CMI · NYSE
Consensus is $8.05 EPS for Sep 2026 across 6 estimates, ranging $7.53 to $8.71.
No consensus figures are on file, so the quarter cannot be assessed against analyst expectations. Revenue reached $9.46 billion, up from $8.64 billion in the comparable quarter, while net income increased to $0.97 billion from $0.93 billion. Distribution was the largest reported segment at $3.320 billion and showed broad strength in North America, power generation, parts and service, although Latin America sales declined from $83 million to $56 million. Components generated $2.431 billion, supported by emission solutions and components and software, while drivetrain and braking systems remained the biggest business within the segment. Engine sales were $2.349 billion, with off-highway sales higher than the prior-year period but total on-highway sales lower. Power Systems contributed $1.217 billion, driven primarily by power generation. The supplied material does not provide consolidated or segment margins, so margin movement and its causes cannot be evaluated.
No company revenue, earnings, margin or capital-expenditure guidance was given in the supplied material. Management did provide several forward-looking items: $7.6 billion of long-term contract transaction price remained at June 30, 2026, with $4.1 billion expected to be recognized over the next 12 months and $3.5 billion over periods up to 10 years. Cummins expects $23 million of additional defined-benefit pension contributions during the remainder of 2026 and approximately $75 million of annual net periodic pension cost. The Amplify battery joint venture's production start date remains uncertain, and future contributions of $418 million are contractually committed with uncertain timing.
