Cummins (CMI) Cost of Revenue (2009 - 2026)
Cummins (CMI) reported Cost of Revenue of $6.2 billion for Q1 2026, up 2.26% on a YoY basis from $6.0 billion in Q1 2025, and down 6.53% quarter-over-quarter from $6.6 billion in Q4 2025.
Cummins (CMI) Cost of Revenue (2009 - 2026) Analysis & Trends
Cummins has reported Cost of Revenue for 18 years, with the latest figure at $6.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 2.26% year-over-year to $6.2 billion; the trailing twelve-month figure through Mar 2026 stood at $25.3 billion (changed 0.12% YoY), and the FY2025 full-year result was $25.2 billion, down 1.98% from the prior year.
- Cost of Revenue for Q1 2026 stood at $6.2 billion, down from $6.6 billion in the prior quarter.
- The five-year high for Cost of Revenue was $6.6 billion in Q2 2024, with the low at $4.9 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $6.1 billion across 5 years, with a median of $6.4 billion in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue surged 33.54% — and 2025, when it retreated 5.39%.
- Cummins' Cost of Revenue stood at $6.0 billion in 2022, then grew by 9.93% to $6.5 billion in 2023, then fell by 1.97% to $6.4 billion in 2024, then advanced by 2.68% to $6.6 billion in 2025, then dropped by 6.53% to $6.2 billion in 2026.
- The last three Cost of Revenue figures came in at $6.2 billion (Q1 2026), $6.6 billion (Q4 2025), and $6.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 7.56 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 4.80 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 3.47 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 6.16 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 2.14 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 2.26 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.21 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.11 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 1.26 Bn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.16 Bn |
| Mar 31, 2026 | 6.16 Bn |
| Dec 31, 2025 | 6.59 Bn |
| Dec 31, 2025 | 6.59 Bn |
| Sep 30, 2025 | 6.19 Bn |
| Sep 30, 2025 | 6.19 Bn |
| Jun 30, 2025 | 6.36 Bn |
| Jun 30, 2025 | 6.36 Bn |
| Mar 31, 2025 | 6.02 Bn |
| Mar 31, 2025 | 6.02 Bn |
| Dec 31, 2024 | 6.41 Bn |
| Dec 31, 2024 | 6.41 Bn |
| Sep 30, 2024 | 6.29 Bn |
| Sep 30, 2024 | 6.29 Bn |
| Jun 30, 2024 | 6.60 Bn |
| Jun 30, 2024 | 6.60 Bn |
| Mar 31, 2024 | 6.36 Bn |
| Mar 31, 2024 | 6.36 Bn |
| Dec 31, 2023 | 6.54 Bn |
| Dec 31, 2023 | 6.54 Bn |