Cummins CMI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Accelera | $101M-22.9% | $131M+8.3% | $121M+15.2% | $105M+1.9% | $103M+3.0% | |
| Components | $2.53B+3.5% | $2.45B+5.0% | $2.33B-13.9% | $2.71B+1.3% | $2.67B+1.1% | |
| Distribution | $3.12B-5.1% | $3.29B+3.6% | $3.17B+4.3% | $3.04B+4.6% | $2.91B-5.2% | |
| Engine | $2.67B+2.8% | $2.6B-0.2% | $2.61B-10.1% | $2.9B+4.6% | $2.77B+1.9% | |
| Power Systems | $1.96B+1.4% | $1.93B-3.4% | $2B+5.7% | $1.89B+14.6% | $1.65B-5.4% | |
| Other Operating and Nonoperating (expense) income by Business | ||||||
| Accelera | -$199M-137% | -$84M+59.8% | -$209M-10,350% | -$2M+33.3% | -$3M+98.2% | |
| Components | -$18M-38.5% | -$13M+45.8% | -$24M-33.3% | -$18M-5.9% | -$17M0.0% | |
| Distribution | $18M+50.0% | $12M-29.4% | $17M-37.0% | $27M+200% | $9M-30.8% | |
| Engine | $17M0.0% | $17M+13.3% | $15M-16.7% | $18M-10.0% | $20M+233% | |
| Power Systems | $9M+50.0% | $6M+200% | $2M-81.8% | $11M+267% | $3M+175% | |
| Interest Income, Operating and Nonoperating by Business | ||||||
| Accelera | $0— | $0— | $0-100% | $1M— | $0-100% | |
| Components | $11M+175% | $4M-50.0% | $8M-20.0% | $10M+42.9% | $7M+75.0% | |
| Distribution | $6M+20.0% | $5M-16.7% | $6M-14.3% | $7M+40.0% | $5M-37.5% | |
| Engine | $10M+25.0% | $8M-27.3% | $11M+37.5% | $8M-20.0% | $10M+900% | |
| Power Systems | $5M+25.0% | $4M0.0% | $4M0.0% | $4M0.0% | $4M— | |
| Cost of Product and Service Sold by Business | ||||||
| Accelera | $121M-56.2% | $276M+60.5% | $172M+30.3% | $132M+9.1% | $121M-50.0% | |
| Components | $2.02B+2.7% | $1.97B+5.5% | $1.87B-13.6% | $2.16B+1.0% | $2.14B-0.2% | |
| Distribution | $2.46B-5.3% | $2.6B+4.5% | $2.49B+2.9% | $2.42B+3.7% | $2.33B-5.2% | |
| Engine | $2.07B+2.4% | $2.03B-0.2% | $2.03B-6.4% | $2.17B+6.5% | $2.04B-0.1% | |
| Power Systems | $1.23B-8.6% | $1.34B-1.0% | $1.36B+5.2% | $1.29B+18.3% | $1.09B-11.3% | |
| Segment EBITDA by Business | ||||||
| Accelera | -$277M+25.9% | -$374M-11.3% | -$336M-236% | -$100M-16.3% | -$86M+80.0% | |
| Components | $337M+3.1% | $327M+12.0% | $292M-26.4% | $397M+3.9% | $382M+5.8% | |
| Distribution | $444M-10.3% | $495M+0.6% | $492M+10.6% | $445M+18.4% | $376M-6.0% | |
| Engine | $279M+6.1% | $263M+0.8% | $261M-34.8% | $400M-12.7% | $458M+24.8% | |
| Power Systems | $577M+38.0% | $418M-8.5% | $457M+6.3% | $430M+10.5% | $389M+23.9% | |
| Equity, royalty and interest income from investees (Note 3) by Business | ||||||
| Accelera | -$6M+53.8% | -$13M-117% | -$6M-20.0% | -$5M+16.7% | -$6M+78.6% | |
| Components | $10M+42.9% | $7M0.0% | $7M-30.0% | $10M+42.9% | $7M-46.2% | |
| Distribution | $28M0.0% | $28M+21.7% | $23M-11.5% | $26M-7.1% | $28M+64.7% | |
| Engine | $80M+19.4% | $67M+24.1% | $54M-10.0% | $60M-17.8% | $73M+35.2% | |
| Power Systems | $36M+33.3% | $27M+3.8% | $26M-3.7% | $27M-6.9% | $29M+107% | |
| Selling Expense by Business | ||||||
| Accelera | $6M-25.0% | $8M+14.3% | $7M0.0% | $7M0.0% | $7M0.0% | |
| Components | $47M+20.5% | $39M-9.3% | $43M+7.5% | $40M-2.4% | $41M-4.7% | |
| Distribution | $164M+8.6% | $151M0.0% | $151M-1.9% | $154M-1.9% | $157M-1.3% | |
| Engine | $69M+27.8% | $54M-5.3% | $57M-6.6% | $61M+3.4% | $59M+15.7% | |
| Power Systems | $48M+17.1% | $41M-2.4% | $42M+2.4% | $41M-10.9% | $46M+4.5% | |
| General and Administrative Expense by Business | ||||||
| Accelera | $10M-58.3% | $24M+33.3% | $18M+28.6% | $14M+7.7% | $13M-45.8% | |
| Components | $134M+0.8% | $133M+0.8% | $132M+9.1% | $121M+1.7% | $119M-8.5% | |
| Distribution | $104M+13.0% | $92M-1.1% | $93M+4.5% | $89M-2.2% | $91M+1.1% | |
| Engine | $162M+11.7% | $145M+2.8% | $141M-3.4% | $146M+5.8% | $138M-6.1% | |
| Power Systems | $101M+2.0% | $99M-5.7% | $105M-0.9% | $106M+6.0% | $100M-5.7% | |
| Research and Development Expense by Business | ||||||
