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 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.

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• 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.