Cummins Quarterly Income Statement
NYSE: CMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cummins revenue and earnings
In the quarter ended Jun 30, 2026, Cummins generated $9.46 billion in revenue, up 9.4% from the same quarter a year earlier. Net income was $968.0 million (+4.3% year over year), for a net margin of 10.2% versus a median of 8.1% in the prior 5 quarters. Gross margin was 26.1% (down from 26.4%) and operating margin 13.5%.
Diluted earnings per share came in at $6.73, up from $6.43.
Summary generated from market data by MetaCap's automated system. Methodology
Cummins income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.46B | 8.40B | 8.54B | 8.32B | 8.64B | 8.17B | 8.45B | 8.46B | 8.80B | 8.40B | 8.54B | 8.43B |
| Revenue growth (YoY) | +9.42% | +2.74% | +1.05% | -1.64% | -1.74% | -2.73% | -1.12% | +0.30% | +1.83% | -0.59% | +9.95% | +14.97% |
| Cost of Revenue | 6.99B | 6.16B | 6.58B | 6.19B | 6.36B | 6.02B | 6.41B | 6.29B | 6.60B | 6.36B | 6.54B | 6.36B |
| Gross Profit | 2.46B | 2.24B | 1.95B | 2.13B | 2.28B | 2.15B | 2.03B | 2.17B | 2.19B | 2.04B | 2.00B | 2.07B |
| Operating Expenses | 1.19B | 1.29B | 1.14B | 1.28B | 1.05B | 1.02B | 1.30B | 1.12B | 1.15B | 1.12B | 3.21B | 1.12B |
| Research & Development | 385.00M | 358.00M | 350.00M | 345.00M | 357.00M | 344.00M | 356.00M | 359.00M | 379.00M | 369.00M | 390.00M | 376.00M |
| Selling, General & Admin | 893.00M | 845.00M | 786.00M | 789.00M | 779.00M | 771.00M | 801.00M | 807.00M | 828.00M | 839.00M | 876.00M | 831.00M |
| Operating Income | 1.28B | 949.00M | 813.00M | 852.00M | 1.23B | 1.13B | 732.00M | 1.05B | 1.04B | 923.00M | -1.21B | 950.00M |
| Interest Expense | 80.00M | 76.00M | 82.00M | 83.00M | 87.00M | 77.00M | 89.00M | 83.00M | 109.00M | 89.00M | 92.00M | 97.00M |
| Other Income (Expense) | 94.00M | 61.00M | 60.00M | 61.00M | 86.00M | 60.00M | 19.00M | 76.00M | 41.00M | 1.39B | 74.00M | 25.00M |
| Pretax Income | 1.29B | 934.00M | 791.00M | 830.00M | 1.23B | 1.12B | 662.00M | 1.04B | 977.00M | 2.22B | -1.23B | 878.00M |
| Income Tax | 325.00M | 254.00M | 171.00M | 271.00M | 297.00M | 267.00M | 217.00M | 200.00M | 225.00M | 193.00M | 163.00M | 188.00M |
| Net Income | 968.00M | 680.00M | 620.00M | 559.00M | 928.00M | 850.00M | 445.00M | 843.00M | 752.00M | 2.03B | -1.39B | 690.00M |
| Net Income growth (YoY) | +4.31% | -20.00% | +39.33% | -33.69% | +23.40% | -58.09% | — | +22.17% | +2.04% | +151.61% | -316.30% | +68.70% |
| EPS (Basic) | 6.76 | 4.73 | 4.29 | 3.88 | 6.46 | 5.99 | 3.25 | 5.90 | 5.30 | 14.10 | -10.10 | 4.63 |
| EPS (Diluted) | 6.73 | 4.71 | 4.25 | 3.86 | 6.43 | 5.96 | 3.22 | 5.86 | 5.26 | 14.03 | -10.04 | 4.59 |
| Shares Outstanding (Basic) | 137.90M | 138.30M | — | 138.00M | 137.80M | 137.60M | — | 137.20M | 137.10M | 141.30M | — | 141.80M |
| Shares Outstanding (Diluted) | 138.50M | 138.80M | — | 138.80M | 138.50M | 138.30M | — | 138.10M | 137.90M | 142.10M | — | 142.80M |
| EBITDA | 1.56B | 1.23B | 1.09B | 1.13B | 1.50B | 1.40B | 1.00B | 1.32B | 1.31B | 1.19B | -948.00M | 1.21B |
| Gross Margin | 26.07% | 26.71% | 22.86% | 25.60% | 26.39% | 26.36% | 24.08% | 25.67% | 24.93% | 24.29% | 23.42% | 24.56% |
| Operating Margin | 13.52% | 11.30% | 9.52% | 10.24% | 14.18% | 13.87% | 8.67% | 12.42% | 11.88% | 10.98% | -14.19% | 11.27% |
| Net Margin | 10.24% | 8.10% | 7.26% | 6.72% | 10.74% | 10.40% | 5.27% | 9.97% | 8.55% | 24.13% | -16.31% | 8.18% |
This table shows 12 quarterly periods of Cummins's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CMI's reporting calendar. What is a income statement?