Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
648.48
+0.65 (0.10%)
At close: Jul 17, 2026, 4:00 PM EDT
652.50
+4.02 (0.62%)
After-hours: Jul 17, 2026, 7:59 PM EDT
Cummins Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 3, 2021 | Jul '21 Jul 4, 2021 |
| 8,398 | 8,536 | 8,317 | 8,643 | 8,174 | 8,447 | 8,456 | 8,796 | 8,403 | 8,543 | 8,431 | 8,638 | 8,453 | 7,770 | 7,333 | 6,586 | 6,385 | 5,850 | 5,968 | 6,111 | |
Revenue Growth (YoY) | 2.74% | 1.05% | -1.64% | -1.74% | -2.73% | -1.12% | 0.30% | 1.83% | -0.59% | 9.95% | 14.97% | 31.16% | 32.39% | 32.82% | 22.87% | 7.77% | 4.81% | 0.34% | 16.61% | 58.65% |
Cost of Revenue | 6,155 | 6,585 | 6,188 | 6,362 | 6,019 | 6,413 | 6,285 | 6,603 | 6,362 | 6,542 | 6,360 | 6,490 | 6,424 | 5,951 | 5,691 | 4,860 | 4,853 | 4,533 | 4,554 | 4,633 |
Gross Profit | 2,243 | 1,951 | 2,129 | 2,281 | 2,155 | 2,034 | 2,171 | 2,193 | 2,041 | 2,001 | 2,071 | 2,148 | 2,029 | 1,819 | 1,642 | 1,726 | 1,532 | 1,317 | 1,414 | 1,478 |
Selling, General & Admin | 845 | 786 | 789 | 779 | 771 | 801 | 807 | 828 | 839 | 876 | 831 | 873 | 753 | 742 | 708 | 622 | 615 | 629 | 571 | 600 |
Research & Development | 358 | 350 | 345 | 357 | 344 | 356 | 359 | 379 | 369 | 390 | 376 | 384 | 350 | 333 | 348 | 299 | 298 | 288 | 266 | 276 |
Other Operating Expenses | 91 | 2 | 143 | -81 | -94 | 145 | -45 | -59 | -90 | 1,947 | -86 | -106 | -100 | -58 | -40 | -92 | 15 | -95 | -89 | -133 |
Total Operating Expenses | 1,294 | 1,138 | 1,277 | 1,055 | 1,021 | 1,302 | 1,121 | 1,148 | 1,118 | 3,213 | 1,121 | 1,151 | 1,003 | 1,017 | 1,016 | 829 | 928 | 822 | 748 | 743 |
Operating Income | 949 | 813 | 852 | 1,226 | 1,134 | 732 | 1,050 | 1,045 | 923 | -1,212 | 950 | 997 | 1,026 | 802 | 626 | 897 | 604 | 495 | 666 | 735 |
Interest Expense | -76 | -82 | -83 | -87 | -77 | -89 | -83 | -109 | -89 | -92 | -97 | -99 | -87 | -87 | -61 | -34 | -17 | -26 | -28 | -29 |
Other Non-Operating Income (Expense) | 61 | 60 | 61 | 86 | 60 | 19 | 76 | 41 | 1,387 | 74 | 25 | 51 | 90 | 63 | 43 | -8 | -9 | 45 | 37 | 73 |
Total Non-Operating Income (Expense) | -15 | -22 | -22 | -1 | -17 | -70 | -7 | -68 | 1,298 | -18 | -72 | -48 | 3 | -24 | -18 | -42 | -26 | 19 | 9 | 44 |
Pretax Income | 934 | 791 | 830 | 1,225 | 1,117 | 662 | 1,043 | 977 | 2,221 | -1,230 | 878 | 949 | 1,029 | 778 | 608 | 855 | 578 | 514 | 675 | 779 |
Provision for Income Taxes | 254 | 171 | 271 | 297 | 267 | 217 | 200 | 225 | 193 | 163 | 188 | 212 | 223 | 134 | 199 | 148 | 155 | 114 | 134 | 167 |
Net Income | 680 | 620 | 559 | 928 | 850 | 445 | 843 | 752 | 2,028 | -1,393 | 690 | 737 | 806 | 644 | 409 | 707 | 423 | 400 | 541 | 612 |
Minority Interest in Earnings | 26 | 27 | 23 | 38 | 26 | 27 | 34 | 26 | 35 | 38 | 34 | 17 | 16 | 13 | 9 | 5 | 5 | 6 | 7 | 12 |
Net Income to Common | 654 | 593 | 536 | 890 | 824 | 418 | 809 | 726 | 1,993 | -1,431 | 656 | 720 | 790 | 631 | 400 | 702 | 418 | 394 | 534 | 600 |
Net Income Growth | -20.63% | 41.87% | -33.75% | 22.59% | -58.66% | - | 23.32% | 0.83% | 152.28% | - | 64.00% | 2.56% | 89.00% | 60.15% | -25.09% | 17.00% | -30.68% | -21.36% | 6.59% | 117.39% |
Shares Outstanding (Basic) | 138 | 138 | 138 | 138 | 138 | 137 | 137 | 137 | 141 | 142 | 142 | 142 | 142 | 141 | 141 | 141 | 142 | 143 | 144 | 145 |
