Cummins (CMI) Operating Income (2009 - 2026)
Cummins (CMI) reported Operating Income of $949.0 million for Q1 2026, down 16.31% on a YoY basis from $1.1 billion in Q1 2025, and up 16.73% quarter-over-quarter from $813.0 million in Q4 2025.
Cummins (CMI) Operating Income (2009 - 2026) Analysis & Trends
Cummins has reported Operating Income for 18 years, with the latest figure at $949.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 16.31% year-over-year to $949.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.8 billion (down 3.05% YoY), and the FY2025 full-year result was $4.0 billion, up 7.33% from the prior year.
- Operating Income for Q1 2026 stood at $949.0 million, up from $813.0 million in the prior quarter.
- The five-year high for Operating Income was $1.2 billion in Q2 2025, with the low at -$1.2 billion in Q4 2023.
- Historically, Operating Income has averaged $789.1 million across 5 years, with a median of $923.0 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Income plunged 251.12% — and 2024, when it surged 160.4%.
- Cummins' Operating Income stood at $802.0 million in 2022, then sank by 251.12% to -$1.2 billion in 2023, then surged by 160.4% to $732.0 million in 2024, then gained by 11.07% to $813.0 million in 2025, then increased by 16.73% to $949.0 million in 2026.
- The last three Operating Income figures came in at $949.0 million (Q1 2026), $813.0 million (Q4 2025), and $852.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 179.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.17 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 1.13 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 949.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.11 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 1.02 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 514.94 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 467.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 305.91 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 289.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 949.00 Mn |
| Dec 31, 2025 | 813.00 Mn |
| Sep 30, 2025 | 852.00 Mn |
| Jun 30, 2025 | 1.23 Bn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | 732.00 Mn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 923.00 Mn |
| Dec 31, 2023 | -1.21 Bn |
| Sep 30, 2023 | 950.00 Mn |
| Jun 30, 2023 | 997.00 Mn |
| Mar 31, 2023 | 1.03 Bn |
| Dec 31, 2022 | 802.00 Mn |
| Sep 30, 2022 | 626.00 Mn |
| Jun 30, 2022 | 897.00 Mn |
| Mar 31, 2022 | 604.00 Mn |
| Dec 31, 2021 | 495.00 Mn |
| Oct 3, 2021 | 666.00 Mn |
| Jul 4, 2021 | 735.00 Mn |