Cummins (CMI) Gross Margin (2009 - 2026)

Cummins has reported Gross Margin for 18 years, with the latest figure at 26.71% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 34.0% year-over-year to 26.71%; the trailing twelve-month figure through Mar 2026 stood at 25.39% (up 13.0% YoY), and the FY2025 full-year result was 25.29%, up 55.0% from the prior year.
• Gross Margin for Q1 2026 stood at 26.71%, up from 22.86% in the prior quarter.
• The five-year high for Gross Margin was 26.71% in Q1 2026, with the low at 22.39% in Q3 2022.
• Historically, Gross Margin has averaged 24.69% across 5 years, with a median of 24.56% in 2023.
• The largest YoY upside for Gross Margin was 217 bps in 2023 against a maximum downside of 134 bps in 2023.
• Cummins' Gross Margin stood at 23.41% in 2022, then gained by 0 bps to 23.42% in 2023, then advanced by 3 bps to 24.08% in 2024, then slipped by 5 bps to 22.86% in 2025, then rose by 17 bps to 26.71% in 2026.
• The last three Gross Margin figures came in at 26.71% (Q1 2026), 22.86% (Q4 2025), and 25.6% (Q3 2025), per Business Quant data.