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: 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

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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.
• Of which attributable to CUMMINS INC.: $654.00 M; to noncontrolling interests: $26.00 M.