Business Segments · Cost of Product and Service Sold
Components — Cost of Product and Service Sold
Cummins Components — Cost of Product and Service Sold increased by 5.5% to $1.97B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.1%, from $2.14B to $1.97B. Over 3 years (FY 2022 to FY 2025), Components — Cost of Product and Service Sold shows relatively stable performance with a 1.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ4 2025
Rolls up toTotal Cost of Revenue
How to read this metric
Lower costs relative to revenue indicate improved manufacturing efficiency and better margin control.
Detailed definition
This metric includes all direct costs associated with manufacturing and delivering the products and services sold by the...
Peer comparison
Standard COGS metric for manufacturing segments across all industrial sectors.
Metric ID:
cmi_segment_components_cost_of_product_and_service_soldHistorical Data
16 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.93B | $1.93B | $1.93B | $1.93B | $2.68B | $2.68B | $2.68B | $2.68B | $2.64B | $2.37B | $2.20B | $2.14B | $2.14B | $2.16B | $1.87B | $1.97B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +38.7% | +0.0% | +0.0% | +0.0% | -1.6% | -10.1% | -7.2% | -2.5% | -0.2% | +1.0% | -13.6% | +5.5% |
| YoY Change | — | — | — | — | +38.7% | +38.7% | +38.7% | +38.7% | -1.6% | -11.6% | -18.0% | -20.0% | -18.9% | -8.8% | -15.0% | -8.1% |
Range$1.87B – $2.68B
CAGR+0.5%
Avg YoY Growth+4.4%
Median YoY Growth-8.4%
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Frequently Asked Questions
- What is Cummins's components — cost of product and service sold?
- Cummins (CMI) reported components — cost of product and service sold of $1.97B in Q4 2025.
- How has Cummins's components — cost of product and service sold changed year-over-year?
- Cummins's components — cost of product and service sold decreased by 8.1% year-over-year, from $2.14B to $1.97B.
- What is the long-term trend for Cummins's components — cost of product and service sold?
- Over 3 years (2022 to 2025), Cummins's components — cost of product and service sold has grown at a 1.7% compound annual growth rate (CAGR), from $7.73B to $8.14B.
- What does components — cost of product and service sold mean?
- The direct costs incurred to produce and deliver the goods and services sold by the segment.