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Cummins announces revenue of $9.5 billion, up 9%
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- Cummins reported second-quarter revenue of $9.5 billion, up 9% from the prior year.
- Diluted EPS of $6.73 missed analyst expectations, while shares fell 7.6% in early trading.
- The company raised its 2026 revenue-growth forecast to 10%–13%.
Cummins (NYSE:CMI) reported second-quarter revenue of $9.5 billion, up 9%, as power-generation and North American truck demand supported growth.
Revenue of $9.46 billion exceeded the $9.33 billion analyst estimate, while diluted EPS of $6.73 missed the $7.23 forecast.
Net income reached $932 million, while EBITDA was $1.7 billion and Cummins raised 2026 revenue-growth guidance to 10%–13%.
Following the announcement, Cummins' share price was down 7.6% at $599.24.
Power Systems sales increased 19% to $2.3 billion, while Distribution rose 9% to $3.3 billion and Accelera grew 38%.
Cummins returned $501 million to shareholders, raised its quarterly dividend to $2.20 and maintained its long-term cash-return target.