| Accelera | $32M-43.9% | $57M+42.5% | $40M-13.0% | $46M+7.0% | $43M-28.3% | |
| Components | $81M+39.7% | $58M-17.1% | $70M-9.1% | $77M+2.7% | $75M-3.8% | |
| Distribution | $15M+36.4% | $11M-21.4% | $14M0.0% | $14M0.0% | $14M0.0% | |
| Engine | $164M+3.1% | $159M0.0% | $159M+5.3% | $151M-2.6% | $155M+4.7% | |
| Power Systems | $66M+1.5% | $65M+4.8% | $62M-10.1% | $69M+21.1% | $57M+1.8% | |
| Depreciation and Amortization by Business | ||||||
| Accelera | $9M-35.7% | $14M+7.7% | $13M0.0% | $13M+8.3% | $12M-25.0% | |
| Components | $128M+2.4% | $125M+2.5% | $122M-3.9% | $127M+4.1% | $122M-3.2% | |
| Distribution | $35M+6.1% | $33M+3.1% | $32M0.0% | $32M0.0% | $32M+3.2% | |
| Engine | $72M+2.9% | $70M-1.4% | $71M+4.4% | $68M+1.5% | $67M+4.7% | |
| Power Systems | $36M0.0% | $36M0.0% | $36M+2.9% | $35M+6.1% | $33M+3.1% | |
| Product Warranty Expense by Business | ||||||
| Accelera | $13M-77.2% | $57M+217% | $18M+50.0% | $12M+50.0% | $8M-46.7% | |
| Components | $27M-27.0% | $37M+27.6% | $29M+3.6% | $28M+7.7% | $26M+225% | |
| Distribution | $7M0.0% | $7M+40.0% | $5M0.0% | $5M-16.7% | $6M0.0% | |
| Engine | $93M-13.1% | $107M+10.3% | $97M-18.5% | $119M+40.0% | $85M-7.6% | |
| Power Systems | $17M-45.2% | $31M-16.2% | $37M+42.3% | $26M-18.8% | $32M-11.1% | |
| Net Sales by Product | ||||||
| Drivetrain and braking systems | $918M+0.1% | $917M+0.1% | $916M-16.3% | $1.09B+3.6% | $1.06B-5.1% | |
| Emission solutions | $807M+5.6% | $764M+8.8% | $702M-9.7% | $777M-1.8% | $791M+6.5% | |
| Engines | $342M-18.0% | $417M+0.2% | $416M+8.3% | $384M+3.8% | $370M-11.7% | |
| Generator technologies | $160M+5.3% | $152M-15.6% | $180M+4.7% | $172M+20.3% | $143M+15.3% | |
| Heavy-duty truck | $563M-9.6% | $623M+15.4% | $540M-25.7% | $727M+11.2% | $654M-13.9% | |
| Industrial | $293M-12.0% | $333M+3.1% | $323M+8.4% | $298M+4.9% | $284M-11.5% | |
| Light-duty automotive | $448M+1.8% | $440M-24.5% | $583M+21.0% | $482M+13.4% | $425M+45.1% | |
| Medium-duty truck and bus | $613M-3.9% | $638M+19.7% | $533M-21.2% | $676M-3.4% | $700M-8.4% | |
| Off-highway | $342M+22.6% | $279M+4.9% | $266M-4.0% | $277M+6.1% | $261M+5.7% | |
| Parts | $1.06B+4.0% | $1.02B+0.8% | $1.01B+0.3% | $1.01B-1.5% | $1.03B+4.6% | |
| Power generation | $640M+10.9% | $577M-7.4% | $623M+6.7% | $584M+31.2% | $445M-18.6% | |
| Service | $433M-3.6% | $449M-9.1% | $494M+12.5% | $439M+5.5% | $416M-5.9% | |
| Revenue by Product | ||||||
| Automated transmissions | $88M— | —— | $87M-29.3% | $123M+5.1% | $117M— | |
| Components and software | $325M— | —— | $281M-6.6% | $301M-1.6% | $306M— | |
| Power generation | $1.27B— | —— | $1.25B+3.8% | $1.2B+10.1% | $1.09B— | |
| NET SALES (Notes 1 and 2) by Geography | ||||||
| Africa and Middle East | $56M— | —— | —— | —— | $59M— | |
| Asia Pacific | $327M+2.5% | $319M+2.6% | $311M+11.1% | $280M+16.7% | $240M-21.6% | |
| China | $1B+17.8% | $849M+0.6% | $844M+2.2% | $826M+6.0% | $779M+3.7% | |
| Europe | $303M-5.6% | $321M+17.6% | $273M-15.5% | $323M+20.1% | $269M-22.9% | |
| India | $471M+8.8% | $433M-3.1% | $447M+7.7% | $415M-2.6% | $426M-13.8% | |
| Latin America | $51M-17.7% | $62M-36.7% | $98M+18.1% | $83M+66.0% | $50M-30.6% | |
| North America | $2.17B-3.5% | $2.25B+2.1% | $2.2B+6.1% | $2.07B-1.2% | $2.1B+2.4% | |
| United States | $4.5B-4.2% | $4.7B+0.7% | $4.66B-4.2% | $4.87B+2.4% | $4.75B+1.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Cummins break its business down?
- Cummins (CMI) reports net sales by business across 5 parts — Accelera, Components, Distribution, Engine and Power Systems. Each is extracted from the segment footnotes and tracked over time.
- Where does Cummins's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Cummins's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
