16.1B | ||
| Q2 24 | $85.8B | $16.7B |
| Q1 26 | $29.6B | — | ||
| Q4 25 | $42.1B | $2.4B | ||
| Q3 25 | $27.5B | $2.3B | ||
| Q2 25 | $23.4B | $2.2B | ||
| Q1 25 | $24.8B | $2.0B | ||
| Q4 24 | $36.3B | $2.8B | ||
| Q3 24 | $14.7B | $2.5B | ||
| Q2 24 | $21.4B | $2.7B |
| Q1 26 | 49.3% | 89.5% | ||
| Q4 25 | 48.2% | 30.5% | ||
| Q3 25 | 47.2% | 33.8% | ||
| Q2 25 | 46.5% | 34.8% | ||
| Q1 25 | 47.1% | 37.1% | ||
| Q4 24 | 46.9% | 36.3% | ||
| Q3 24 | 46.2% | 37.5% | ||
| Q2 24 | 46.3% | 39.2% |
| Q1 26 | 32.3% | 3.0% | ||
| Q4 25 | 35.4% | 13.9% | ||
| Q3 25 | 31.6% | 17.3% | ||
| Q2 25 | 30.0% | 17.3% | ||
| Q1 25 | 31.0% | 18.1% | ||
| Q4 24 | 34.5% | 18.0% | ||
| Q3 24 | 31.2% | 19.5% | ||
| Q2 24 | 29.6% | 20.9% |
| Q1 26 | 26.6% | — | ||
| Q4 25 | 29.3% | 12.5% | ||
| Q3 25 | 26.8% | 13.0% | ||
| Q2 25 | 24.9% | 13.2% | ||
| Q1 25 | 26.0% | 14.1% | ||
| Q4 24 | 29.2% | 17.2% | ||
| Q3 24 | 15.5% | 15.3% | ||
| Q2 24 | 25.0% | 16.1% |
| Q1 26 | $2.01 | $4.20 | ||
| Q4 25 | $2.84 | $5.11 | ||
| Q3 25 | $1.84 | $4.88 | ||
| Q2 25 | $1.57 | $4.62 | ||
| Q1 25 | $1.65 | $4.20 | ||
| Q4 24 | $2.40 | $5.76 | ||
| Q3 24 | $0.97 | $5.06 | ||
| Q2 24 | $1.40 | $5.48 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $45.6B | $10.0M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $106.5B | $21.3M |
| Total Assets | $371.1B | $98.6M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $45.6B | $10.0M | ||
| Q4 25 | $66.9B | $10.0B | ||
| Q3 25 | $54.7B | $7.5B | ||
| Q2 25 | $55.4B | $5.4B | ||
| Q1 25 | $48.5B | $3.6B | ||
| Q4 24 | $53.8B | $6.9B | ||
| Q3 24 | $65.2B | $5.6B | ||
| Q2 24 | $61.8B | $4.3B |
| Q1 26 | — | $0 | ||
| Q4 25 | $88.5B | — | ||
| Q3 25 | $90.7B | — | ||
| Q2 25 | $91.8B | — | ||
| Q1 25 | $92.2B | — | ||
| Q4 24 | $94.8B | — | ||
| Q3 24 | $96.7B | — | ||
| Q2 24 | $98.3B | — |
| Q1 26 | $106.5B | $21.3M | ||
| Q4 25 | $88.2B | $21.3B | ||
| Q3 25 | $73.7B | $20.7B | ||
| Q2 25 | $65.8B | $18.7B | ||
| Q1 25 | $66.8B | $18.1B | ||
| Q4 24 | $66.8B | $19.5B | ||
| Q3 24 | $57.0B | $19.4B | ||
| Q2 24 | $66.7B | $17.1B |
| Q1 26 | $371.1B | $98.6M | ||
| Q4 25 | $379.3B | $98.6B | ||
| Q3 25 | $359.2B | $93.7B | ||
| Q2 25 | $331.5B | $90.3B | ||
| Q1 25 | $331.2B | $85.0B | ||
| Q4 24 | $344.1B | $87.8B | ||
| Q3 24 | $365.0B | $86.3B | ||
| Q2 24 | $331.6B | $83.3B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | 1.00× | — | ||
| Q3 25 | 1.23× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | 1.38× | — | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.70× | — | ||
| Q2 24 | 1.47× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAPL
| iPhone | $57.0B | 51% |
| Services | $31.0B | 28% |
| Mac | $8.4B | 8% |
| Wearables, Home and Accessories | $7.9B | 7% |
| iPad | $6.9B | 6% |
CAT
Segment breakdown not available.
