05:15 PM EDT, 08/28/2025 (MT Newswires) -- Caterpillar ( CAT ) said in a late Thursday regulatory filing it expects the net impact from incremental tariffs of $500 million to $600 million in Q3, and $1.5 billion to $1.8 billion for 2025.

Considering the tariff impact, the company now expects full-year adjusted operating profit margin to be close to the bottom of the target margin range, according to the filing.

The new estimate is not expected to impact the sales and revenue outlook provided in Q2.