Short answer
Cummins (CMI) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $8.4B (up 2.7% year over year) with net income of $654M.
Q1 2026 key financials · XBRL
- Revenue
- $8.4B
- +2.7% YoY
- Net income
- $654M
- −20.6% YoY
- Operating margin
- 11.3%
- Gross margin
- 26.7%
- EPS (diluted)
- $4.71
- −21.0% YoY
Source: XBRL data from the Cummins (CMI) Q1 2026 10-Q on SEC EDGAR. USD.
Cummins Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $8.398B, up 3% YoY from $8.174B, driven by power-generation demand
- Gross margin 26.7% vs 26.4% YoY; operating income $949M vs $1.134B
- Power Systems best performer: sales $1.956B, up 19%; EBITDA $577M, up 48%
- Engine worst performer: sales $2.672B, down 4%; EBITDA $279M, down 39%
- Operating cash flow $309M vs using $3M; $243M share repurchases and $3.2B cash and marketable securities
Risk Factors
- No material changes to risks described in Cummins’ 2025 Form 10-K
- Newly added risk factors: none identified in the provided filing text
- Regulatory, legal, and compliance risks: unchanged from the 2025 Annual Report
- Operational, competitive, and market risks: unchanged from the 2025 Annual Report
- Financial risks: unchanged from the 2025 Annual Report
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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