Growth Metrics

Cummins (CMI) Gross Margin (2016 - 2026)

Cummins filings provide 18 years of Gross Margin readings, the most recent being 26.71% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 34.0% to 26.71% in Q1 2026 year-over-year; TTM through Mar 2026 was 25.39%, a 13.0% increase, with the full-year FY2025 number at 25.29%, up 55.0% from a year prior.
  • Gross Margin hit 26.71% in Q1 2026 for Cummins, up from 22.86% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 26.71% in Q1 2026 to a low of 22.39% in Q3 2022.
  • Median Gross Margin over the past 5 years was 24.56% (2023), compared with a mean of 24.69%.
  • The widest YoY moves for Gross Margin: up 217bps in 2023, down -134bps in 2023.
  • Cummins' Gross Margin stood at 23.41% in 2022, then rose by 0bps to 23.42% in 2023, then grew by 3bps to 24.08% in 2024, then decreased by -5bps to 22.86% in 2025, then increased by 17bps to 26.71% in 2026.
  • The last three reported values for Gross Margin were 26.71% (Q1 2026), 22.86% (Q4 2025), and 25.6% (Q3 2025) per Business Quant data.