Cummins (CMI) Deferred Taxes (2009 - 2026)

Cummins has reported Deferred Taxes for 18 years, with the latest figure at -$12.0 million in Q1 2026.

• For the quarter ending Q1 2026, Deferred Taxes rose 52.0% year-over-year to -$12.0 million; the trailing twelve-month figure through Mar 2026 stood at $99.0 million (up 150.51% YoY), and the FY2025 full-year result was $86.0 million, up 141.15% from the prior year.
• Deferred Taxes for Q1 2026 stood at -$12.0 million, down from $18.0 million in the prior quarter.
• The five-year high for Deferred Taxes was $206.0 million in Q3 2025, with the low at -$219.0 million in Q4 2023.
• Historically, Deferred Taxes has averaged -$50.9 million across 5 years, with a median of -$61.0 million in 2024.
• Annual changes were most pronounced in 2022 — Deferred Taxes plunged 925.0% — and 2025, when it surged 3042.86%.
• Cummins' Deferred Taxes 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.