The financials
Cummins by the numbers
Cummins (CMI) reported revenue of $9.46B in Q2 2026 (quarter ended Jun 30, 2026), up 9.4% from the same quarter a year earlier. That came with a gross margin of 26% and net income of $968M (10% of revenue). For the full year FY2025, revenue was $33.7B (−1.3% year on year) and net income $2.96B. Its largest product in Q2 2026 was DBU Power Generation at $1.38B, 16% of the disclosed total, just ahead of Drivetrain And Braking Systems at 13%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $9.46B | $8.64B | +9.4% |
| Gross profit | $2.46B | $2.28B | +8.1% |
| Operating income | $1.28B | $1.23B | +4.3% |
| Net income | $968M | $928M | +4.3% |
| Diluted EPS | $6.73 | $6.43 | +4.7% |
| Product | Revenue | Share |
|---|---|---|
| DBU Power Generation | $1.38B | 16% |
| Drivetrain And Braking Systems | $1.12B | 13% |
| Parts | $1.08B | 12% |
| Emissionsolutions | $853M | 9.6% |
| Mediumdutytruckandbus | $772M | 8.7% |
| PSBU Power Generation | $744M | 8.4% |
| Heavydutytruck | $739M | 8.4% |
| Lightdutyautomotive | $490M | 5.5% |
| Engine Product Line | $395M | 4.5% |
| Offhighway | $348M | 3.9% |
| Components And Software | $335M | 3.8% |
| Industrial | $298M | 3.4% |
| Generatortechnologies | $175M | 2.0% |
| Automated Transmissions | $124M | 1.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $8.85B (+12%)
PSBU Power Generation grew +27% year on yearIndustrial 0.00% year on year
Segment Latestquarter on quarteryear on year
- DBU Power Generation$1.38B$1.38BQoQ +8.3%year on year +15%+8.3%+15%
- Drivetrain And Braking Systems$1.12B$1.12BQoQ +22%year on year +2.3%+22%+2.3%
- Parts$1.08B$1.08BQoQ +1.4%year on year +6.6%+1.4%+6.6%
- Emissionsolutions$853.0M$853.0MQoQ +5.7%year on year +9.8%+5.7%+9.8%
- Mediumdutytruckandbus$772.0M$772.0MQoQ +26%year on year +14%+26%+14%
- PSBU Power Generation$744.0M$744.0MQoQ +16%year on year +27%+16%+27%
- Heavydutytruck$739.0M$739.0MQoQ +31%year on year +1.7%+31%+1.7%
- Lightdutyautomotive$490.0M$490.0MQoQ +9.4%year on year +1.7%+9.4%+1.7%
- Engine Product Line$395.0M$395.0MQoQ +15%year on year +2.9%+15%+2.9%
- Offhighway$348.0M$348.0MQoQ +1.8%year on year +26%+1.8%+26%
- Components And Software$335.0M$335.0MQoQ +3.1%year on year +11%+3.1%+11%
- Industrial$298.0M$298.0MQoQ +1.7%year on year 0.00%+1.7%0.00%
- Generatortechnologies$175.0M$175.0MQoQ +9.4%year on year +1.7%+9.4%+1.7%
- Automated Transmissions$124.0M$124.0MQoQ +41%year on year +0.81%+41%+0.81%
Specialty Industrial Machinery
The closest names by size in the same industry