Cummins Earnings Reports

Revenue slightly declined to $8.3B, with net income of $536M impacted by $240M in non-cash Accelera charges. Strong performance in Power Systems and Distribution offset weakness in Components and Engine segments.

Cummins delivered strong earnings in Q2 2025, with increased net income and higher EPS despite a 2% revenue dip. The Power Systems and Distribution segments saw record profitability, while North American truck demand softened.

Cummins delivered strong Q1 results with record performance in the Power Systems segment, but withdrew full-year guidance amid economic uncertainty and tariff pressures.

Cummins delivered strong operational results in the fourth quarter and achieved record full year revenues, net income, EBITDA and EPS, despite a decline in heavy duty truck demand in North America. Fourth quarter revenues were $8.4 billion, and net income attributable to Cummins was $418 million, or $3.02 per diluted share.

Cummins reported strong third-quarter results with revenues of $8.5 billion and net income of $809 million. The company is maintaining its full-year revenue guidance and has adjusted its EBITDA projection to the top end of the previous range.

Cummins reported record second quarter revenues of $8.8 billion and GAAP net income of $726 million. The company is raising its full-year 2024 revenue guidance to be down 3% to flat and expects EBITDA to be in the range of 15.0% to 15.5%.

Cummins reported first-quarter revenues of $8.4 billion and GAAP Net Income of $2.0 billion, which includes a net gain of $1.3 billion from the separation of Atmus. The company is raising its full-year revenue and EBITDA guidance after adjusting for the Atmus separation.

Cummins Inc. reported a net loss for Q4 2023 due to a $2.04 billion charge related to an agreement to resolve U.S. regulatory claims. Despite the loss, revenues increased by 10% compared to the same quarter in 2022, driven by strong demand across most of Cummins’ global markets. Full year revenues and operating cash flow reached record highs.

Cummins Inc. reported a 15% increase in third-quarter revenues to $8.4 billion compared to the same quarter in 2022. Net income attributable to Cummins was $656 million, or $4.59 per diluted share, compared to $400 million, or $2.82 per diluted share in 2022. The company is raising its full year 2023 revenue guidance to be up 18 to 21 percent.

Cummins Inc. reported strong second-quarter results, with record revenues of $8.6 billion, a 31% increase compared to the same quarter in 2022. Net income attributable to Cummins was $720 million, or $5.05 per diluted share, compared to $702 million, or $4.94 per diluted share in 2022.

Cummins reported record first-quarter results for 2023, with revenues reaching $8.5 billion, a 32% increase from the previous year. The company's net income was $790 million, or $5.55 per diluted share, driven by strong demand across key markets and regions and the addition of Meritor. The company is raising its full year 2023 revenue guidance to be up 15 to 20 percent.

Cummins reported a strong fourth quarter with revenues of $7.8 billion and net income of $631 million. The results reflect the inclusion of Meritor and were driven by strong demand across most key regions, although partially offset by slowdowns in China and Russia. The company is also providing a positive outlook for 2023, expecting revenue growth and continued margin expansion.

Cummins reported third quarter revenues of $7.3 billion and GAAP Net Income of $400 million. The results reflect the acquisition of Meritor, costs related to the separation of the Filtration business, and discrete tax items.

Cummins reported record revenues of $6.6 billion and net income of $702 million in Q2 2022. Demand for products remained strong across most key markets, except China. The company is maintaining its full year 2022 guidance, expecting revenue to be up 8 percent and EBITDA of approximately 15.5 percent.

Cummins reported a 5% increase in first-quarter revenues to $6.4 billion, driven by strong demand in North America. Net income was $418 million, impacted by costs related to the suspension of operations in Russia and the separation of the Filtration business. The company is raising its full-year revenue guidance to up 8 percent.

Cummins reported flat fourth-quarter revenues compared to the same period last year, while net income decreased. The company faced significant supply chain constraints, leading to elevated costs and impacting margins. Full year revenues reached a record $24 billion, but fourth-quarter performance was affected by industry challenges.

Cummins Inc. reported a 17% increase in third-quarter revenue to $6.0 billion compared to the same quarter in 2020, with net income attributable to Cummins rising to $534 million ($3.69 per diluted share). The company is adjusting its full-year revenue growth forecast to approximately 20% and EBITDA to approximately 15.0% due to ongoing supply chain challenges.

Cummins reported strong second-quarter results with revenues up 59% year-over-year to $6.1 billion and net income of $600 million, driven by robust demand across key markets, particularly in North America.

Cummins Inc. reported a strong first quarter with revenues of $6.1 billion, a 22% increase from the same quarter in 2020. The company raised its full-year 2021 revenue guidance due to stronger demand across all markets.

Cummins Inc. reported a 5% increase in fourth-quarter revenues to $5.8 billion and a GAAP net income of $501 million. Full year revenues were $19.8 billion with a GAAP net income of $1.8 billion. The company projects full year 2021 revenues to be up 8 to 12 percent.

Cummins Inc. reported third-quarter results with revenues of $5.1 billion, a decrease of 11% compared to the same quarter in 2019. However, the company achieved a net income of $501 million and a record quarterly operating cash flow of $1.2 billion.

Cummins Inc. reported a 38% decrease in second quarter revenues to $3.9 billion compared to the same quarter in 2019. Net income attributable to Cummins was $276 million ($1.86 per diluted share), compared to $675 million ($4.27 per diluted share) in 2019.

Cummins Inc. reported a decrease in first-quarter revenue by 17% to $5.0 billion compared to the same quarter in 2019. The decrease was attributed to lower truck production in North America and weaker demand in global construction, mining, and power generation markets. Net income attributable to Cummins was $511 million ($3.41 per diluted share), compared to $663 million ($4.20 per diluted share) in 2019.

Cummins Inc. reported Q4 2019 results with revenues of $5.6 billion, a 9% decrease compared to the same quarter in 2018. Net income was $300 million ($1.97 per diluted share). The results were impacted by lower truck production in North America and weaker demand in global construction, mining, and power generation markets. The company took actions to reduce costs, expecting annual savings of $250 to $300 million.