Cummins (CMI) Cost of Revenue (2009 - 2026)
Cummins' (CMI) quarterly Cost of Revenue came in at $7.0 billion in Q2 2026, up 9.9% on a YoY basis from $6.4 billion in Q2 2025, and up 13.6% quarter-over-quarter from $6.2 billion in Q1 2026.
Analysis
Cummins (CMI) Cost of Revenue (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Cost of Revenue for 18 consecutive years, with $7.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 9.9% year-over-year to $7.0 billion; the trailing twelve-month figure through Jun 2026 stood at $25.9 billion (up 3.35% YoY), and the FY2025 full-year result was $25.2 billion, down 1.98% from the prior year.
- Cost of Revenue climbed to $7.0 billion in Q2 2026 per CMI's latest filing, from $6.2 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $7.0 billion in Q2 2026 and bottomed at $4.9 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $6.2 billion across 5 years, with a median of $6.4 billion in 2023.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 33.54% in 2023, then decreased 5.39% in 2025.
- Over 5 years, Cost of Revenue stood at $6.0 billion in 2022, then rose by 9.93% to $6.5 billion in 2023, then decreased by 1.97% to $6.4 billion in 2024, then grew by 2.68% to $6.6 billion in 2025, then gained by 6.18% to $7.0 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $7.0 billion, $6.2 billion, and $6.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.83 Bn | 365.11 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Cummins | 73.24 Bn | 69.63 Bn | 2.47 Bn | 6.99 Bn |
| 3 | Paccar | 61.09 Bn | 52.42 Bn | 1.56 Bn | 5.99 Bn |
| 4 | Borgwarner | 12.90 Bn | 10.63 Bn | 721.00 Mn | 2.93 Bn |
| 5 | Allison Transmission Holdings | 9.67 Bn | 9.27 Bn | 515.00 Mn | 1.05 Bn |
| 6 | Oshkosh | 9.07 Bn | 8.66 Bn | 480.30 Mn | 2.43 Bn |
| 7 | Federal Signal | 6.95 Bn | 6.88 Bn | 203.80 Mn | 466.40 Mn |
| 8 | Terex | 6.75 Bn | 6.34 Bn | 444.00 Mn | 1.79 Bn |
| 9 | Dana | 3.21 Bn | 2.94 Bn | 210.00 Mn | 1.80 Bn |
| 10 | Phinia | 2.25 Bn | 1.88 Bn | 216.00 Mn | 724.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.99 Bn |
| Mar 31, 2026 | 6.16 Bn |
| Dec 31, 2025 | 6.59 Bn |
| Sep 30, 2025 | 6.19 Bn |
| Jun 30, 2025 | 6.36 Bn |
| Mar 31, 2025 | 6.02 Bn |
| Dec 31, 2024 | 6.41 Bn |
| Sep 30, 2024 | 6.29 Bn |
| Jun 30, 2024 | 6.60 Bn |
| Mar 31, 2024 | 6.36 Bn |
| Dec 31, 2023 | 6.54 Bn |
| Sep 30, 2023 | 6.36 Bn |
| Jun 30, 2023 | 6.49 Bn |
| Mar 31, 2023 | 6.42 Bn |
| Dec 31, 2022 | 5.95 Bn |
| Sep 30, 2022 | 5.69 Bn |
| Jun 30, 2022 | 4.86 Bn |
| Mar 31, 2022 | 4.85 Bn |
| Dec 31, 2021 | 4.53 Bn |
| Oct 3, 2021 | 4.55 Bn |