Cost of Revenue

Total Cost of Revenue

Cummins Total Cost of Revenue increased by 6.4% to $6.59B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.7%, from $6.41B to $6.59B. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 8.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.

Detailed definition

The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...

Peer comparison

In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.

Metric ID: is_total_cost_of_revenue

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$4.63B$4.55B$4.53B$4.85B$4.86B$5.69B$5.95B$6.42B$6.49B$6.36B$6.54B$6.36B$6.60B$6.29B$6.41B$6.02B$6.36B$6.19B$6.59B
QoQ Change-1.7%-0.5%+7.1%+0.1%+17.1%+4.6%+7.9%+1.0%-2.0%+2.9%-2.8%+3.8%-4.8%+2.0%-6.1%+5.7%-2.7%+6.4%
YoY Change+4.9%+25.0%+31.3%+32.4%+33.5%+11.8%+9.9%-1.0%+1.7%-1.2%-2.0%-5.4%-3.6%-1.5%+2.7%
Range$4.53B$6.60B
CAGR+8.1%
Avg YoY Growth+9.2%
Median YoY Growth+2.7%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25
Total Segment$7.72B$8.17B$7.92B$8.22B
Distribution$2.33B$2.42B$2.49B$2.60B
Engine$2.04B$2.17B$2.03B$2.03B
Components$2.14B$2.16B$1.87B$1.97B
Power Systems$1.09B$1.29B$1.36B$1.34B
Accelera$121.00M$132.00M$172.00M$276.00M
Total$6.02B$6.36B$6.19B$6.59B

Frequently Asked Questions

What is Cummins's total cost of revenue?
Cummins (CMI) reported total cost of revenue of $6.59B in Q4 2025.
How has Cummins's total cost of revenue changed year-over-year?
Cummins's total cost of revenue increased by 2.7% year-over-year, from $6.41B to $6.59B.
What is the long-term trend for Cummins's total cost of revenue?
Over 4 years (2021 to 2025), Cummins's total cost of revenue has grown at a 8.2% compound annual growth rate (CAGR), from $18.33B to $25.15B.
What does total cost of revenue mean?
The direct cost of making the products or providing the services that a company sells.