On Air Now

Chelsea's World

2:00pm - 7:00pm

  • 812-378-1073

Now Playing

Listen Live

Cummins says 1st Quarter revenue, net income results were strong

Sunday, May 10, 2026 at 5:35 AM

Courtesy-Cummins

COLUMBUS, Ind. - Cummins Inc. reported its first-quarter net income and revenue results on Tuesday.

Jennifer Rumsey, Chair and CEO of Cummins, said, “Cummins delivered strong results in the first quarter, led by record performance in our Power Systems segment. Our teams executed to meet continued strong demand for data center backup power, and the North America truck markets began to improve from a cyclical low. We also recorded charges related to the sale of our low-pressure fuel cell business, reflecting lower hydrogen adoption expectations and our continued commitment to focusing investments and reducing losses within the Accelera segment.”

First-quarter 2026 revenues of $8.4 billion increased 3% from the same quarter in 2025. Sales in North America decreased 6%, while international revenues increased 16%, primarily due to stronger demand in China.

Net income attributable to Cummins in the first quarter was $654 million, compared to $824 million in 2025. The current quarter results include charges related to the sale of our low-pressure fuel cell business of $199 million.

EBITDA in the first quarter was $1.3 billion, or 15.4% of sales, compared to $1.5 billion, or 17.9% of sales, a year ago. EBITDA for the first quarter of 2026 included the charges noted above.

Based on its current forecast, Cummins is raising its full-year 2026 revenue guidance to be up 8% to 11%, due to stronger demand across several markets, particularly North America, on-highway, and power generation. EBITDA is expected to be in the range of 17.75% to 18.50%, up from our prior guidance of 17.0% to 18.0%, excluding the charges related to the sale of the fuel cell business in the first quarter.

Cummins says it plans to continue generating strong operating cash flow and returns for shareholders and is committed to its long-term strategic goal of returning 50% of operating cash flow back to shareholders.

Share

More from Latest News

  • Country Music Star Dolly Parton dies at 80

    NASHVILLE, Tenn. — Country music icon, actor, and philanthropist Dolly Parton has died at the age of 80. ​

  • 'Internet Crimes Against Children Indiana Task Force' arrests 5 suspects

    COLUMBUS, Ind. – Five men were arrested during a sting operation targeting online child sex offenders. Led by the Internet Crimes Against Children (ICAC) Task Force, the operation involved federal, state, and local law enforcement agencies working undercover to intercept predators seeking unlawful contact with minors.

  • Columbus Chamber plans 'Discover Columbus: How It's Made'

    COLUMBUS, Ind. - The Columbus Area Chamber of Commerce presents "Discover Columbus: How It's Made" on September 2, from 8:30 a.m. to 4 p.m. Attendees will get a behind-the-scenes look at local businesses while exploring the people, processes, and jobs that keep the community running.

  • Jennings County traffic stop leads to meth bust

    NORTH VERNON, Ind. - The Jennings County Sheriff's Office (JCSO) conducted a traffic stop on a vehicle near U.S. Highway 50 and 5th Street after observing a traffic infraction on Monday, August 24, at around 2 a.m.

  • Don Fischer's IU Sports documentary debuts this Thursday

    BLOOMINGTON, Ind. - For over five decades, Don Fischer has been synonymous with Indiana University athletics. He has narrated the defining moments of Hoosier sports history. Now, his career is the subject of a new Indiana Public Media documentary, "Timeless: Don Fischer’s Half-Century Broadcasting IU Sports." 

Weather

  • Tue

    81°F

  • Wed

    86°F

  • Thu

    82°F

  • Fri

    82°F

  • Sat

    84°F

© Copyright 2026 QMix 107.3. Powered by Aiir.