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Current Liabilities

Income Taxes Payable

Cummins Income Taxes Payable increased by 8.3% to $169M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 54.0%, from $367M to $169M. Over 5 years (FY 2020 to FY 2025), Income Taxes Payable shows an upward trend with a 13.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
First reportedQ4 2017
Last reportedQ1 2026May 5, 2026
Metric ID: income_taxes_payable

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$92M$92M$107M$229M$152M$231M$173M$341M$202M$239M$242M$361M$273M$266M$244M$367M$261M$150M$156M$169M
QoQ Change+0.0%+16.3%+114.0%-33.6%+52.0%-25.1%+97.1%-40.8%+18.3%+1.3%+49.2%-24.4%-2.6%-8.3%+50.4%-28.9%-42.5%+4.0%+8.3%
YoY Change+65.2%+151.1%+61.7%+48.9%+32.9%+3.5%+39.9%+5.9%+35.1%+11.3%+0.8%+1.7%-4.4%-43.6%-36.1%-54.0%
Range$92M$367M
CAGR+13.7%
Avg YoY Growth+20.0%
Median YoY Growth+8.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Cummins's income taxes payable?
Cummins (CMI) reported income taxes payable of $169M in Q1 2026.
How has Cummins's income taxes payable changed year-over-year?
Cummins's income taxes payable decreased by 54.0% year-over-year, from $367M to $169M.
What is the long-term trend for Cummins's income taxes payable?
Over 5 years (2020 to 2025), Cummins's income taxes payable has grown at a 13.7% compound annual growth rate (CAGR), from $82M to $156M.