Cummins (CMI) Operating Income (2009 - 2026)

Cummins (CMI) posted Operating Income of $949.0 million for Q1 2026, up 16.73% on a QoQ basis from $813.0 million in Q4 2025, and down 16.31% year-over-year from $1.1 billion in Q1 2025.

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

Cummins' Operating Income history runs 18 years deep, the most recent figure standing at $949.0 million for Q1 2026.

  • Quarterly Operating Income fell 16.31% year-over-year to $949.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.8 billion (down 3.05% YoY) and the FY2025 annual result came in at $4.0 billion, up 7.33% from the prior year.
  • Operating Income was $949.0 million for Q1 2026 at Cummins, up from $813.0 million in the prior quarter.
  • Across five years, Operating Income topped out at $1.2 billion in Q2 2025 and bottomed at -$1.2 billion in Q4 2023.
  • A 5-year average of $789.1 million and a median of $923.0 million in 2024 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2023 — Operating Income tumbled 251.12% — and 2024, when it surged 160.4%.
  • Cummins' Operating Income stood at $802.0 million in 2022, then tumbled by 251.12% to -$1.2 billion in 2023, then jumped by 160.4% to $732.0 million in 2024, then climbed by 11.07% to $813.0 million in 2025, then gained by 16.73% to $949.0 million in 2026.
  • Business Quant data shows CMI's Operating Income at $949.0 million in Q1 2026, $813.0 million in Q4 2025, and $852.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 653.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 1.13 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 1.02 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 467.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 289.70 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 244.00 Mn

Historic Data

Download Data
DateValue
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