Cummins Q1 revenue up 3% to $8.4 billion, EPS $4.71 after charge; raises outlook
Cummins reported first-quarter 2026 revenue of $8.4 billion, up 3% from a year earlier, but net income attributable to Cummins fell to $654 million, or $4.71 per diluted share, from $824 million, or $5.96, a year earlier. The results include a $199 million charge, or $1.44 per diluted share, tied to the sale of its low-pressure fuel cell business, and the company raised its full-year 2026 revenue and EBITDA guidance.
Key points
- Q1 2026 revenue was $8.4 billion, up 3%; North America sales fell 6% while international revenue rose 16%.
- Net income attributable to Cummins was $654 million, or $4.71 per diluted share, versus $824 million, or $5.96, in Q1 2025.
- Full-year 2026 revenue guidance was raised to up 8% to 11%, from up 3% to 8%.
- Full-year 2026 EBITDA is now expected at 17.75% to 18.50% of sales, up from 17.0% to 18.0%, excluding fuel cell charges.
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 May 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.