Cummins (CMI) Operating Expenses (2009 - 2026)

Cummins (CMI) posted Operating Expenses of $1.2 billion for Q1 2026, up 5.9% on a QoQ basis from $1.1 billion in Q4 2025, and up 7.89% year-over-year from $1.1 billion in Q1 2025.

Cummins (CMI) Operating Expenses (2009 - 2026) Analysis & Trends

Cummins' Operating Expenses history runs 18 years deep, the most recent figure standing at $1.2 billion for Q1 2026.

  • Quarterly Operating Expenses rose 7.89% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.6 billion (up 31.69% YoY) and the FY2025 annual result came in at $4.5 billion, down 4.58% from the prior year.
  • Operating Expenses was $1.2 billion for Q1 2026 at Cummins, up from $1.1 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.3 billion in Q4 2023 and bottomed at $12.0 million in Q4 2024.
  • A 5-year average of $1.1 billion and a median of $1.1 billion in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses tumbled 99.05% — and 2025, when it soared 9366.67%.
  • Cummins' Operating Expenses stood at $1.1 billion in 2022, then advanced by 17.77% to $1.3 billion in 2023, then tumbled by 99.05% to $12.0 million in 2024, then surged by 9366.67% to $1.1 billion in 2025, then advanced by 5.9% to $1.2 billion in 2026.
  • Business Quant data shows CMI's Operating Expenses at $1.2 billion in Q1 2026, $1.1 billion in Q4 2025, and $1.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 559.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.20 Bn
Dec 31, 2025 1.14 Bn
Sep 30, 2025 1.13 Bn
Jun 30, 2025 1.14 Bn
Mar 31, 2025 1.12 Bn
Dec 31, 2024 12.00 Mn
Sep 30, 2024 1.17 Bn
Jun 30, 2024 1.21 Bn
Mar 31, 2024 1.21 Bn
Dec 31, 2023 1.27 Bn
Sep 30, 2023 1.21 Bn
Jun 30, 2023 1.26 Bn
Mar 31, 2023 1.10 Bn
Dec 31, 2022 1.08 Bn
Sep 30, 2022 1.06 Bn
Jun 30, 2022 921.00 Mn
Mar 31, 2022 913.00 Mn
Dec 31, 2021 917.00 Mn
Oct 3, 2021 837.00 Mn
Jul 4, 2021 876.00 Mn