CUMMINS INC. (CMI) FY2026 Q1 P&L / Income Statement

CUMMINS INC. (CMI) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

NET SALES (Notes 1 and 2)

8,398,000,000 US dollars

Cost of sales

6,155,000,000 US dollars

GROSS MARGIN

2,243,000,000 US dollars

Operating costs, net of other operating items (calculated)

1,294,000,000 US dollars

OPERATING INCOME

949,000,000 US dollars

Other income (expense), net (calculated)

negative 15,000,000 US dollars

INCOME BEFORE INCOME TAXES

934,000,000 US dollars

Income tax expense (Note 5)

254,000,000 US dollars

CONSOLIDATED NET INCOME

680,000,000 US dollars

Accelera

101,000,000 US dollars

Components - Automated transmissions

88,000,000 US dollars

Components - Components and software

325,000,000 US dollars

Components - Drivetrain and braking systems

918,000,000 US dollars

Components - Emission solutions

807,000,000 US dollars

Distribution - Power generation

1,271,000,000 US dollars

Distribution - Engines

342,000,000 US dollars

Distribution - Parts

1,063,000,000 US dollars

Distribution - Service

433,000,000 US dollars

Engine - Heavy-duty truck

563,000,000 US dollars

Engine - Light-duty automotive

448,000,000 US dollars

Engine - Medium-duty truck and bus

613,000,000 US dollars

Engine - Off-highway

342,000,000 US dollars

Power Systems - Generator technologies

160,000,000 US dollars

Power Systems - Industrial

293,000,000 US dollars

Power Systems - Power generation

640,000,000 US dollars

Selling, general and administrative expenses

845,000,000 US dollars

Research, development and engineering expenses

358,000,000 US dollars

Equity, royalty and interest income from investees (Note 4)

negative 148,000,000 US dollars

Other operating expense, net (Note 14)

239,000,000 US dollars

Revenue before reconciliation (calculated)

8,407,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.

Components above reported revenue (calculated)

negative 9,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
• Of which attributable to CUMMINS INC.: $654.00 M; to noncontrolling interests: $26.00 M.