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Cummins CMI Power generation — Revenue

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Other financials

Income statement

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Revenue$9.5B+9.4%
Gross profit$2.5B+8.1%
Operating income$1.3B+4.3%
Net income$932.0M+0.4%
EPS (diluted)$6.73+4.7%

Balance sheet

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Cash & equivalents$3.2B+37.1%
Total debt$7.2B-15.0%
Total equity$12.8B+9.0%
Total assets$35.6B+4.0%

Cash flow

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Operating cash flow$1.5B+91.0%
CapEx$249.0M+7.8%
Free cash flow$1.3B+126%

Valuation

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Market cap$88.69B+66.3%
Enterprise value$92.71B+55.9%
P/E31.8×+14.4×
P/S2.6×+1.0×

Profitability

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Gross margin25.3%-0.3pp
Operating margin11.2%-1.1pp
Net margin8%-1.1pp
FCF margin9.7%+4.8pp

Returns & leverage

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Return on equity22.7%-6.1pp
Debt / equity0.6×-0.2×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Cummins’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000026172-26-000016
In millionsThree months ended / March 31, 2026Three months ended / March 31, 2025
Power generation$1,271$1,090
Parts1,0631,026
Service433416
Engines342370
Total sales$3,109$2,902

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Cummins's power generation — revenue?
Cummins (CMI) reported power generation — revenue of $1.27B in Q1 2026.
How has Cummins's power generation — revenue changed year-over-year?
Cummins's power generation — revenue increased by 16.6% year-over-year, from $1.09B to $1.27B.
What does power generation — revenue mean?
This metric represents the total external revenue generated from the sale of power generation equipment, including standby and prime power systems. It reflects the company's market position in providing critical energy infrastructure for industrial, commercial, and residential applications. This revenue stream is a key indicator of demand for reliable power solutions and the company's ability to capitalize on global electrification and energy security trends.

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