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Cummins (CMI) Research & Development (2016 - 2025)

Cummins' Research & Development history spans 17 years, with the latest figure at $350.0 million for Q4 2025.

  • For Q4 2025, Research & Development rose 17400.0% year-over-year to $350.0 million; the TTM value through Dec 2025 reached $1.4 billion, up 25.88%, while the annual FY2025 figure was $1.4 billion, 4.58% down from the prior year.
  • Research & Development reached $350.0 million in Q4 2025 per CMI's latest filing, up from $345.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $390.0 million in Q4 2023 to a low of $2.0 million in Q4 2024.
  • Average Research & Development over 5 years is $318.6 million, with a median of $346.5 million recorded in 2022.
  • Peak YoY movement for Research & Development: plummeted 99.49% in 2024, then skyrocketed 17400.0% in 2025.
  • A 5-year view of Research & Development shows it stood at $288.0 million in 2021, then increased by 15.62% to $333.0 million in 2022, then rose by 17.12% to $390.0 million in 2023, then tumbled by 99.49% to $2.0 million in 2024, then surged by 17400.0% to $350.0 million in 2025.
  • Per Business Quant, the three most recent readings for CMI's Research & Development are $350.0 million (Q4 2025), $345.0 million (Q3 2025), and $357.0 million (Q2 2025).