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Cummins CMI Engine — Net Sales

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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$91.71B+79.6%
Enterprise value$97.13B+69.8%
P/E32.9×+16.3×
P/S2.7×+1.2×

Profitability

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Gross margin25.4%+0.1pp
Operating margin11.3%-0.4pp
Net margin8.2%-0.3pp
FCF margin7.9%+7.9pp

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 engine — net sales?
Cummins (CMI) reported engine — net sales of $2.67B in Q1 2026.
How has Cummins's engine — net sales changed year-over-year?
Cummins's engine — net sales decreased by 3.6% year-over-year, from $2.77B to $2.67B.
What is the long-term trend for Cummins's engine — net sales?
Over 4 years (2021 to 2025), Cummins's engine — net sales has grown at a 2.2% compound annual growth rate (CAGR), from $9.95B to $10.88B.
What does engine — net sales mean?
This metric represents the total gross revenue generated by the engine segment after deducting returns, allowances, and discounts. It serves as the primary indicator of the segment's top-line performance and scale within the broader corporate structure. Investors use this to assess the segment's overall market share and growth trajectory.