CMI Cummins
Q3 2025 10-Q
Cummins (CMI) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.
AI Filing AnalysisQ3 2025 10-Q
Management Discussion & Analysis
- • Revenue $8.3B Q3 2025, down 2% YoY from $8.5B; nine months $25.1B down 2% from $25.7B, driven by lower on-highway truck demand
- • Operating margin 12.6% Q3 2025 (1,050/8,317), down from 14.5% YoY (assumed using 1,221/8,456); gross margin 25.6% vs 25.7% YoY Q3
Risk Factors
- • New risk: Increased uncertainty in US/global tariffs and trade disruptions causing supply chain volatility and potential adverse effects on costs and demand
- • Updated risk: Tariff environment volatility heightened by US and retaliatory tariffs, increasing compliance costs and operational risk
Quarterly Financial SummaryXBRL
Revenue
$8.3B
▼ -1.6% YoY▼ -3.8% QoQ
Net Income
$536M
▼ -33.7% YoY▼ -39.8% QoQ
Gross Margin
25.6%
▼ -8bp YoY▼ -79bp QoQ
Operating Margin
10.2%
▼ -217bp YoY▼ -394bp QoQ
Net Margin
6.4%
▼ -312bp YoY▼ -385bp QoQ
ROE
4.4%
Total Assets
$33.6B
EPS (Diluted)
$3.85
▼ -34.6% YoY▼ -40.0% QoQ
Operating Cash Flow
$1.3B
▲ +103.9% YoY▲ +66.2% QoQ
Source: XBRL data from Cummins Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.
Other Cummins Quarterly Reports
Get deeper insights on Cummins
Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.