Other

Work-in-process and raw materials

Cummins Work-in-process and raw materials decreased by 1.8% to $3.32B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $3.39B to $3.32B. Over 4 years (FY 2020 to FY 2024), Work-in-process and raw materials shows an upward trend with a 23.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ4 2015
Last reportedQ3 2025
Metric ID: other_inventory_work_in_process_and_raw_materials

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$1.77B$2.00B$2.01B$2.03B$2.35B$2.86B$2.93B$3.02B$3.10B$2.99B$3.16B$3.05B$3.10B$3.39B$3.09B$3.35B$3.38B$3.32B
QoQ Change—+13.1%+0.6%+0.9%+15.8%+21.8%+2.3%+3.2%+2.7%-3.7%+5.6%-3.4%+1.7%+9.4%-9.0%+8.7%+0.8%-1.8%
YoY Change————+32.9%+43.1%+45.6%+48.9%+32.1%+4.5%+7.9%+1.0%-0.0%+13.5%-2.2%+10.0%+9.0%-2.1%
Range$1.77B – $3.39B
CAGR+16.0%
Avg YoY Growth+17.4%
Median YoY Growth+9.5%

Frequently Asked Questions

What is Cummins's work-in-process and raw materials?
Cummins (CMI) reported work-in-process and raw materials of $3.32B in Q3 2025.
How has Cummins's work-in-process and raw materials changed year-over-year?
Cummins's work-in-process and raw materials decreased by 2.1% year-over-year, from $3.39B to $3.32B.
What is the long-term trend for Cummins's work-in-process and raw materials?
Over 4 years (2020 to 2024), Cummins's work-in-process and raw materials has grown at a 23.1% compound annual growth rate (CAGR), from $1.35B to $3.09B.