Cummins Q1 FY26: where the revenue came from and where it went
The whole income statement of Cummins for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- May 5, 2026
Revenue$8.40B
+3% year over year
Gross profit$2.24B
27% margin
Operating profit$0.95B
11% margin
Net profit$0.68B
8% margin
The numbers
| 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 |
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