Cummins Q4 profit rises to $593 million despite $218 million Electrolyzer charges
Cummins reported fourth-quarter 2025 net income of $593 million, or $4.27 per diluted share, up from $418 million, or $3.02, a year earlier, on revenue of $8.5 billion, up 1%. Full-year 2025 net income fell to $2.8 billion, or $20.50 per diluted share, from $3.9 billion, or $28.37, a year earlier, when results included a $1.3 billion gain from the Atmus separation; 2025 also absorbed $458 million of Electrolyzer charges. The company expects 2026 revenue to rise 3% to 8%, with EBITDA of 17.0% to 18.0% of sales.
Key points
- Q4 2025 revenue of $8.5 billion, up 1% from Q4 2024; diluted EPS of $4.27 versus $3.02
- Q4 2025 included $218 million, or $1.54 per diluted share, of Electrolyzer charges within the Accelera segment
- Full-year 2025 revenue of $33.7 billion, down 1%; diluted EPS of $20.50 versus $28.37 in 2024
- 2026 outlook: revenue up 3% to 8% and EBITDA of 17.0% to 18.0% of sales
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.