Income StatementBalance SheetCash FlowSegments
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Cummins Income Statement

Revenue, expenses, and profitability over time

Cummins generated $33.9B in trailing twelve-month revenue, up 0.0% year-over-year. Net income was $2.8B with a 8.22% net margin. Gross margin stands at 25.39% and operating margin at 11.33%. Diluted EPS is $19.27, which declined 0.0% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$33.9BGross Profit (TTM)$8.6BOperating Income (TTM)$3.8BNet Income (TTM)$2.8BEps Diluted (TTM)$19.27
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$88.3B
P/E Ratio31.67
ROE23.95%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net-$215.0M-$37.0M-$37.0M-$247.0M-$118.0M-$239.0M
Other operating income (expense), net-$215.0M-$37.0M-$37.0M-$247.0M-$118.0M-$239.0M
Research and development$356.0M$344.0M$357.0M$345.0M$350.0M$358.0M
Selling, general and administrative$801.0M$771.0M$779.0M$789.0M$786.0M$845.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Income-$215.0M-$37.0M-$37.0M-$247.0M-$118.0M-$239.0M
Other operating income (expense), net-$215.0M-$37.0M-$37.0M-$247.0M-$118.0M-$239.0M
Gross profit$2.0B$2.2B$2.3B$2.1B$2.0B$2.2B
Operating income$732.0M$1.1B$1.2B$852.0M$813.0M$949.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$418.0M$824.0M$890.0M$536.0M$593.0M$654.0M
Net earnings to common$418.0M$824.0M$890.0M$536.0M$593.0M$654.0M
Net Income Available to Common Shareholders$418.0M$824.0M$890.0M$536.0M$593.0M$654.0M
Net income$445.0M$850.0M$928.0M$559.0M$620.0M$680.0M
Net income attributable to common stock$418.0M$824.0M$890.0M$536.0M$593.0M$654.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax$418.0M$824.0M$890.0M$536.0M$593.0M$654.0M
Other income, net (Note 6)$19.0M$60.0M$86.0M$61.0M$60.0M$61.0M
Other income, net-$215.0M-$37.0M-$37.0M-$247.0M-$118.0M-$239.0M
Revenue From Contract With Customer Excluding Assessed Tax—$8.2B———$8.4B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$3.08$5.99$6.46$3.88$4.29$4.73
Diluted earnings per share$3.06$5.96$6.43$3.86$4.27$4.71
Weighted-average shares, basic—137.6M137.8M138M—138.3M
Weighted-average shares, diluted—138.3M138.5M138.8M—138.8M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$70.0M$131.0M$118.0M$104.0M$116.0M$148.0M
Other Charges$19.0M$60.0M$86.0M$61.0M$60.0M$61.0M
Interest expense$89.0M$77.0M$87.0M$83.0M$82.0M$76.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$217.0M$267.0M$297.0M$271.0M$171.0M$254.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$6.4B$6.0B$6.4B$6.2B$6.6B$6.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$8.4B$8.2B$8.6B$8.3B$8.5B$8.4B