Cummins (CMI) Change in Inventory (2009 - 2026)
Cummins' (CMI) quarterly Change in Inventory came in at $279.0 million in Q2 2026, up 165.71% on a YoY basis from $105.0 million in Q2 2025, and down 16.22% quarter-over-quarter from $333.0 million in Q1 2026.
Analysis
Cummins (CMI) Change in Inventory (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Change in Inventory for 18 consecutive years, with $279.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory rose 165.71% year-over-year to $279.0 million; the trailing twelve-month figure through Jun 2026 stood at $235.0 million (down 70.62% YoY), and the FY2025 full-year result was $39.0 million, down 90.3% from the prior year.
- Change in Inventory declined to $279.0 million in Q2 2026 per CMI's latest filing, from $333.0 million in the prior quarter.
- Across five years, Change in Inventory topped out at $354.0 million in Q1 2024 and bottomed at -$407.0 million in Q4 2025.
- Historically, Change in Inventory has averaged $115.1 million across 5 years, with a median of $127.5 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Change in Inventory tumbled 960.0% in 2023, then jumped 402.35% in 2024.
- Over 5 years, Change in Inventory stood at -$30.0 million in 2022, then sank by 960.0% to -$318.0 million in 2023, then jumped by 133.65% to $107.0 million in 2024, then plunged by 480.37% to -$407.0 million in 2025, then soared by 168.55% to $279.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $279.0 million, $333.0 million, and -$407.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | 1.05 Bn |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 279.00 Mn |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | 167.90 Mn |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | - |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 12.00 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | - |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | - |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 13.00 Mn |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | - |
| 10 | Phinia | 2.45 Bn | 2.08 Bn | 216.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 279.00 Mn |
| Mar 31, 2026 | 333.00 Mn |
| Dec 31, 2025 | -407.00 Mn |
| Sep 30, 2025 | 30.00 Mn |
| Jun 30, 2025 | 105.00 Mn |
| Mar 31, 2025 | 331.00 Mn |
| Dec 31, 2024 | 107.00 Mn |
| Sep 30, 2024 | 257.00 Mn |
| Jun 30, 2024 | 115.00 Mn |
| Mar 31, 2024 | 354.00 Mn |
| Dec 31, 2023 | -318.00 Mn |
| Sep 30, 2023 | -85.00 Mn |
| Jun 30, 2023 | 140.00 Mn |
| Mar 31, 2023 | 263.00 Mn |
| Dec 31, 2022 | -30.00 Mn |
| Sep 30, 2022 | 99.00 Mn |
| Jun 30, 2022 | 209.00 Mn |
| Mar 31, 2022 | 289.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Oct 3, 2021 | 291.00 Mn |