Cummins CMI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| Accelera | $101M-1.9% | $131M+31.0% | $121M+10.0% | $105M-5.4% | $103M+10.8% | |
| Components | $2.53B-5.2% | $2.45B-7.4% | $2.33B-14.5% | $2.71B-9.3% | $2.67B-19.9% | |
| Distribution | $3.12B+7.2% | $3.29B+7.1% | $3.17B+7.5% | $3.04B+7.5% | $2.91B+14.7% | |
| Engine | $2.67B-3.6% | $2.6B-4.4% | $2.61B-10.6% | $2.9B-8.0% | $2.77B-5.4% | |
| Power Systems | $1.96B+18.6% | $1.93B+10.7% | $2B+18.3% | $1.89B+18.9% | $1.65B+18.7% | |
| Other Operating and Nonoperating (expense) income by Business | ||||||
| Accelera | -$199M-6,533% | -$84M+50.9% | -$209M-3,383% | -$2M+60.0% | -$3M-200% | |
| Components | -$18M-5.9% | -$13M+23.5% | -$24M-118% | -$18M-12.5% | -$17M-13.3% | |
| Distribution | $18M+100% | $12M-7.7% | $17M+30.8% | $27M+80.0% | $9M-30.8% | |
| Engine | $17M-15.0% | $17M+183% | $15M+600% | $18M+350% | $20M+25.0% | |
| Power Systems | $9M+200% | $6M+250% | $2M+200% | $11M— | $3M-50.0% | |
| Interest Income, Operating and Nonoperating by Business | ||||||
| Accelera | $0— | $0-100% | $0— | $1M— | $0— | |
| Components | $11M+57.1% | $4M0.0% | $8M+100% | $10M+11.1% | $7M-12.5% | |
| Distribution | $6M+20.0% | $5M-37.5% | $6M-14.3% | $7M-36.4% | $5M-54.5% | |
| Engine | $10M0.0% | $8M+700% | $11M+450% | $8M+14.3% | $10M+42.9% | |
| Power Systems | $5M+25.0% | $4M— | $4M+300% | $4M+33.3% | $4M+33.3% | |
| Cost of Product and Service Sold by Business | ||||||
| Accelera | $121M0.0% | $276M+14.0% | $172M+25.5% | $132M-8.3% | $121M+0.8% | |
| Components | $2.02B-5.4% | $1.97B-8.1% | $1.87B-15.0% | $2.16B-8.8% | $2.14B-18.9% | |
| Distribution | $2.46B+5.6% | $2.6B+5.8% | $2.49B+4.7% | $2.42B+5.1% | $2.33B+14.0% | |
| Engine | $2.07B+1.9% | $2.03B-0.6% | $2.03B-5.6% | $2.17B-6.8% | $2.04B-7.0% | |
| Power Systems | $1.23B+12.7% | $1.34B+9.4% | $1.36B+15.7% | $1.29B+16.5% | $1.09B+9.3% | |
| Segment EBITDA by Business | ||||||
| Accelera | -$277M-222% | -$374M+13.2% | -$336M-192% | -$100M+14.5% | -$86M+14.9% | |
| Components | $337M-11.8% | $327M-9.4% | $292M-16.8% | $397M-2.2% | $382M-19.2% | |
| Distribution | $444M+18.1% | $495M+23.8% | $492M+33.0% | $445M+41.7% | $376M+27.9% | |
| Engine | $279M-39.1% | $263M-28.3% | $261M-38.9% | $400M-10.1% | $458M+10.6% | |
| Power Systems | $577M+48.3% | $418M+33.1% | $457M+39.3% | $430M+42.9% | $389M+64.1% | |
| Equity, royalty and interest income from investees (Note 3) by Business | ||||||
| Accelera | -$6M0.0% | -$13M+53.6% | -$6M+45.5% | -$5M+37.5% | -$6M-100% | |
| Components | $10M+42.9% | $7M-46.2% | $7M-41.7% | $10M-23.1% | $7M-73.1% | |
| Distribution | $28M0.0% | $28M+64.7% | $23M-8.0% | $26M+8.3% | $28M+16.7% | |
| Engine | $80M+9.6% | $67M+24.1% | $54M+1.9% | $60M+25.0% | $73M+28.1% | |
| Power Systems | $36M+24.1% | $27M+92.9% | $26M+30.0% | $27M+3.8% | $29M+52.6% | |
| Selling Expense by Business | ||||||
| Accelera | $6M-14.3% | $8M+14.3% | $7M-36.4% | $7M0.0% | $7M-12.5% | |
| Components | $47M+14.6% | $39M-9.3% | $43M0.0% | $40M-7.0% | $41M-25.5% | |
| Distribution | $164M+4.5% | $151M-5.0% | $151M-5.0% | $154M-1.9% | $157M+2.6% | |
| Engine | $69M+16.9% | $54M+5.9% | $57M+3.6% | $61M+8.9% | $59M+13.5% | |
| Power Systems | $48M+4.3% | $41M-6.8% | $42M-2.3% | $41M-12.8% | $46M+15.0% | |
| General and Administrative Expense by Business | ||||||
| Accelera | $10M-23.1% | $24M0.0% | $18M+28.6% | $14M-26.3% | $13M0.0% | |
| Components | $134M+12.6% | $133M+2.3% | $132M0.0% | $121M-10.4% | $119M-24.7% | |
| Distribution | $104M+14.3% | $92M+2.2% | $93M-1.1% | $89M-16.8% | $91M0.0% | |
| Engine | $162M+17.4% | $145M-1.4% | $141M-2.1% | $146M-0.7% | $138M-4.2% | |
