Operating Income

Operating Income

Cummins Operating Income decreased by 4.6% to $813.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $732.00M to $813.00M. Over 3 years (FY 2021 to FY 2025), Operating Income shows an upward trend with a 14.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: is_operating_income

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$735.00M$666.00M$495.00M$604.00M$897.00M$626.00M$802.00M$1.03B$997.00M$950.00M$923.00M$1.05B$1.05B$732.00M$1.13B$1.23B$852.00M$813.00M
QoQ Change-9.4%-25.7%+22.0%+48.5%-30.2%+28.1%+27.9%-2.8%-4.7%-2.8%+13.2%+0.5%-30.3%+54.9%+8.1%-30.5%-4.6%
YoY Change+22.0%-6.0%+62.0%+69.9%+11.1%+51.8%-10.0%+4.8%+10.5%+22.9%+17.3%-18.9%+11.1%
Range$495.00M$1.23B
CAGR+2.4%
Avg YoY Growth+19.1%
Median YoY Growth+11.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cummins's operating income?
Cummins (CMI) reported operating income of $813.00M in Q4 2025.
How has Cummins's operating income changed year-over-year?
Cummins's operating income increased by 11.1% year-over-year, from $732.00M to $813.00M.
What is the long-term trend for Cummins's operating income?
Over 3 years (2021 to 2025), Cummins's operating income has grown at a 14.2% compound annual growth rate (CAGR), from $2.71B to $4.03B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.