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Cummins (CMI) Research & Development (2016 - 2026)

Cummins filings provide 18 years of Research & Development readings, the most recent being $358.0 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 4.07% to $358.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.4 billion, a 30.07% increase, with the full-year FY2025 number at $1.4 billion, down 4.58% from a year prior.
  • Research & Development hit $358.0 million in Q1 2026 for Cummins, up from $350.0 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.
  • Median Research & Development over the past 5 years was $350.0 million (2023), compared with a mean of $331.8 million.
  • Biggest five-year swings in Research & Development: tumbled 99.49% in 2024 and later surged 17400.0% in 2025.
  • Cummins' Research & Development stood at $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, then increased by 2.29% to $358.0 million in 2026.
  • The last three reported values for Research & Development were $358.0 million (Q1 2026), $350.0 million (Q4 2025), and $345.0 million (Q3 2025) per Business Quant data.