# CUMMINS INC. (CMI) FY2026 Q1 P&L / Income Statement - Company: CUMMINS INC. (CMI) - Period: 2026-01-01 to 2026-03-31 - Filing: Q1 FY2026 10-Q, filed 2026-05-05, accession number 0000026172-26-000016 - Page: https://plicit.ai/financials/cmi/fy2026-q1-income-statement - Chart image: https://plicit.ai/charts/cmi-fy2026-q1-income-statement-sankey.png ## Chart details: Revenue by Business Segment by Product and Service 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. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/cmi/fy2026-q1-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/cmi-fy2026-q1-revenue-by-geography-sankey.png Income statement for 2026-01-01 through 2026-03-31. View: Geography. 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 - **UNITED STATES**: 4,497,000,000 US dollars - **CHINA**: 1,000,000,000 US dollars - **INDIA**: 471,000,000 US dollars - **Other international**: 2,430,000,000 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 ### 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. - Of which attributable to CUMMINS INC.: $654.00 M; to noncontrolling interests: $26.00 M. ## Chart details: Revenue by Business Segment (10 categories) - Page: https://plicit.ai/financials/cmi/fy2026-q1-income-statement/revenue-by-business-segment-10-categories - Chart image: https://plicit.ai/charts/cmi-fy2026-q1-revenue-by-business-segment-10-categories-sankey.png Income statement for 2026-01-01 through 2026-03-31. View: Business segment (10 categories). 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 - **Engine**: 2,672,000,000 US dollars - **Components**: 2,530,000,000 US dollars - **Distribution**: 3,116,000,000 US dollars - **Power Systems**: 1,956,000,000 US dollars - **Accelera**: 101,000,000 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)**: 10,375,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Engine**: negative 706,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Components**: negative 392,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Distribution**: negative 7,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Power Systems**: negative 863,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Accelera**: negative 9,000,000 US dollars. Reported reconciliation to consolidated revenue. ### 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. ## Chart details: Revenue by Business Segment by Geography - Page: https://plicit.ai/financials/cmi/fy2026-q1-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/cmi-fy2026-q1-revenue-by-business-segment-by-geography-sankey.png Income statement for 2026-01-01 through 2026-03-31. View: Segments by Geographical. 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**: 2,530,000,000 US dollars - **Engine**: 2,672,000,000 US dollars - **Power Systems**: 1,956,000,000 US dollars - **Distribution - Africa and Middle East**: 56,000,000 US dollars - **Distribution - CHINA**: 120,000,000 US dollars - **Distribution - INDIA**: 84,000,000 US dollars - **Distribution - Asia Pacific**: 327,000,000 US dollars - **Distribution - Europe**: 303,000,000 US dollars - **Distribution - Latin America**: 51,000,000 US dollars - **Distribution - North America**: 2,168,000,000 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)**: 10,368,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Components above reported revenue (calculated)**: negative 1,970,000,000 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. ## Chart details: Revenue by Business Segment (5 categories) - Page: https://plicit.ai/financials/cmi/fy2026-q1-income-statement/revenue-by-business-segment-5-categories - Chart image: https://plicit.ai/charts/cmi-fy2026-q1-revenue-by-business-segment-5-categories-sankey.png Income statement for 2026-01-01 through 2026-03-31. View: Business segment (5 categories). 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 - **Engine**: 1,966,000,000 US dollars - **Components**: 2,138,000,000 US dollars - **Distribution**: 3,109,000,000 US dollars - **Power Systems**: 1,093,000,000 US dollars - **Accelera**: 92,000,000 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 ### 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. - Of which attributable to CUMMINS INC.: $654.00 M; to noncontrolling interests: $26.00 M.