What is Cummins's unbilled revenue?

Cummins (CMI) reported unbilled revenue of $444.00M in Q3 2025.

How has Cummins's unbilled revenue changed year-over-year?

Cummins's unbilled revenue increased by 28.3% year-over-year, from $346.00M to $444.00M.

What is the long-term trend for Cummins's unbilled revenue?

Over 4 years (2020 to 2024), Cummins's unbilled revenue has grown at a 37.1% compound annual growth rate (CAGR), from $114.00M to $403.00M.

Other

Unbilled revenue

Cummins Unbilled revenue increased by 8.6% to $444.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 28.3%, from $346.00M to $444.00M. Over 4 years (FY 2020 to FY 2024), Unbilled revenue shows an upward trend with a 37.1% CAGR.

Analysis

StatementBalance Sheet Statement

SectionOther

First reportedQ4 2019

Last reportedQ3 2025

Metric ID: other_contract_with_customer_receivable_before_allowance_088095

Historical Data

18 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
Value	$109.00M	$104.00M	$100.00M	$138.00M	$128.00M	$244.00M	$257.00M	$332.00M	$299.00M	$296.00M	$303.00M	$330.00M	$328.00M	$346.00M	$403.00M	$423.00M	$409.00M	$444.00M
QoQ Change	—	-4.6%	-3.8%	+38.0%	-7.2%	+90.6%	+5.3%	+29.2%	-9.9%	-1.0%	+2.4%	+8.9%	-0.6%	+5.5%	+16.5%	+5.0%	-3.3%	+8.6%
YoY Change	—	—	—	—	+17.4%	+134.6%	+157.0%	+140.6%	+133.6%	+21.3%	+17.9%	-0.6%	+9.7%	+16.9%	+33.0%	+28.2%	+24.7%	+28.3%

Range$100.00M – $444.00M

CAGR+39.2%

Avg YoY Growth+54.5%

Median YoY Growth+26.4%

Frequently Asked Questions

What is Cummins's unbilled revenue?: Cummins (CMI) reported unbilled revenue of $444.00M in Q3 2025.
How has Cummins's unbilled revenue changed year-over-year?: Cummins's unbilled revenue increased by 28.3% year-over-year, from $346.00M to $444.00M.
What is the long-term trend for Cummins's unbilled revenue?: Over 4 years (2020 to 2024), Cummins's unbilled revenue has grown at a 37.1% compound annual growth rate (CAGR), from $114.00M to $403.00M.