Cost of Revenue

Total Cost of Revenue

Cummins Total Cost of Revenue decreased by 6.5% to $6.16B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $6.02B to $6.16B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 8.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase relative to revenue suggests rising input costs or manufacturing inefficiencies, while a decrease suggests improved operational leverage.

Detailed definition

This metric captures the direct costs attributable to the production of goods and services sold by the company, includin...

Peer comparison

Standard cost metric; comparable to any manufacturing or industrial firm.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.63B$4.55B$4.53B$4.85B$4.86B$5.69B$5.95B$6.42B$6.49B$6.36B$6.54B$6.36B$6.60B$6.29B$6.41B$6.02B$6.36B$6.19B$6.59B$6.16B
QoQ Change-1.7%-0.5%+7.1%+0.1%+17.1%+4.6%+7.9%+1.0%-2.0%+2.9%-2.8%+3.8%-4.8%+2.0%-6.1%+5.7%-2.7%+6.4%-6.5%
YoY Change+4.9%+25.0%+31.3%+32.4%+33.5%+11.8%+9.9%-1.0%+1.7%-1.2%-2.0%-5.4%-3.6%-1.5%+2.7%+2.3%
Range$4.53B$6.60B
CAGR+6.2%
Avg YoY Growth+8.8%
Median YoY Growth+2.5%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Distribution$2.33B$2.42B$2.49B$2.60B$2.46B
Engine$2.04B$2.17B$2.03B$2.03B$2.07B
Components$2.14B$2.16B$1.87B$1.97B$2.02B
Power Systems$1.09B$1.29B$1.36B$1.34B$1.23B
Accelera$121.00M$132.00M$172.00M$276.00M$121.00M
Total$6.02B$6.36B$6.19B$6.59B$6.16B

Frequently Asked Questions

What is Cummins's total cost of revenue?
Cummins (CMI) reported total cost of revenue of $6.16B in Q1 2026.
How has Cummins's total cost of revenue changed year-over-year?
Cummins's total cost of revenue increased by 2.3% year-over-year, from $6.02B to $6.16B.
What is the long-term trend for Cummins's total cost of revenue?
Over 4 years (2021 to 2025), Cummins's total cost of revenue has grown at a 8.2% compound annual growth rate (CAGR), from $18.33B to $25.15B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services that a company sells.