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Cummins CMI Emission solutions — Net Sales

Other product segments

Engine Components and Software [CBU business]
$1.2B+8.8%
Parts
$1.06B+3.6%
Drivetrain and braking systems
$918M-13.1%
Power generation
$640M+43.8%
Medium-duty truck and bus
$613M-12.4%
Heavy-duty truck
$563M-13.9%
Light-duty automotive
$448M+5.4%
Service
$433M+4.1%
Engines
$342M-7.6%
Off-highway
$342M+31.0%
Components and software
$325M+6.2%
Industrial
$293M+3.2%
Generator technologies
$160M+11.9%
Automated transmissions
$88M-24.8%
Atmus - Filtration (CBU business)
$0-100%

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$353.5M-0.7%
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$468M-19.4%
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$2.92B+6.5%
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$110.6M+1.4%

Other financials

Income statement

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Revenue$8.4B+2.7%
Gross profit$2.2B+4.1%
Operating income$949.0M-16.3%
Net income$680.0M-20.0%
EPS (diluted)$4.71-21.0%

Balance sheet

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Cash & equivalents$2.6B+70.6%
Total debt$8.0B+25.0%
Total equity$12.4B+13.1%
Total assets$34.4B+5.9%

Cash flow

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Operating cash flow$309.0M+10,400%
CapEx$189.0M+16.7%
Free cash flow$120.0M+173%

Valuation

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Market cap$98.92B+72.5%
Enterprise value$104.33B+66.2%
P/E35.5×+15.6×
P/S2.9×+1.2×

Profitability

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Gross margin25.4%+0.1pp
Operating margin11.3%-0.4pp
Net margin8.2%-0.3pp

Returns & leverage

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Return on equity23.9%-5.0pp
Debt / equity0.6×+0.1×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Cummins’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cummins's emission solutions — net sales?
Cummins (CMI) reported emission solutions — net sales of $807M in Q1 2026.
How has Cummins's emission solutions — net sales changed year-over-year?
Cummins's emission solutions — net sales increased by 2.0% year-over-year, from $791M to $807M.
What is the long-term trend for Cummins's emission solutions — net sales?
Over 4 years (2021 to 2025), Cummins's emission solutions — net sales has grown at a -0.9% compound annual growth rate (CAGR), from $3.14B to $3.03B.
What does emission solutions — net sales mean?
Total revenue generated from the sale of emission control and aftertreatment systems for engines.
How do you interpret emission solutions — net sales?
An increase indicates higher demand for compliant engine technologies or a shift toward more advanced, higher-value emission systems, while a decrease may signal reduced engine production volumes or a transition toward alternative power technologies.
How does emission solutions — net sales compare across companies?
Comparable to aftertreatment or environmental technology segments at other industrial engine and automotive component manufacturers, often benchmarked against global emissions regulatory compliance timelines.