Shares Outstanding (Diluted) | 139 | 139 | 139 | 139 | 138 | 138 | 138 | 138 | 142 | 143 | 143 | 143 | 142 | 142 | 142 | 142 | 143 | 144 | 145 | 147 |
Shares Change (YoY) | 0.36% | 0.43% | 0.51% | 0.43% | -2.67% | -3.15% | -3.29% | -3.23% | -0.21% | 0.42% | 0.56% | 0.35% | -0.49% | -1.25% | -1.87% | -3.07% | -3.51% | -3.09% | -2.82% | -1.01% |
EPS (Basic) | 4.73 | 4.29 | 3.88 | 6.46 | 5.99 | 3.04 | 5.90 | 5.30 | 14.10 | -10.08 | 4.63 | 5.08 | 5.58 | 4.47 | 2.83 | 4.97 | 2.94 | 2.76 | 3.72 | 4.14 |
EPS (Diluted) | 4.71 | 4.27 | 3.86 | 6.43 | 5.96 | 3.02 | 5.86 | 5.26 | 14.03 | -10.08 | 4.59 | 5.05 | 5.55 | 4.43 | 2.82 | 4.94 | 2.92 | 2.73 | 3.69 | 4.10 |
EPS Growth | -20.97% | 41.39% | -34.13% | 22.24% | -57.52% | - | 27.67% | 4.16% | 152.79% | - | 62.77% | 2.23% | 90.07% | 62.27% | -23.58% | 20.49% | -28.26% | -18.75% | 9.82% | 120.43% |
Free Cash Flow | 120 | 990 | 1,007 | 554 | -165 | 882 | 381 | -1,091 | 107 | 940 | 1,249 | 262 | 302 | 354 | 180 | 452 | 60 | 360 | 419 | 491 |
Free Cash Flow Growth | - | 12.25% | 164.30% | - | - | -6.17% | -69.50% | - | -64.57% | 165.54% | 593.89% | -42.03% | 403.33% | -1.67% | -57.04% | -7.94% | -76.19% | -59.18% | -62.15% | - |
Free Cash Flow Per Share | 0.86 | 7.12 | 7.26 | 4.00 | -1.19 | 6.37 | 2.76 | -7.91 | 0.75 | 6.58 | 8.75 | 1.84 | 2.12 | 2.49 | 1.27 | 3.18 | 0.42 | 2.50 | 2.90 | 3.35 |
Dividends Per Share | 2.000 | 2.000 | 2.000 | 1.820 | 1.820 | 1.820 | 1.820 | 1.680 | 1.680 | 1.680 | 1.680 | 1.570 | 1.570 | 1.570 | 1.570 | 1.450 | 1.450 | 1.450 | 1.450 | 1.350 |
Dividend Growth | 9.89% | 9.89% | 9.89% | 8.33% | 8.33% | 8.33% | 8.33% | 7.01% | 7.01% | 7.01% | 7.01% | 8.28% | 8.28% | 8.28% | 8.28% | 7.41% | 7.41% | 7.41% | 10.60% | 2.97% |
Gross Margin | 26.71% | 22.86% | 25.60% | 26.39% | 26.36% | 24.08% | 25.67% | 24.93% | 24.29% | 23.42% | 24.56% | 24.87% | 24.00% | 23.41% | 22.39% | 26.21% | 23.99% | 22.51% | 23.69% | 24.19% |
Operating Margin | 11.30% | 9.52% | 10.24% | 14.18% | 13.87% | 8.67% | 12.42% | 11.88% | 10.98% | -14.19% | 11.27% | 11.54% | 12.14% | 10.32% | 8.54% | 13.62% | 9.46% | 8.46% | 11.16% | 12.03% |
Profit Margin | 8.10% | 7.26% | 6.72% | 10.74% | 10.40% | 5.27% | 9.97% | 8.55% | 24.13% | -16.31% | 8.18% | 8.53% | 9.54% | 8.29% | 5.58% | 10.73% | 6.62% | 6.84% | 9.07% | 10.01% |
FCF Margin | 1.43% | 11.60% | 12.11% | 6.41% | -2.02% | 10.44% | 4.51% | -12.40% | 1.27% | 11.00% | 14.81% | 3.03% | 3.57% | 4.56% | 2.45% | 6.86% | 0.94% | 6.15% | 7.02% | 8.03% |
EBITDA | 1,231 | 1,093 | 1,129 | 1,505 | 1,403 | 1,003 | 1,316 | 1,308 | 1,188 | -948 | 1,207 | 1,254 | 1,272 | 1,042 | 842 | 1,064 | 765 | 660 | 826 | 902 |
EBITDA Margin | 14.66% | 12.80% | 13.57% | 17.41% | 17.16% | 11.87% | 15.56% | 14.87% | 14.14% | -11.10% | 14.32% | 14.52% | 15.05% | 13.41% | 11.48% | 16.16% | 11.98% | 11.28% | 13.84% | 14.76% |
EBIT | 949 | 813 | 852 | 1,226 | 1,134 | 732 | 1,050 | 1,045 | 923 | -1,212 | 950 | 997 | 1,026 | 802 | 626 | 897 | 604 | 495 | 666 | 735 |
EBIT Margin | 11.30% | 9.52% | 10.24% | 14.18% | 13.87% | 8.67% | 12.42% | 11.88% | 10.98% | -14.19% | 11.27% | 11.54% | 12.14% | 10.32% | 8.54% | 13.62% | 9.46% | 8.46% | 11.16% | 12.03% |
Effective Tax Rate | 27.19% | 21.62% | 32.65% | 24.24% | 23.90% | 32.78% | 19.18% | 23.03% | 8.69% | -13.25% | 21.41% | 22.34% | 21.67% | 17.22% | 32.73% | 17.31% | 26.82% | 22.18% | 19.85% | 21.44% |