CMI
Income statement / Annual
Last year (2025), Cummins Inc.'s total revenue was $33.67 B,
a decrease of 1.27% from the previous year.
In 2025, Cummins Inc.'s net income was $2.84 B.
See Cummins Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$33.67 B |
$34.10 B |
$34.07 B |
$28.07 B |
$24.02 B |
$19.81 B |
$23.57 B |
$23.77 B |
$20.43 B |
$17.51 B |
| Cost of Revenue |
$25.15 B
|
$25.66 B
|
$25.82 B
|
$21.36 B
|
$18.33 B
|
$14.92 B
|
$17.59 B
|
$18.03 B
|
$15.33 B
|
$13.05 B
|
| Gross Profit |
$8.52 B
|
$8.44 B
|
$8.25 B
|
$6.72 B
|
$5.70 B
|
$4.89 B
|
$5.98 B
|
$5.74 B
|
$5.10 B
|
$4.46 B
|
| Gross Profit Ratio |
0.25
|
0.25
|
0.24
|
0.24
|
0.24
|
0.25
|
0.25
|
0.24
|
0.25
|
0.25
|
| Research and Development Expenses |
$1.40 B
|
$1.46 B
|
$1.50 B
|
$1.28 B
|
$1.09 B
|
$906.00 M
|
$1.00 B
|
$902.00 M
|
$752.00 M
|
$636.00 M
|
| General & Administrative Expenses |
$0.00
|
$3.28 B
|
$3.33 B
|
$2.69 B
|
$2.37 B
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$3.13 B
|
$3.28 B
|
$3.33 B
|
$2.69 B
|
$2.37 B
|
$2.13 B
|
$2.45 B
|
$2.44 B
|
$2.43 B
|
$2.10 B
|
| Other Expenses |
$0.00
|
-$49.00 M
|
$1.66 B
|
-$175.00 M
|
-$475.00 M
|
-$406.00 M
|
-$175.00 M
|
-$388.00 M
|
-$417.00 M
|
-$158.00 M
|
| Operating Expenses |
$4.52 B
|
$4.69 B
|
$6.49 B
|
$3.79 B
|
$2.99 B
|
$2.63 B
|
$3.28 B
|
$2.95 B
|
$2.77 B
|
$2.58 B
|
| Cost And Expenses |
$29.68 B
|
$30.35 B
|
$32.30 B
|
$25.15 B
|
$21.32 B
|
$17.54 B
|
$20.87 B
|
$20.99 B
|
$18.09 B
|
$15.63 B
|
| Interest Income |
$0.00
|
$186.00 M
|
$239.00 M
|
$125.00 M
|
$82.00 M
|
$95.00 M
|
$59.00 M
|
$58.00 M
|
$67.00 M
|
$64.00 M
|
| Interest Expense |
$329.00 M
|
$370.00 M
|
$375.00 M
|
$199.00 M
|
$111.00 M
|
$100.00 M
|
$109.00 M
|
$114.00 M
|
$81.00 M
|
$69.00 M
|
| Depreciation & Amortization |
$1.09 B
|
$1.07 B
|
$1.02 B
|
$784.00 M
|
$662.00 M
|
$673.00 M
|
$672.00 M
|
$611.00 M
|
$583.00 M
|
$530.00 M
|
| EBITDA |
$5.39 B |
$6.34 B |
$3.03 B |
$3.80 B |
$3.52 B |
$3.11 B |
$3.62 B |
$3.48 B |
$3.03 B |
$2.53 B |
| EBITDA Ratio |
0.16
|
0.19
|
0.09
|
0.14
|
0.15
|
0.16
|
0.15
|
0.15
|
0.15
|
0.14
|
| Operating Income Ratio |
0.12
|
0.11
|
0.05
|
0.1
|
0.11
|
0.11
|
0.11
|
0.12
|
0.11
|
0.11
|
| Total Other Income/Expenses Net |
-$32.00 M
|
$1.15 B
|
-$135.00 M
|
-$110.00 M
|
$45.00 M
|
$69.00 M
|
$134.00 M
|
-$33.00 M
|
$31.00 M
|
$50.00 M
|
| Income Before Tax |
$3.96 B
|
$4.90 B
|
$1.63 B
|
$2.82 B
|
$2.75 B
|
$2.34 B
|
$2.83 B
|
$2.75 B
|
$2.37 B
|
$1.93 B
|
| Income Before Tax Ratio |
0.12
|
0.14
|
0.05
|
0.1
|
0.11
|
0.12
|
0.12
|
0.12
|
0.12
|
0.11
|
| Income Tax Expense |
$1.01 B
|
$835.00 M
|
$786.00 M
|
$636.00 M
|
$587.00 M
|
$527.00 M
|
$566.00 M
|
$566.00 M
|
$1.37 B
|
$474.00 M
|
| Net Income |
$2.84 B
|
$3.95 B
|
$735.00 M
|
$2.15 B
|
$2.13 B
|
$1.79 B
|
$2.26 B
|
$2.14 B
|
$999.00 M
|
$1.39 B
|
| Net Income Ratio |
0.08
|
0.12
|
0.02
|
0.08
|
0.09
|
0.09
|
0.1
|
0.09
|
0.05
|
0.08
|
| EPS |
20.62 |
28.55 |
5.19 |
15.2 |
14.74 |
12.07 |
14.54 |
13.2 |
6 |
8.25 |
| EPS Diluted |
20.5 |
28.37 |
5.15 |
15.12 |
14.61 |
12.01 |
14.48 |
13.15 |
5.97 |
8.23 |
| Weighted Average Shares Out |
$137.90 M
|
$138.20 M
|
$141.70 M
|
$141.50 M
|
$144.60 M
|
$148.20 M
|
$155.40 M
|
$162.20 M
|
$166.60 M
|
$169.00 M
|
| Weighted Average Shares Out Diluted |
$138.70 M
|
$139.10 M
|
$142.70 M
|
$142.30 M
|
$145.90 M
|
$149.00 M
|
$156.10 M
|
$162.80 M
|
$167.30 M
|
$169.30 M
|
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