Cummins

CMI Industrials Market cap $74.5B as of Sep 14, 2026 16:00 ET S&P 500

Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 4, 2026

Revenue$9.46B +9% year over year

Gross profit$2.47B 26% margin

Operating profit$1.28B 14% margin

Net profit$0.97B 10% margin

The numbers behind the diagram

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item	Value	Share of revenue	Year over year
Revenue	9.46	100%	+9%
Distribution	3.32	35%	+9%
Components	2.43	26%
Engine	2.35	25%
Power systems	1.22	13%
Accelera	0.14	1%
Cost of revenue	−6.99	74%
Gross profit	2.47	26% margin	+0pp
R&D	−0.39	4%	+0pp
SG&A	−0.80	9%	+0pp
Operating profit	1.28	14% margin	−1pp
Tax	−0.31
Net profit	0.97	10% margin	−1pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item	Value	Share of revenue	Year over year
Revenue	8.40	100%	+3%
Distribution	3.11	37%	+7%
Components	2.14	26%	−6%
Engine	1.97	23%	−4%
Power systems	1.09	13%	+25%
Accelera	0.09	1%	+2%
Cost of revenue	−6.16	73%
Gross profit	2.24	27% margin	+0pp
R&D	−0.36	4%	+0pp
SG&A	−0.85	10%	+1pp
Other	−0.09	1%	+0pp
Operating profit	0.95	11% margin	−3pp
Tax	−0.27
Net profit	0.68	8% margin	−2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	8.54	100%	+1%
Distribution	3.28	38%	+7%
Components	2.09	25%	−7%
Engine	1.98	23%	−4%
Power systems	1.06	13%	+7%
Accelera	0.12	1%	+45%
Cost of revenue	−6.59	77%
Gross profit	1.95	23% margin	−1pp
R&D	−0.35	4%	+0pp
SG&A	−0.79	9%	+0pp
Operating profit	0.81	10% margin	+1pp
Tax	−0.19
Net profit	0.62	7% margin	+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	8.32	100%	−2%
Distribution	3.17	38%	+7%
Engine	2.61	31%	−11%
Components	2.33	28%	−15%
Accelera	0.12	2%
Other revenue	0.09	1%
Cost of revenue	−6.19	74%
Gross profit	2.13	26% margin	+0pp
R&D	−0.35	4%	+0pp
SG&A	−0.79	9%	+0pp
Other	−0.14	2%	+0pp
Operating profit	0.85	10% margin	−2pp
Tax	−0.29
Net profit	0.56	7% margin	−3pp

Filing on EDGAR This quarter on its own page

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item	Value	Share of revenue	Year over year
Segment revenue	8.75	101%
Distribution	3.04	35%	+7%
Engine	2.90	34%	−8%
Components	2.71	31%	−9%
Accelera	0.11	1%
Eliminations	−0.11	−1%
Net revenue	8.64	100%	−2%
Cost of revenue	−6.36	74%
Gross profit	2.28	26% margin	+1pp
R&D	−0.36	4%	+0pp
SG&A	−0.70	8%	+0pp
Operating profit	1.23	14% margin	+2pp
Tax	−0.30
Net profit	0.93	11% margin	+2pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

Filing on EDGAR This quarter on its own page

Financial health

The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.

Every set of results we hold, newest first. Open one on its own page.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26 Apr 1 – Jun 30, 2026 reported Aug 4, 2026 Operating margin 14% Net profit $0.97B	Apr 1 – Jun 30, 2026	Aug 4, 2026	$9.5B	+9%	14%	$0.97B	10%
Q1 FY26 Jan 1 – Mar 31, 2026 reported May 5, 2026 Operating margin 11% Net profit $0.68B	Jan 1 – Mar 31, 2026	May 5, 2026	$8.4B	+3%	11%	$0.68B	8%
Q4 FY25 Oct 1 – Dec 31, 2025 reported Feb 10, 2026 Operating margin 10% Net profit $0.62B	Oct 1 – Dec 31, 2025	Feb 10, 2026	$8.5B	+1%	10%	$0.62B	7%
Q3 FY25 Jul 1 – Sep 30, 2025 reported Nov 6, 2025 Operating margin 10% Net profit $0.56B	Jul 1 – Sep 30, 2025	Nov 6, 2025	$8.3B	−2%	10%	$0.56B	7%
Q2 FY25 Apr 1 – Jun 30, 2025 reported Aug 5, 2025 Operating margin 14% Net profit $0.93B	Apr 1 – Jun 30, 2025	Aug 5, 2025	$8.6B	−2%	14%	$0.93B	11%