CUMMINS INC

CMI · XNYS

CIK 26172fmd_0HZ936X99RE2ZT8YKT9KGS9NNXManufacturing · Engines & TurbinesTemplate: Standard

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	17,509	20,428	23,771	23,571	19,811	24,021	28,074	34,065	34,102	33,670
Cost of revenue	13,051	15,328	18,034	17,591	14,917	18,326	21,355	25,816	25,663	25,154
Gross profit	4,458	5,100	5,737	5,980	4,894	5,695	6,719	8,249	8,439	8,516
Realized investment gains (losses)	–	–	–	–	–	–	–	–	–	–
Research and development	637	754	902	1,001	906	1,090	1,278	1,500	1,463	1,396
Selling, general and administrative	2,099	2,429	2,437	2,454	2,125	2,374	2,687	3,333	3,275	3,125
Operating income	1,880	2,334	2,786	2,700	2,269	2,706	2,929	1,761	3,750	4,025
Interest expense	69	81	114	109	100	111	199	375	370	329
Interest and investment income	23	18	35	46	21	–	–	–	–	–
Other non-operating income (expense)	96	94	81	243	169	156	89	240	1,523	267
Income before taxes	1,930	2,365	2,753	2,834	2,338	2,751	2,819	1,626	4,903	3,963
Income tax expense	474	1,371	566	566	527	587	636	786	835	1,006
Net income from continuing operations	1,456	994	2,187	2,268	1,811	2,164	2,183	840	4,068	2,957
Net income	1,456	994	2,187	2,268	1,811	2,164	2,183	840	4,068	2,957
Net income to common shareholders	1,394	999	2,141	2,260	1,789	2,131	2,151	735	3,946	2,843