CMI financials
Cummins Inc. · end-of-day data as of Oct 16, 2026
Cummins Inc.
$531.33-19.8%
Buy · 23 analystsPT $747.00 +40.6%
CMI reported revenue of $9.46B for the quarter ended Jun 30, 2026 (Q2 FY2026), up 9.4% from a year earlier. It posted diluted EPS of $6.73, free cash flow of $1.25B and a net margin of 9.9%.
Valuation
- P/E27.2x
- P/E vs own-2.3%
- P/E vs sector-4.7%
- FCF yield+4.6%
- Market cap$73.15B
Quarterly results
Q2 FY2026: Revenue +9.4% year over year, free cash flow 13.2% of revenue, operating margin 13.5%.
RevenueFree cash flow
| Q2 FY2026 | Jun 30, 2026 | $9.46B | 6.73 | $1.25B | 26.1% | 13.5% | 9.9% |
| Q1 FY2026 | Mar 31, 2026 | $8.4B | 4.71 | $120M | 26.7% | 11.3% | 7.8% |
| Q4 FY2025 | Dec 31, 2025 | $8.54B | 4.27 | $990M | 22.9% | 7.5% | 6.9% |
| Q3 FY2025 | Sep 30, 2025 | $8.32B | 3.85 | $1.01B | 25.6% | 12.0% | 6.4% |
| Q2 FY2025 | Jun 30, 2025 | $8.64B | 6.42 | $554M | 26.4% | 14.2% | 10.3% |
| Q1 FY2025 | Mar 31, 2025 | $8.17B | 5.96 | -$165M | 26.4% | 13.9% | 10.1% |
| Q4 FY2024 | Dec 31, 2024 | $8.45B | 3.02 | $882M | 24.1% | 8.7% | 4.9% |
| Q3 FY2024 | Sep 30, 2024 | $8.46B | 5.86 | $381M | 25.7% | 12.4% | 9.6% |
| Q2 FY2024 | Jun 30, 2024 | $8.8B | 5.26 | -$1.09B | 24.9% | 11.9% | 8.3% |
| Q1 FY2024 | Mar 31, 2024 | $8.4B | 14.03 | $107M | 24.3% | 11.0% | 23.7% |
| Q4 FY2023 | Dec 31, 2023 | $8.54B | -10.08 | $940M | 23.4% | -14.2% | -16.8% |
| Q3 FY2023 | Sep 30, 2023 | $8.43B | 4.59 | $1.25B | 24.6% | 11.3% | 7.8% |