Business Segments · Product Warranty Expense
Engine — Product Warranty Expense
Cummins Engine — Product Warranty Expense decreased by 13.1% to $93M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.4%, from $85M to $93M. Over 3 years (FY 2022 to FY 2025), Engine — Product Warranty Expense shows an upward trend with a 7.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026
Rolls up toWarranty expense
How to read this metric
Lower expenses suggest higher product quality and lower long-term liability risk.
Detailed definition
This metric tracks the estimated costs the engine segment expects to incur for repairs and replacements under product wa...
Peer comparison
Standard metric for automotive and heavy machinery manufacturers, often found in the 'Accrued Liabilities' or 'Operating Expenses' notes.
Metric ID:
cmi_segment_engine_product_warranty_expenseHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $82.25M | $82.25M | $82.25M | $82.25M | $94.25M | $94.25M | $94.25M | $94.25M | $105M | $122M | $101M | $92M | $85M | $119M | $97M | $107M | $93M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +14.6% | +0.0% | +0.0% | +0.0% | +11.4% | +16.2% | -17.2% | -8.9% | -7.6% | +40.0% | -18.5% | +10.3% | -13.1% |
| YoY Change | — | — | — | — | +14.6% | +14.6% | +14.6% | +14.6% | +11.4% | +29.4% | +7.2% | -2.4% | -19.0% | -2.5% | -4.0% | +16.3% | +9.4% |
Range$82.25M – $122M
CAGR+3.1%
Avg YoY Growth+8.0%
Median YoY Growth+11.4%
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Frequently Asked Questions
- What is Cummins's engine — product warranty expense?
- Cummins (CMI) reported engine — product warranty expense of $93M in Q1 2026.
- How has Cummins's engine — product warranty expense changed year-over-year?
- Cummins's engine — product warranty expense increased by 9.4% year-over-year, from $85M to $93M.
- What is the long-term trend for Cummins's engine — product warranty expense?
- Over 3 years (2022 to 2025), Cummins's engine — product warranty expense has grown at a 7.4% compound annual growth rate (CAGR), from $329M to $408M.
- What does engine — product warranty expense mean?
- The estimated cost to cover repairs and replacements for products under warranty.