Business Segments · Goodwill
New Power — Goodwill
Cummins New Power — Goodwill decreased by 0.2% to $2.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $2.40B to $2.22B. Over 5 years (FY 2020 to FY 2025), New Power — Goodwill shows an upward trend with a 11.5% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Rolls up toGoodwill
How to read this metric
An increase suggests recent acquisitions in the clean energy space, while a decrease may indicate impairment charges due to lower growth expectations.
Detailed definition
Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the New Power...
Peer comparison
Common in companies with active M&A strategies in emerging technology sectors.
Metric ID:
cmi_segment_new_power_goodwillHistorical Data
23 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q4 '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 | $1.29B | $1.29B | $1.29B | $257.00M | $1.29B | $1.39B | $2.23B | $167.00M | $2.34B | $495.00M | $2.37B | $2.40B | $2.38B | $2.50B | $2.41B | $2.39B | $2.41B | $2.37B | $2.40B | $2.43B | $2.22B | $2.22B | $2.22B |
| QoQ Change | — | -0.2% | -0.2% | -80.0% | +400.4% | +8.2% | +60.2% | -92.5% | >999% | -78.9% | +377.8% | +1.6% | -1.0% | +5.0% | -3.7% | -0.5% | +0.8% | -1.7% | +1.1% | +1.5% | -8.7% | +0.1% | -0.2% |
| YoY Change | — | — | — | — | — | +7.7% | +72.9% | -87.0% | +82.1% | -61.5% | +83.9% | +72.8% | +6.7% | +6.7% | +1.7% | -0.4% | +1.4% | -5.2% | -0.4% | +1.6% | -7.9% | -6.2% | -7.4% |
Range$167.00M – $2.50B
CAGR+10.3%
Avg YoY Growth+9.0%
Median YoY Growth+1.5%
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Frequently Asked Questions
- What is Cummins's new power — goodwill?
- Cummins (CMI) reported new power — goodwill of $2.22B in Q1 2026.
- How has Cummins's new power — goodwill changed year-over-year?
- Cummins's new power — goodwill decreased by 7.4% year-over-year, from $2.40B to $2.22B.
- What is the long-term trend for Cummins's new power — goodwill?
- Over 5 years (2020 to 2025), Cummins's new power — goodwill has grown at a 11.5% compound annual growth rate (CAGR), from $1.29B to $2.22B.
- What does new power — goodwill mean?
- The premium paid for intangible value when acquiring businesses within the New Power segment.