Cummins (CMI) Financials: History & Chart

Cummins Inc. (CMI)CMICummins Inc.

About Cummins Inc.

Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.

Columbus, IN

67,400 employees

www.cummins.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Jennifer W. Rumsey

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	33.89B	8.40B	8.54B	8.32B	8.64B	8.17B	8.45B	8.46B	8.80B
Cost of Goods Sold	25.29B	6.16B	6.58B	6.19B	6.36B	6.02B	6.41B	6.29B	6.60B
Gross Profit	8.60B	2.24B	1.95B	2.13B	2.28B	2.15B	2.03B	2.17B	2.19B
Gross Profit Margin	25.4%	26.7%	22.9%	25.6%	26.4%	26.4%	24.1%	25.7%	24.9%
Total Operating Expenses	4.79B	1.29B	1.31B	1.13B	1.05B	1.02B	1.30B	1.12B	1.15B
Research & Development	1.41B	358.00M	350.00M	345.00M	357.00M	344.00M	356.00M	359.00M	379.00M
Selling, General & Administrative	3.20B	845.00M	786.00M	789.00M	779.00M	754.00M	801.00M	807.00M	828.00M
Operating Income (EBIT)	3.81B	949.00M	640.00M	995.00M	1.23B	1.13B	732.00M	1.05B	1.04B
Operating Margin	11.2%	11.3%	7.5%	12.0%	14.2%	13.9%	8.7%	12.4%	11.9%
Income Before Tax (EBT)	3.78B	934.00M	791.00M	830.00M	1.23B	1.12B	662.00M	1.04B	977.00M
Interest Income	81.00M	N/A	N/A	29.00M	52.00M	60.00M	34.00M	47.00M	53.00M
Interest Expense	328.00M	76.00M	82.00M	83.00M	87.00M	77.00M	89.00M	83.00M	109.00M
Other Income/Expense	-30.00M	-15.00M	151.00M	-165.00M	-1.00M	-17.00M	-70.00M	-7.00M	-68.00M
Net Income	2.67B	654.00M	593.00M	536.00M	890.00M	824.00M	418.00M	809.00M	726.00M
Income Tax Expense	993.00M	254.00M	171.00M	271.00M	297.00M	267.00M	217.00M	200.00M	225.00M
Net Profit Margin	7.9%	7.8%	6.9%	6.4%	10.3%	10.1%	4.9%	9.6%	8.3%
EBITDA	4.92B	1.23B	908.00M	1.27B	1.50B	1.40B	1.00B	1.32B	1.31B
EBITDA Margin	14.5%	14.7%	10.6%	15.3%	17.4%	17.2%	11.9%	15.6%	14.9%
Depreciation & Amortization	1.11B	282.00M	268.00M	277.00M	279.00M	269.00M	271.00M	266.00M	263.00M
EPS Basic	19.36	4.73	4.29	3.88	6.46	5.99	3.04	5.90	5.30
EPS Diluted	19.25	4.71	4.27	3.85	6.42	5.96	3.02	5.86	5.26
Shares Outstanding	138.30M	138.30M	138.20M	137.80M	137.70M	137.60M	137.40M	137.20M	137.10M
Diluted Shares Outstanding	138.80M	138.80M	139.00M	138.60M	138.40M	138.30M	138.40M	138.10M	137.90M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	33.67B	34.10B	34.06B	28.07B	24.02B	19.81B	23.57B	23.77B
Cost of Goods Sold	25.15B	25.66B	25.82B	21.36B	18.33B	14.92B	17.59B	18.03B
Gross Profit	8.52B	8.44B	8.25B	6.72B	5.70B	4.89B	5.98B	5.74B
Gross Profit Margin	25.3%	24.7%	24.2%	23.9%	23.7%	24.7%	25.4%	24.1%
Total Operating Expenses	4.65B	4.69B	6.49B	3.79B	2.99B	2.63B	3.28B	2.95B
Research & Development	1.40B	1.46B	1.50B	1.28B	1.09B	906.00M	1.00B	902.00M
Selling, General & Administrative	3.13B	3.27B	3.33B	2.69B	2.37B	2.13B	2.45B	2.44B
Operating Income (EBIT)	3.87B	3.75B	1.76B	2.93B	2.71B	2.27B	2.70B	2.79B
Operating Margin	11.5%	11.0%	5.2%	10.4%	11.3%	11.5%	11.5%	11.7%
Income Before Tax (EBT)	3.96B	4.90B	1.63B	2.82B	2.75B	2.34B	2.83B	2.75B
Interest Income	211.00M	186.00M	239.00M	125.00M	82.00M	95.00M	59.00M	58.00M
Interest Expense	329.00M	370.00M	375.00M	199.00M	111.00M	100.00M	109.00M	114.00M
Other Income/Expense	98.00M	1.15B	-135.00M	-110.00M	45.00M	69.00M	134.00M	-33.00M
Net Income	2.84B	3.95B	735.00M	2.15B	2.13B	1.79B	2.26B	2.14B
Income Tax Expense	1.01B	835.00M	786.00M	636.00M	587.00M	527.00M	566.00M	566.00M
Net Profit Margin	8.4%	11.6%	2.2%	7.7%	8.9%	9.0%	9.6%	9.0%
EBITDA	4.97B	4.82B	2.79B	3.71B	3.37B	2.94B	3.37B	3.40B
EBITDA Margin	14.8%	14.1%	8.2%	13.2%	14.0%	14.9%	14.3%	14.3%
Depreciation & Amortization	1.10B	1.06B	1.02B	784.00M	662.00M	673.00M	672.00M	611.00M
EPS Basic	20.62	28.55	5.19	15.20	14.74	12.07	14.54	13.20
EPS Diluted	20.50	28.37	5.15	15.12	14.61	12.01	14.48	13.15
Shares Outstanding	137.90M	138.20M	141.70M	141.50M	144.60M	148.20M	155.40M	162.20M
Diluted Shares Outstanding	138.70M	139.10M	142.70M	142.30M	145.90M	149.00M	156.10M	162.80M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.