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Cummins CMI Power Systems — General and Administrative Expense

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Engine
$162M+17.4%
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$134M+12.6%
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$104M+14.3%
Accelera
$10M-23.1%

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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:GeneralAndAdministrativeExpense.

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 power systems — general and administrative expense?
Cummins (CMI) reported power systems — general and administrative expense of $101M in Q1 2026.
How has Cummins's power systems — general and administrative expense changed year-over-year?
Cummins's power systems — general and administrative expense increased by 1.0% year-over-year, from $100M to $101M.
What is the long-term trend for Cummins's power systems — general and administrative expense?
Over 3 years (2022 to 2025), Cummins's power systems — general and administrative expense has grown at a 15.1% compound annual growth rate (CAGR), from $269M to $410M.
What does power systems — general and administrative expense mean?
Represents the overhead costs associated with managing the Power Systems business segment, including executive compensation, legal, human resources, and finance functions. These costs are essential for supporting the operational infrastructure of the segment but are not directly tied to the production of goods or services. Monitoring this helps evaluate the efficiency of the segment's management and administrative support structure.