Cummins Inc. (CMI) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	34.7B	33.7B	34.1B	34.1B	28.1B
Cost of Revenue	25.9B	25.2B	25.7B	25.8B	21.4B
Gross Profit	8.8B	8.5B	8.4B	8.2B	6.7B
Operating Expenses
R&D Expense	1.4B	1.4B	1.5B	1.5B	1.3B
SG&A Expense	3.3B	3.1B	3.3B	3.3B	2.7B
General & Admin Expense	845.0M	3.1B	3.3B	3.3B	2.7B
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	174.0M	130.0M	(49.0M)	1.7B	(175.0M)
Total Operating Expenses	4.9B	4.7B	4.7B	6.5B	3.8B
Cost and Expenses	30.8B	29.8B	30.4B	32.3B	25.1B
Operating Income (EBIT)	3.9B	3.9B	3.8B	1.8B	2.9B
Non-Operating
Interest Income	156.0M	211.0M	186.0M	239.0M	125.0M
Interest Expense	321.0M	329.0M	370.0M	375.0M	199.0M
Net Interest Income	(165.0M)	(118.0M)	(184.0M)	(136.0M)	(74.0M)
Other Non-Op Income/Expense	(15.0M)	98.0M	1.2B	(135.0M)	(110.0M)
Non-Operating Income (excl Interest)	4.0M	(427.0M)	(1.5B)	(240.0M)	(89.0M)
EBT (Pre-Tax Income)	3.8B	4.0B	4.9B	1.6B	2.8B
Income Tax Expense	1.0B	1.0B	835.0M	786.0M	636.0M
Bottom Line
Net Income	2.7B	2.8B	3.9B	735.0M	2.2B
Earnings from Cont. Ops	2.8B	3.0B	4.1B	840.0M	2.2B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	2.7B	2.8B	3.9B	735.0M	2.2B
Per Share
Basic EPS	$19.65	$20.62	$28.55	$5.19	$15.20
Diluted EPS	$19.56	$20.50	$28.37	$5.15	$15.12
Revenue Per Share	$251.33	$244.16	$246.76	$240.40	$198.40
Shares
Basic Shares Outstanding	138.1M	137.9M	138.2M	141.7M	141.5M
Diluted Shares Outstanding	138.6M	138.7M	139.1M	142.7M	142.3M
Profitability Metrics
EBITDA	5.0B	5.4B	6.3B	3.0B	3.8B
D&A	1.1B	1.1B	1.1B	1.0B	784.0M
EBIT	3.9B	4.3B	5.3B	2.0B	3.0B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026