Cummins (CMI)
Builds engines, power systems and commercial-vehicle components backed by global parts and service.
$524.41
vs last close−10.37 (−1.94%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8,431 | 8,543 | 8,403 | 8,796 | 8,456 | 8,447 | 8,174 | 8,643 | 8,317 | 8,536 | 8,398 | 9,457 |
| Cost of revenue | 6,360 | 6,542 | 6,362 | 6,603 | 6,285 | 6,413 | 6,019 | 6,362 | 6,188 | 6,585 | 6,155 | 6,992 |
| Gross profit | 2,071 | 2,001 | 2,041 | 2,193 | 2,171 | 2,034 | 2,155 | 2,281 | 2,129 | 1,951 | 2,243 | 2,465 |
| 1,121 | 3,213 | 1,118 | 1,148 | 1,121 | 1,302 | 1,021 | 1,055 | 1,134 | 1,311 | 1,294 | 1,186 | |
| Research & development | 376 | 390 | 369 | 379 | 359 | 356 | 344 | 357 | 345 | 350 | 358 | 385 |
| 831 | 751 | 809 | 828 | 807 | 801 | 754 | 779 | 789 | 786 | 845 | 893 | |
| Selling & marketing | 0 | 0 | 0 | −2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 0 | 809 | 830 | 0 | 0 | 754 | 0 | 0 | 0 | 845 | 0 |
| Other expenses | −86 | 2,072 | −60 | −59 | −45 | 145 | −77 | −81 | 0 | 175 | 91 | −92 |
| Operating income | 950 | −1,212 | 923 | 1,045 | 1,050 | 732 | 1,134 | 1,226 | 995 | 640 | 949 | 1,279 |
| −72 | −18 | 1,298 | −68 | −7 | −70 | −17 | −1 | −165 | 151 | −15 | 14 | |
| Interest income | 72 | 56 | 52 | 53 | 47 | 34 | 60 | 52 | 51 | 48 | 57 | 0 |
| Interest expense | 97 | 92 | 89 | 109 | 83 | 89 | 77 | 87 | 83 | 82 | 76 | 80 |
| Other non-operating income | −25 | −74 | −1,387 | −41 | −76 | −19 | −60 | −86 | 82 | −233 | 61 | 94 |
| Income before tax | 878 | −1,230 | 2,221 | 977 | 1,043 | 662 | 1,117 | 1,225 | 830 | 791 | 934 | 1,293 |
| Income tax expense | 188 | 163 | 193 | 225 | 200 | 217 | 267 | 297 | 271 | 171 | 254 | 325 |
| Net income from continuing operations | 690 | −1,393 | 2,028 | 752 | 843 | 445 | 850 | 928 | 559 | 620 | 680 | 968 |
| Net income | 656 | −1,431 | 1,993 | 726 | 809 | 418 | 824 | 890 | 536 | 593 | 654 | 932 |
| EPS, basic | $4.63 | −$10.08 | $14.10 | $5.30 | $5.90 | $3.04 | $5.99 | $6.46 | $3.88 | $4.29 | $4.73 | $6.75 |
| EPS, diluted | $4.59 | −$10.08 | $14.03 | $5.26 | $5.86 | $3.02 | $5.96 | $6.42 | $3.85 | $4.27 | $4.71 | $6.73 |
| Weighted average shares, basic | 142 | 142 | 141 | 137 | 137 | 137 | 138 | 138 | 138 | 138 | 138 | 138 |
| Weighted average shares, diluted | 143 | 142 | 142 | 138 | 138 | 138 | 138 | 138 | 139 | 139 | 139 | 139 |
| EBITDA | 1,232 | −874 | 2,575 | 1,349 | 1,392 | 1,022 | 1,463 | 1,591 | 1,190 | 1,141 | 1,170 | 1,467 |
| Depreciation & amortization | 257 | 264 | 265 | 263 | 266 | 271 | 269 | 279 | 277 | 268 | 282 | 282 |
| EBIT | 975 | −1,138 | 2,310 | 1,086 | 1,126 | 751 | 1,194 | 1,312 | 913 | 873 | 888 | 1,185 |
