Skip to content
Business Segments · Research and Development Expense

Distribution — Research and Development Expense

Cummins Distribution — Research and Development Expense increased by 36.4% to $15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $14M to $15M. Over 4 years (FY 2021 to FY 2025), Distribution — Research and Development Expense shows an upward trend with a 2.5% CAGR.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026
Rolls up toR&D

How to read this metric

Higher spending suggests a focus on long-term growth and service differentiation, while lower spending may indicate a focus on short-term cash flow.

Detailed definition

Includes expenditures dedicated to the innovation, design, and improvement of distribution processes, service technologi...

Peer comparison

Standard R&D reporting for business units focused on service delivery and technical support.

Metric ID: cmi_segment_distribution_research_and_development_expense

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$12M$10M$13M$13M$13M$13M$13M$14M$15M$14M$14M$14M$14M$13M$14M$14M$14M$14M$11M$15M
QoQ Change-16.7%+30.0%+0.0%+0.0%+0.0%+0.0%+7.7%+7.1%-6.7%+0.0%+0.0%+0.0%-7.1%+7.7%+0.0%+0.0%+0.0%-21.4%+36.4%
YoY Change+8.3%+30.0%+0.0%+7.7%+15.4%+7.7%+7.7%+0.0%-6.7%-7.1%+0.0%+0.0%+0.0%+7.7%-21.4%+7.1%
Range$10M$15M
CAGR+4.8%
Avg YoY Growth+3.5%
Median YoY Growth+3.6%

Frequently Asked Questions

What is Cummins's distribution — research and development expense?
Cummins (CMI) reported distribution — research and development expense of $15M in Q1 2026.
How has Cummins's distribution — research and development expense changed year-over-year?
Cummins's distribution — research and development expense increased by 7.1% year-over-year, from $14M to $15M.
What is the long-term trend for Cummins's distribution — research and development expense?
Over 4 years (2021 to 2025), Cummins's distribution — research and development expense has grown at a 2.5% compound annual growth rate (CAGR), from $48M to $53M.
What does distribution — research and development expense mean?
Spending on innovation and technical improvements within the distribution segment.