Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Cummins Inc.

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Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	8,317	8,643	8,174	8,447	8,456	8,796
Total Revenues %Chg	-1.6%	-1.7%	-2.7%	-1.1%	0.3%	1.8%
NET SALES
Cost of Sales	6,188	6,362	6,019	6,413	6,285	6,603
Cost of Sales
Gross Profit	2,129	2,281	2,155	2,034	2,171	2,193
Gross Margin
Gross Profit Margin	25.6%	26.4%	26.4%	24.1%	25.7%	24.9%
Selling, General & Administrative Expenses	789	779	771	801	807	828
Selling, General and Administrative Expenses
Research & Development Expenses	345	357	344	356	359	379
Research, Development and Engineering Expenses
Other Operating Expenses	247	37	37	215	54	44
Loss Contingency
Impairment of Light-Duty Diesel Assets
Restructuring Actions
Other Operating Expense, Net
Operating Profit	852	1,226	1,134	732	1,050	1,045
Operating Income
Operating Loss
Operating Margin	10.2%	14.2%	13.9%	8.7%	12.4%	11.9%
Interest and Investment Income	104	118	131	70	99	103
Equity, Royalty and Interest Income from Investees
Interest Income
Interest Expense	-83	-87	-77	-89	-83	-109
Interest Expense
Non-Operating Income	61	86	60	19	76	41
Other Income, Net
Total Non-Operating Income	82	117	114	—	92	35
Income Before Provision for Income Taxes	830	1,225	1,117	662	1,043	977
Income Before Income Taxes
(Loss) Income Before Income Taxes
Provision for Income Taxes	271	297	267	217	200	225
Income Tax Expense
Consolidated Net Income	559	928	850	445	843	752
Consolidated Net Income
Consolidated Net (Loss) Income
Net Income Attributable to Minority Interests and Other	23	38	26	27	34	26
Less: Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Common Shareholders	536	890	824	418	809	726
Net Income Attributable to Cummins Inc.
Net Loss Attributable to Cummins Inc.
Basic EPS	3.9	6.5	6	3	5.9	5.3
Diluted EPS	3.9	6.4	6	3	5.9	5.3
Basic Weighted Average Shares Outstanding	138	137.8	137.6	137.4	137.2	137.1
Total Shares Outstanding	138	137.8	137.8	137.4	137.2	137
Diluted Weighted Average Shares Outstanding	138.8	138.5	138.3	138.4	138.1	137.9
EBITDA	1,129	1,505	1,403	1,003	1,316	1,308
Effective Tax Rate	32.7%	24.2%	23.9%	32.8%	19.2%	23%