COLUMBUS, Ind. - Cummins Inc. announced its third-quarter revenues and income last week and issued its updated 2026 forecast report.
“We delivered record EBITDA and earnings per share in the third quarter, led by continued strength in our Power Systems business,” said Jennifer Rumsey, Chair and CEO of Cummins. “Global demand for power generation equipment remains exceptionally strong, driven by data center buildout."
Third-quarter 2026 revenues of $9.4 billion increased 13% from the same quarter in 2025. Sales in North America grew 15% while international revenues, led by growth in China, increased 11%.
Net income attributable to Cummins in the third quarter was $1.14 billion, compared with $536 million in 2025. Third-quarter 2025 results included $240 million of Accelera non-cash charges.
Third-quarter EBITDA was a record $1.8 billion, or 18.9% of sales, compared to $1.2 billion, or 14.3% of sales, a year ago.
Based on its current forecast, Cummins expects revenue growth to be about 10%. The prior guidance was 10% to 13%.
Cummins is committed to the goal of returning 50% of operating cash flow to shareholders.
"We have updated our full-year revenue and profitability guidance primarily due to continued weaker-than-expected pickup truck demand in North America, which impacted our third quarter and is expected to persist through the end of this year,” said Rumsey. “Global power generation and North America heavy-duty truck demand remain strong, and we expect fourth-quarter revenues to step up from third-quarter levels and set a new record."
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