What is Cummins's SG&A?

Cummins (CMI) reported SG&A of $845M in Q1 2026.

How has Cummins's SG&A changed year-over-year?

Cummins's SG&A increased by 9.6% year-over-year, from $771M to $845M.

What is the long-term trend for Cummins's SG&A?

Over 4 years (2021 to 2025), Cummins's SG&A has grown at a 7.1% compound annual growth rate (CAGR), from $2.37B to $3.13B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Cummins CMI SG&A

SG&A at other companies

Cabot CorporationCBT

$67M+4.7%

UnifirstUNF

$157.41M+10.9%

BeldenBDC

$138.65M+5.4%

MYR GroupMYRG

$69.42M+11.0%

10x Genomics, Inc.TXG

$66.38M-26.0%

ADTADT

$364.77M-1.0%

Other financials

Income statement

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Revenue$8.4B+2.7%

Gross profit$2.2B+4.1%

Operating income$949.0M-16.3%

Net income$680.0M-20.0%

EPS (diluted)$4.71-21.0%

Balance sheet

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Cash & equivalents$2.6B+70.6%

Total debt$8.0B+25.0%

Total equity$12.4B+13.1%

Total assets$34.4B+5.9%

Cash flow

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Operating cash flow$309.0M+10,400%

CapEx$189.0M+16.7%

Free cash flow$120.0M+173%

Valuation

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Market cap$100.4B+132%

Enterprise value$105.81B+120%

P/E36×+21.0×

P/S3×+1.7×

Profitability

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Gross margin25.4%+0.1pp

Operating margin11.3%-0.4pp

Net margin8.2%-0.3pp

FCF margin7.9%+7.9pp

Returns & leverage

See full

Return on equity23.9%-5.0pp

Debt / equity0.6×+0.1×

Current ratio1.7×+0.4×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Cummins’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cummins's SG&A?: Cummins (CMI) reported SG&A of $845M in Q1 2026.
How has Cummins's SG&A changed year-over-year?: Cummins's SG&A increased by 9.6% year-over-year, from $771M to $845M.
What is the long-term trend for Cummins's SG&A?: Over 4 years (2021 to 2025), Cummins's SG&A has grown at a 7.1% compound annual growth rate (CAGR), from $2.37B to $3.13B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.