Non-Current Assets
Deferred Tax Assets - Tax Credit Carryforwards
Cummins Deferred Tax Assets - Tax Credit Carryforwards increased by 1.4% to $1.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.0%, from $1.16B to $1.08B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets - Tax Credit Carryforwards shows an upward trend with a 17.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
First reportedQ4 2020
Last reportedQ1 2026May 5, 2026
Metric ID:
dta_tax_credit_carryforwardsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $436M | $411M | $428M | $494M | $525M | $472M | $625M | $688M | $767M | $865M | $1.08B | $950M | $1.01B | $1.07B | $1.12B | $1.16B | $1.29B | $1.08B | $1.06B | $1.08B |
| QoQ Change | — | -5.7% | +4.1% | +15.4% | +6.3% | -10.1% | +32.4% | +10.1% | +11.5% | +12.8% | +25.1% | -12.2% | +6.2% | +6.3% | +4.3% | +3.6% | +11.6% | -16.9% | -1.1% | +1.4% |
| YoY Change | — | — | — | — | +20.4% | +14.8% | +46.0% | +39.3% | +46.1% | +83.3% | +73.1% | +38.1% | +31.6% | +24.0% | +3.4% | +22.0% | +28.1% | +0.2% | -5.0% | -7.0% |
Range$411M – $1.29B
CAGR+21.0%
Avg YoY Growth+28.7%
Median YoY Growth+26.1%
Deferred Tax Assets - Tax Credit Carryforwards at Other Companies
Frequently Asked Questions
- What is Cummins's deferred tax assets - tax credit carryforwards?
- Cummins (CMI) reported deferred tax assets - tax credit carryforwards of $1.08B in Q1 2026.
- How has Cummins's deferred tax assets - tax credit carryforwards changed year-over-year?
- Cummins's deferred tax assets - tax credit carryforwards decreased by 7.0% year-over-year, from $1.16B to $1.08B.
- What is the long-term trend for Cummins's deferred tax assets - tax credit carryforwards?
- Over 5 years (2020 to 2025), Cummins's deferred tax assets - tax credit carryforwards has grown at a 17.3% compound annual growth rate (CAGR), from $479M to $1.06B.