# Cummins Inc: overview

CMI · NYSE · CIK 26172 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cmi.md) · [Financials](/companies/cmi/financials.md) · [Filings](/companies/cmi/filings.md) · [Insiders](/companies/cmi/insiders.md)

Latest reported revenue: [$9.46bn](/filings/0000026172-26-000029.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000026172-26-000029).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [8,456](/filings/0000026172-25-000039.md) | [8,447 d](/filings/0000026172-26-000009.md) | [8,174](/filings/0000026172-26-000016.md) | [8,643](/filings/0000026172-26-000029.md) | [8,317](/filings/0000026172-25-000039.md) | [8,536 d](/filings/0000026172-26-000009.md) | [8,398](/filings/0000026172-26-000016.md) | [9,457](/filings/0000026172-26-000029.md) |
| Gross margin | % | [25.7%](/filings/0000026172-25-000039.md) | [24.1% d](/filings/0000026172-26-000009.md) | [26.4%](/filings/0000026172-26-000016.md) | [26.4%](/filings/0000026172-26-000029.md) | [25.6%](/filings/0000026172-25-000039.md) | [22.9% d](/filings/0000026172-26-000009.md) | [26.7%](/filings/0000026172-26-000016.md) | [26.1%](/filings/0000026172-26-000029.md) |
| Operating margin | % | [12.4%](/filings/0000026172-25-000039.md) | [8.7% d](/filings/0000026172-26-000009.md) | [13.9%](/filings/0000026172-26-000016.md) | [14.2%](/filings/0000026172-26-000029.md) | [10.2%](/filings/0000026172-25-000039.md) | [9.5% d](/filings/0000026172-26-000009.md) | [11.3%](/filings/0000026172-26-000016.md) | [13.5%](/filings/0000026172-26-000029.md) |
| Net margin | % | [10.0%](/filings/0000026172-25-000039.md) | [5.3% d](/filings/0000026172-26-000009.md) | [10.4%](/filings/0000026172-26-000016.md) | [10.7%](/filings/0000026172-26-000029.md) | [6.7%](/filings/0000026172-25-000039.md) | [7.3% d](/filings/0000026172-26-000009.md) | [8.1%](/filings/0000026172-26-000016.md) | [10.2%](/filings/0000026172-26-000029.md) |
| Diluted EPS | $ per share | [5.86](/filings/0000026172-25-000039.md) | not reported | [5.96](/filings/0000026172-26-000016.md) | [6.43](/filings/0000026172-26-000029.md) | [3.86](/filings/0000026172-25-000039.md) | not reported | [4.71](/filings/0000026172-26-000016.md) | [6.73](/filings/0000026172-26-000029.md) |
| Free cash flow | $m | [381 d](/filings/0000026172-25-000039.md) | [882 d](/filings/0000026172-26-000009.md) | [(165)](/filings/0000026172-26-000016.md) | [554 d](/filings/0000026172-26-000029.md) | [1,007 d](/filings/0000026172-25-000039.md) | [990 d](/filings/0000026172-26-000009.md) | [120](/filings/0000026172-26-000016.md) | [1,250 d](/filings/0000026172-26-000029.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [24.0](/filings/0000026172-24-000012.md) | [28.1](/filings/0000026172-25-000007.md) | [34.1](/filings/0000026172-26-000009.md) | [34.1](/filings/0000026172-26-000009.md) | [33.7](/filings/0000026172-26-000009.md) |
| Gross margin | % | [23.7%](/filings/0000026172-24-000012.md) | [23.9%](/filings/0000026172-25-000007.md) | [24.2%](/filings/0000026172-26-000009.md) | [24.7%](/filings/0000026172-26-000009.md) | [25.3%](/filings/0000026172-26-000009.md) |
| Operating margin | % | [11.3%](/filings/0000026172-24-000012.md) | [10.4%](/filings/0000026172-25-000007.md) | [5.2%](/filings/0000026172-26-000009.md) | [11.0%](/filings/0000026172-26-000009.md) | [12.0%](/filings/0000026172-26-000009.md) |
| Net margin | % | [9.0%](/filings/0000026172-24-000012.md) | [7.8%](/filings/0000026172-25-000007.md) | [2.5%](/filings/0000026172-26-000009.md) | [11.9%](/filings/0000026172-26-000009.md) | [8.8%](/filings/0000026172-26-000009.md) |
| Diluted EPS | $ per share | [14.61](/filings/0000026172-24-000012.md) | [15.12](/filings/0000026172-25-000007.md) | [5.15](/filings/0000026172-26-000009.md) | [28.37](/filings/0000026172-26-000009.md) | [20.50](/filings/0000026172-26-000009.md) |
| Free cash flow | $bn | [1.5](/filings/0000026172-24-000012.md) | [1.0](/filings/0000026172-25-000007.md) | [2.8](/filings/0000026172-26-000009.md) | [0.3](/filings/0000026172-26-000009.md) | [2.4](/filings/0000026172-26-000009.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cmi/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $8.20bn | 11,503,261 |  | Reduced −332,263 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $6.43bn | 9,010,359 |  | Added +34,388 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $5.37bn | 7,534,991 |  | Added +36,981 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.93bn | 6,908,874 |  | Added +101,184 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $4.34bn | 6,085,944 |  | Added +657,632 |
| [Fisher Asset Management, LLC](/funds/850529.md) | 2026-06-30 | $2.56bn | 3,595,361 |  | Added +98,301 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.29bn | 3,229,444 |  | Reduced −516,944 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $2.22bn | 3,107,922 |  | Added +41,441 |
| [BANK OF AMERICA CORP /DE/](/funds/70858.md) | 2026-06-30 | $1.41bn | 1,974,668 |  | Added +217,420 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $1.27bn | 1,779,281 |  | New +1,779,281 |