| Power Systems | $101M+1.0% | $99M-6.6% | $105M-5.4% | $106M+1.0% | $100M+1.0% | |
| Research and Development Expense by Business | ||||||
| Accelera | $32M-25.6% | $57M-5.0% | $40M-29.8% | $46M-14.8% | $43M-21.8% | |
| Components | $81M+8.0% | $58M-25.6% | $70M-17.6% | $77M-4.9% | $75M-10.7% | |
| Distribution | $15M+7.1% | $11M-21.4% | $14M+7.7% | $14M0.0% | $14M0.0% | |
| Engine | $164M+5.8% | $159M+7.4% | $159M+8.2% | $151M-9.6% | $155M+0.6% | |
| Power Systems | $66M+15.8% | $65M+16.1% | $62M+8.8% | $69M+9.5% | $57M-5.0% | |
| Depreciation and Amortization by Business | ||||||
| Accelera | $9M-25.0% | $14M-12.5% | $13M-18.8% | $13M-13.3% | $12M-14.3% | |
| Components | $128M+4.9% | $125M-0.8% | $122M+0.8% | $127M+5.0% | $122M-2.4% | |
| Distribution | $35M+9.4% | $33M+6.5% | $32M+3.2% | $32M+6.7% | $32M+3.2% | |
| Engine | $72M+7.5% | $70M+9.4% | $71M+14.5% | $68M+11.5% | $67M+15.5% | |
| Power Systems | $36M+9.1% | $36M+12.5% | $36M+9.1% | $35M+9.4% | $33M-2.9% | |
| Product Warranty Expense by Business | ||||||
| Accelera | $13M+62.5% | $57M+280% | $18M+260% | $12M+100% | $8M0.0% | |
| Components | $27M+3.8% | $37M+363% | $29M-21.6% | $28M-57.6% | $26M-58.1% | |
| Distribution | $7M+16.7% | $7M+16.7% | $5M-28.6% | $5M0.0% | $6M+20.0% | |
| Engine | $93M+9.4% | $107M+16.3% | $97M-4.0% | $119M-2.5% | $85M-19.0% | |
| Power Systems | $17M-46.9% | $31M-13.9% | $37M+42.3% | $26M+8.3% | $32M+113% | |
| Net Sales by Product | ||||||
| Drivetrain and braking systems | $918M-13.1% | $917M-17.6% | $916M-19.0% | $1.09B-12.8% | $1.06B-14.3% | |
| Emission solutions | $807M+2.0% | $764M+2.8% | $702M-7.5% | $777M-5.5% | $791M-7.6% | |
| Engines | $342M-7.6% | $417M-0.5% | $416M+3.7% | $384M-11.9% | $370M-12.3% | |
| Generator technologies | $160M+11.9% | $152M+22.6% | $180M+50.0% | $172M+43.3% | $143M+30.0% | |
| Heavy-duty truck | $563M-13.9% | $623M-18.0% | $540M-30.9% | $727M-24.9% | $654M-19.4% | |
| Industrial | $293M+3.2% | $333M+3.7% | $323M+10.2% | $298M+7.2% | $284M+19.3% | |
| Light-duty automotive | $448M+5.4% | $440M+50.2% | $583M+45.8% | $482M+6.2% | $425M-3.0% | |
| Medium-duty truck and bus | $613M-12.4% | $638M-16.5% | $533M-33.9% | $676M-14.6% | $700M-5.1% | |
| Off-highway | $342M+31.0% | $279M+13.0% | $266M+16.7% | $277M+9.1% | $261M+3.2% | |
| Parts | $1.06B+3.6% | $1.02B+4.2% | $1.01B+1.4% | $1.01B+2.3% | $1.03B+2.9% | |
| Power generation | $640M+43.8% | $577M+5.5% | $623M+24.8% | $584M+19.2% | $445M+23.6% | |
| Service | $433M+4.1% | $449M+1.6% | $494M+9.1% | $439M-1.8% | $416M+2.7% | |
| Revenue by Product | ||||||
| Automated transmissions | $88M-24.8% | —— | $87M-41.2% | $123M-24.1% | $117M-29.1% | |
| Components and software | $325M+6.2% | —— | $281M+12.9% | $301M+7.9% | $306M+2.0% | |
| Power generation | $1.27B+16.6% | —— | $1.25B+14.5% | $1.2B+26.3% | $1.09B+54.6% | |
| NET SALES (Notes 1 and 2) by Geography | ||||||
| Africa and Middle East | $56M-5.1% | —— | —— | —— | $59M— | |
| Asia Pacific | $327M+36.3% | $319M+4.2% | $311M-9.1% | $280M-9.7% | $240M-15.8% | |
| China | $1B+28.4% | $849M+13.0% | $844M+16.1% | $826M+10.6% | $779M+7.7% | |
| Europe | $303M+12.6% | $321M-8.0% | $273M-11.1% | $323M+14.1% | $269M+12.1% | |
| India | $471M+10.6% | $433M-12.3% | $447M+7.5% | $415M-2.4% | $426M-4.1% | |
| Latin America | $51M+2.0% | $62M-13.9% | $98M+38.0% | $83M+29.7% | $50M-15.3% | |
| North America | $2.17B+3.3% | $2.25B+9.6% | $2.2B+13.0% | $2.07B+9.2% | $2.1B+21.9% | |
| United States | $4.5B-5.3% | $4.7B+0.1% | $4.66B-3.4% | $4.87B-5.0% | $4.75B-0.7% |
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.
