Cummins Q2 FY26 net income rises to $932 million; revenue climbs 9% to $9.46 billion vs FY25
CMI•Q2 FY26 results
- Cummins Q2 2026 revenue rose 9% to $9.46 billion, while net income climbed to $932 million and diluted EPS increased to $6.73.
- EBITDA edged up to $1.65 billion, though EBITDA margin fell 0.9 percentage points to 17.5%.
- Power Systems revenue jumped 19% to $2.26 billion, while Accelera revenue rose 38% to $145 million; Accelera EBITDA loss narrowed to $69 million.
- Operating cash flow increased to $1.5 billion, while total debt-to-capital improved to 35.6%.
2026 outlook
- Cummins said its 2026 outlook calls for revenue up 10% to 13% with EBITDA margin of 18% to 18.5%.
