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CMI earnings date & Q2 2026 results · Cummins
US GAAP · $M · vs Q2 2025 · quarter ended 06/30/2026
Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes diesel engines, electric vehicle components, and power generation products. · Wikipedia
More about the company
Cummins also services engines and related equipment, including fuel systems, air handling systems controls, filtration, emission control, electrical power generation systems, and engine control units.
Key growth driver: Cost of sales grew 9.9% against 9.4% sales growth, so gross margin slipped to 26.1% from 26.4% — a mild squeeze, not a collapse. · by the Q2 2026 report
When is CMI’s next earnings date?
Thursday, November 5, 2026estimated
Cummins (CMI) has not confirmed the date yet; Nov 5, 2026 is an estimate based on the company's past reporting schedule and may move once the date is announced. Consensus EPS forecast: $8.45 (7 analysts), vs $5.59 in the same quarter last year.
What time does CMI report? Usually before market open: the last 4 results releases reached the SEC at 7:58 am, 7:40 am, 7:54 am, 7:37 am ET.
Last report: Aug 4, 2026 (Q2 2026) — broken down in the Sankey chart below. Dates and consensus: Nasdaq / Zacks Investment Research; companies do reschedule. Who else reports this week →
All figures in $M.
Revenue
$9,457
+9.4%
Gross profit
$2,465
+8.1%
26.1% margin
Operating income
$1,279
+4.3%
13.5% margin
Net income
$968
+4.3%
Verdict: solid growth with a spending caveat — sales rose 9.4% and net income to shareholders 4.7%, but SG&A grew 14.6%, well ahead of revenue; the quiet hero is equity income from joint ventures, up 31% to $154M, which now contributes more than a tenth of operating income.
Diluted EPS $6.73 (+4.7%). Share count flat at 138.5M — Cummins grows earnings by operating, not by buying back stock. First-half operating income is down 5.6% because of a large one-off in other operating expense earlier in the year.
Source and notation
* marks non-cash / ≈ estimated. Equity income from investees is reported inside operating income. Source: Cummins press release 8-K EX-99 (SEC EDGAR).
Open the chart as a PNG image ↗ · for sharing and presentations · free to reuse, CC BY 4.0
CMI earnings history: past report dates
| Aug 4, 2026 Tue | 7:58 ambefore market open | Jun 30, 2026 | $9.5B+9% y/y | $6.73+5% y/y |
| May 5, 2026 Tue | 7:40 ambefore market open | Mar 31, 2026 | $8.4B+3% y/y | $4.71−21% y/y |
| Feb 5, 2026 Thu | 7:54 ambefore market open | Dec 31, 2025 | — | ≈$4.25+32% y/y |
| Nov 6, 2025 Thu | 7:37 ambefore market open | Sep 30, 2025 | — | $3.86−34% y/y |
| Aug 5, 2025 Tue | 7:39 ambefore market open | Jun 30, 2025 | $8.6B | $6.43+22% y/y |
| May 5, 2025 Mon | 7:42 ambefore market open | Mar 31, 2025 | $8.2B | $5.96−58% y/y |
| Feb 4, 2025 Tue | 7:41 ambefore market open | Dec 31, 2024 | — | ≈$3.22 |
| Nov 5, 2024 Tue | 7:38 ambefore market open | Sep 30, 2024 | — | $5.86+28% y/y |
How we count
Report date and time — when the company filed its results press release with the SEC (Form 8-K, Item 2.02); the regular session runs 9:30 am – 4:00 pm ET. Revenue and diluted EPS — the company’s XBRL filings, EPS adjusted for stock splits; ≈ — fourth quarter derived as full year minus three quarters. Source: SEC EDGAR.
Cummins: 5-year financials
| 2025 | 33,670 | 4,025 | 2,843 | 2,386 | 1,055 |
| 2024 | 34,102 | 3,750 | 3,946 | 279 | 969 |
| 2023 | 34,065 | 1,761 | 735 | 2,753 | 921 |
| 2022 | 28,074 | 2,929 | 2,151 | 1,046 | 855 |
| 2021 | 24,021 | 2,706 | 2,131 | 1,522 | 809 |
$ millions, annual 10-K reports on SEC EDGAR (US GAAP).
How we calculate
Figures are the annual report lines as filed, no adjustments. Free cash flow is operating cash flow minus capital expenditures; dividends are cash paid to common shareholders during the year. “—” means the line isn’t in the filing.
Corporate governance
2/2good
How the company treats minority shareholders: 2 — well, 0 — systematically poorly.
More
- Feb 202610-K FY2025: the settlement with the EPA, CARB, DOJ and the California Attorney General over engine certification took effect in Apr 2024 (penalties, recall, mitigation projects). sec.gov ↗
- May 2026The U.S. District Court for the Southern District of Indiana granted final approval to a $1.6M settlement of the suit by Cummins investors (purchasers from Feb 2019 to Dec 2023) over concealment of emissions violations. news.bloomberglaw.com ↗
- Feb 2026Diluted shares 149.0M (2020) → 138.7M (2025); dividend $5.28 → $7.64. data.sec.gov ↗
Scoring: 2.0, no deductions: single share class, diluted shares −7% over 5 years, dividend raised every year; the $1.675B EPA/DOJ penalty is environmental (not criterion 10), the related shareholder suit settled for $1.6M (<$50M)
- Share classes
- Single class of common stock (10-K cover).
- Dilution
- Diluted shares 149.0M (2020) → 138.7M (2025), −7%; SBC 0.3%; the 2024 Atmus exchange offer was voluntary, at a discount favoring participants.
- Disclosure
- Full reporting.
- Dividends
- Dividend $5.28 (2020) → $7.64 (2025), raised every year.
- Lawsuits & regulators
- The EPA/CARB/DOJ settlement (2024) over engine certification is environmental; the shareholder concealment suit settled for $1.6M (approved May 22, 2026) — below $50M; derivative suits dismissed.
- Related parties
- No related-party transactions in 2025 (2026 proxy).
How the score works · checked as of Sep 2026
Cummins (CMI) earnings: FAQ
When is CMI's next earnings date?
Cummins (CMI) has not confirmed the date yet; Nov 5, 2026 is an estimate based on its past reporting schedule.
What time does CMI report earnings?
Cummins usually reports before market open: its latest results release was filed with the SEC at 7:58 am ET on Aug 4, 2026.
When did CMI last report earnings?
Cummins reported Q2 2026 results on Aug 4, 2026.
What is the EPS estimate for CMI's next earnings?
The consensus EPS forecast is $8.45 (7 analysts), vs $5.59 in the same quarter last year.
Where can I find Cummins's financial statements?
On SEC EDGAR: quarterly reports (10-Q), the annual report (10-K) and earnings releases (8-K). The “Verified” badge next to the chart links to CMI's filings; this page breaks the latest report down in a Sankey chart.
What was CMI's net income in Q2 2026?
Cummins reported net income of $968M for Q2 2026 (+4.3% year over year), under US GAAP.
Does Cummins pay dividends?
Yes. In 2025, Cummins paid $1,055M in dividends on its common stock, per its 10-K. Earlier years are in the five-year table above.
New to earnings reports? Start with how to read an earnings report.
How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report. Figures checked against the filing on 08/26/2026. How we make the breakdowns · Report an error
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