Cummins raises 2026 revenue outlook as Q2 sales rise 9% to $9.5 billion
Cummins reported second-quarter 2026 revenue of $9.5 billion, up 9% from a year earlier, and net income attributable to Cummins of $932 million, or $6.73 per diluted share, compared with $890 million, or $6.43, in 2025. The company raised its full-year 2026 revenue growth guidance to 10% to 13% from 8% to 11%, and narrowed its EBITDA margin range to 18.0% to 18.5% from 17.75% to 18.5%, which may matter to shareholders because it signals stronger expected demand and profit.
Key points
- Q2 2026 revenue was $9.5 billion, up 9%; Power Systems sales rose 19% to $2.3 billion.
- Q2 EBITDA margin was 17.5% of sales, down from 18.4% a year ago, which the company attributed mainly to higher incentive compensation.
- Full-year 2026 revenue is now expected to rise 10% to 13%, up from the prior 8% to 11% range.
- The quarterly cash dividend rises from $2.00 to $2.20 per share, and the company returned $501 million to shareholders in Q2.
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 August 04, 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.