Loading...
•
Mar 31
Cummins Q1 2025 Earnings Report
Cummins reported a net income of $824 million on $8.2 billion in revenue for Q1 2025.
Key Takeaways
Cummins delivered strong Q1 results with record performance in the Power Systems segment, but withdrew full-year guidance amid economic uncertainty and tariff pressures.
Revenue for Q1 2025 was $8.2 billion, down 3% from the prior year.
Net income was $824 million, driven by solid performance across segments, especially Power Systems.
EPS came in at $5.96, with no adjustments reported.
The company withdrew its full-year forecast due to growing global economic uncertainty.
Cummins
Cummins
Cummins Revenue by Segment
Cummins Revenue by Geographic Location
Revenue by Segment
Engine Revenue
CapyFin.comComponents Revenue
CapyFin.comDistribution Revenue
CapyFin.comPower Systems Revenue
CapyFin.comAccelera Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
Cummins withdrew its full-year 2025 forecast due to increasing economic uncertainty and tariff-related risks.
Positive Outlook
- Record performance in Power Systems segment
- Strong EBITDA margin of 17.9%
- New product launches including the X10 and B7.2 engines
- Successful acquisition of First Mode's hybrid technology assets
- Accelera secured a major 100MW electrolyzer contract for bp's Lingen project
Challenges Ahead
- Full-year guidance withdrawn due to economic uncertainty
- Revenue declined 3% year-over-year
- Decline in Engine and Components segment revenues
- Cash flow from operations turned slightly negative
- Pressure from tariffs and weakening demand in Latin America and Asia Pacific
Revenue & Expenses
Visualization of income flow from segment revenue to net income