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| Date | Value |
|---|---|
| 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 |