Business Segments · Research and Development Expense
Engine — Research and Development Expense
Cummins Engine — Research and Development Expense remained flat by 0.0% to $159.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $148.00M to $159.00M. Over 4 years (FY 2021 to FY 2025), Engine — Research and Development Expense shows an upward trend with a 11.8% CAGR.
Analysis
StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025
Rolls up toR&D
How to read this metric
Higher spending signals a focus on future growth and innovation, whereas lower spending may indicate a mature product cycle or short-term cost cutting.
Detailed definition
This captures the investment made by the Engine segment into the design, testing, and improvement of engine technologies...
Peer comparison
Industrial manufacturers typically allocate a steady percentage of revenue to R&D to keep pace with environmental and efficiency regulations.
Metric ID:
cmi_segment_engine_research_and_development_expenseHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $99.00M | $97.00M | $111.00M | $109.00M | $116.00M | $140.00M | $141.00M | $134.00M | $148.00M | $159.00M | $173.00M | $154.00M | $167.00M | $147.00M | $148.00M | $155.00M | $151.00M | $159.00M | $159.00M |
| QoQ Change | — | -2.0% | +14.4% | -1.8% | +6.4% | +20.7% | +0.7% | -5.0% | +10.4% | +7.4% | +8.8% | -11.0% | +8.4% | -12.0% | +0.7% | +4.7% | -2.6% | +5.3% | +0.0% |
| YoY Change | — | — | — | — | +17.2% | +44.3% | +27.0% | +22.9% | +27.6% | +13.6% | +22.7% | +14.9% | +12.8% | -7.5% | -14.5% | +0.6% | -9.6% | +8.2% | +7.4% |
Range$97.00M – $173.00M
CAGR+11.1%
Avg YoY Growth+12.5%
Median YoY Growth+13.6%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Cummins's engine — research and development expense?
- Cummins (CMI) reported engine — research and development expense of $159.00M in Q4 2025.
- How has Cummins's engine — research and development expense changed year-over-year?
- Cummins's engine — research and development expense increased by 7.4% year-over-year, from $148.00M to $159.00M.
- What is the long-term trend for Cummins's engine — research and development expense?
- Over 4 years (2021 to 2025), Cummins's engine — research and development expense has grown at a 11.8% compound annual growth rate (CAGR), from $399.00M to $624.00M.
- What does engine — research and development expense mean?
- The total spending on developing new engine technologies and improving existing products.