## Recent filings

[All 1,810 filings](/companies/cmi/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-04 | 11:26 ET | [10-Q](/filings/0000026172-26-000029.md) | Quarterly report, period 2026-06-30 | 0000026172-26-000029 |
| 2026-08-04 | 07:58 ET | [8-K](/filings/0000026172-26-000026.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000026172-26-000026 |
| 2026-05-14 | 14:44 ET | [8-K](/filings/0000026172-26-000018.md) | 5.07 Shareholder vote results | 0000026172-26-000018 |
| 2026-05-05 | 12:20 ET | [10-Q](/filings/0000026172-26-000016.md) | Quarterly report, period 2026-03-31 | 0000026172-26-000016 |
| 2026-05-05 | 07:40 ET | [8-K](/filings/0000026172-26-000013.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000026172-26-000013 |
| 2026-04-02 | 16:10 ET | [DEF 14A](/filings/0001104659-26-039158.md) | Proxy statement, period 2026-05-12 | 0001104659-26-039158 |
| 2026-02-10 | 15:11 ET | [10-K](/filings/0000026172-26-000009.md) | Annual report, period 2025-12-31 | 0000026172-26-000009 |
| 2026-02-05 | 07:54 ET | [8-K](/filings/0000026172-26-000004.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000026172-26-000004 |
| 2025-11-06 | 12:57 ET | [10-Q](/filings/0000026172-25-000039.md) | Quarterly report, period 2025-09-30 | 0000026172-25-000039 |
| 2025-11-06 | 07:37 ET | [8-K](/filings/0000026172-25-000036.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0000026172-25-000036 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000026172-26-000009.md), filed Feb 10, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/6bd6e8cd-927c-498a-a63d-8a1e8a6c108d)

## About the filer

- CIK: 26172
- Tickers: CMI
- Exchange: NYSE
- SIC code: 3510 Engines & Turbines
- State of incorporation: IN
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:18 ET. No prices; not investment advice.