Cummins (CMI) Cost of Revenue (2009 - 2026)
Cummins' (CMI) quarterly Cost of Revenue came in at $6.2 billion in Q1 2026, up 2.26% YoY from $6.0 billion in Q1 2025, and down 6.53% on a QoQ basis from $6.6 billion in Q4 2025.
Cummins (CMI) Cost of Revenue (2009 - 2026) Analysis & Trends
Cummins (CMI) has 18 years of Cost of Revenue data on file, last reported at $6.2 billion in Q1 2026.
- Quarterly Cost of Revenue rose 2.26% year-over-year to $6.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.3 billion (changed 0.12% YoY) and the FY2025 annual result came in at $25.2 billion, down 1.98% from the prior year.
- Cost of Revenue retreated to $6.2 billion in Q1 2026, from $6.6 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $6.6 billion in Q2 2024 to a low of $4.9 billion in Q1 2022.
- A 5-year average of $6.1 billion and a median of $6.4 billion in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue surged 33.54% — and 2025, when it retreated 5.39%.
- Tracing CMI's Cost of Revenue over 5 years: 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 | 256.94 Bn | 243.82 Bn | 2.36 Bn | 8.74 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn | 5.68 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn | 3.47 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn | 2.22 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn | 6.99 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn | 2.40 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn | 1.31 Bn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn | 1.17 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn | 1.19 Bn |
| 10 | Otis Worldwide | 27.38 Bn | 26.57 Bn | 1.14 Bn | 2.72 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.99 Bn |
| Jun 30, 2026 | 6.99 Bn |
| 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 |