Cummins (CMI) Deferred Taxes (2009 - 2026)

Cummins (CMI) has 18 years of Deferred Taxes data on file, last reported at -$12.0 million in Q1 2026.

• Quarterly Deferred Taxes rose 52.0% year-over-year to -$12.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $99.0 million (up 150.51% YoY) and the FY2025 annual result came in at $86.0 million, up 141.15% from the prior year.
• Deferred Taxes declined to -$12.0 million in Q1 2026, from $18.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $206.0 million in Q3 2025 to a low of -$219.0 million in Q4 2023.
• A 5-year average of -$50.9 million and a median of -$61.0 million in 2024 frame the typical range for Deferred Taxes.
• Annual changes were most pronounced in 2022 — Deferred Taxes plunged 925.0% — and 2025, when it surged 3042.86%.
• Tracing CMI's Deferred Taxes over 5 years: stood at -$80.0 million in 2022, then sank by 173.75% to -$219.0 million in 2023, then jumped by 52.97% to -$103.0 million in 2024, then soared by 117.48% to $18.0 million in 2025, then plunged by 166.67% to -$12.0 million in 2026.
• The last three Deferred Taxes figures came in at -$12.0 million (Q1 2026), $18.0 million (Q4 2025), and $206.0 million (Q3 2025), per Business Quant data.