CUMMINS INC
CMIIndustrials & materialscummins.com
Latest available resultsSeptember 30, 2026Quarter · 10-Q filed Nov 5, 2026
Next reportFebruary 3, 2027after close · forecast 8.59 $/share
Revenue
$9.44B
▲ +13.5% vs prior year YoY
Net income
$1.17B
▲ +109.1% vs prior year YoY
EPS
8.25$
▲ +113.7% vs prior year YoY
Net margin
12.4%
▲ +5.7 pp vs prior year YoY
Revenue▲ +13.5%
Margins (% of revenue)GrossOperatingNet
Net income▲ +109.1%
EPS▲ +113.7%
Financial statements
View 10-Q filed November 5, 2026 on SEC ↗| Metric | Dec 2024* | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025* | Mar 2026 | Jun 2026 | Sep 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $8.45B | $8.17B | $8.64B | $8.32B | $8.54B | $8.40B | $9.46B | $9.44B | ▲ +13.5% |
| Gross profit | $2.03B | $2.15B | $2.28B | $2.13B | $1.95B | $2.24B | $2.46B | $2.62B | ▲ +22.8% |
| Operating income | $732.00M | $1.13B | $1.23B | $852.00M | $813.00M | $949.00M | $1.28B | $1.44B | ▲ +69.5% |
| Net income | $445.00M | $850.00M | $928.00M | $559.00M | $620.00M | $680.00M | $968.00M | $1.17B | ▲ +109.1% |
| R&D | $356.00M | $344.00M | $357.00M | $345.00M | $350.00M | $358.00M | $385.00M | $400.00M | ▲ +15.9% |
| EPS (diluted) | — | 5.96 $ | 6.43 $ | 3.86 $ | — | 4.71 $ | 6.73 $ | 8.25 $ | ▲ +113.7% |
| Margins (% of revenue) | |||||||||
| Gross | 24.1 % | 26.4 % | 26.4 % | 25.6 % | 22.9 % | 26.7 % | 26.1 % | 27.7 % | ▲ +2.1 pt |
| Operating | 8.7 % | 13.9 % | 14.2 % | 10.2 % | 9.5 % | 11.3 % | 13.5 % | 15.3 % | ▲ +5.1 pt |
| Net | 5.3 % | 10.4 % | 10.7 % | 6.7 % | 7.3 % | 8.1 % | 10.2 % | 12.4 % | ▲ +5.7 pt |
| Balance sheet | |||||||||
| Assets | $31.54B | $32.53B | $34.26B | $33.64B | $33.99B | $34.45B | $35.63B | $36.59B | ▲ +8.8% |
| Liabilities | $20.23B | $20.56B | $21.39B | $20.54B | $20.58B | $21.07B | $21.72B | $22.24B | ▲ +8.3% |
| Equity | $11.31B | $11.97B | $12.87B | $13.10B | $13.41B | $13.37B | $13.91B | $14.35B | ▲ +9.5% |
| Cash | $1.67B | $1.53B | $2.32B | $2.57B | $2.85B | $2.61B | $3.18B | $3.57B | ▲ +39.2% |
| Capital | |||||||||
| Shares outstanding | 137.48M | 137.75M | 137.79M | 138.04M | 138.17M | 137.99M | 137.66M | 137.08M | ▼ -0.7% |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.