Form 10-Q · Quarterly report
Cummins 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0000026172
- Accession no.
- 0000026172-26-000029
Summary
Cummins reported second-quarter 2026 net sales of $9.5 billion and net income attributable to Cummins of $932 million, or $6.73 per diluted share, versus $8.6 billion and $890 million a year earlier, with growth driven mainly by power generation equipment, especially for data center applications. For the first six months of 2026, net income fell to $1.6 billion from $1.7 billion, which Cummins attributed primarily to a loss on the sale of a business and the settlement of current and future customer obligations, plus higher compensation costs.
Key points
- Worldwide revenues rose 9% in the quarter, with international sales up 12% and U.S. and Canada sales up 8%; six-month revenues rose 6%.
- Cummins said the financial impact of tariffs, net of mitigation actions and U.S. government refunds, was immaterial to profitability and operating cash flows for the three and six months ended June 30, 2026.
- The U.S. Supreme Court ruled on February 20, 2026 that U.S. tariffs imposed under the International Emergency Economic Powers Act were unauthorized, and new tariffs were subsequently imposed under different statutes.
- Cummins operates five reportable segments: Engine, Components, Distribution, Power Systems and Accelera.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. Management’s Discussion Overview We are a global power leader committed to powering a more prosperous world. Since 1919, we have delivered innovative solutions that move people, goods and economies forward. Our five reportable segments - Engine, Components, Distribution, Power Systems and Accelera - offer a broad portfolio, including advanced diesel, electric and hybrid powertrains; integrated power generation systems; critical components such as aftertreatment, turbochargers, fuel systems, controls, transmissions, axles and brakes; and zero emissions technologies like battery and electric powertrain systems. …
An excerpt of the text as filed with the SEC, cut for length.
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