Filing Flows › Cummins (CMI) › Gross margin
Cummins (CMI) gross margin by quarter
Cummins' gross margin was 27.7% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026. Over the last 7 quarters it ranged from 22.9% (Q4 2025) to 27.7% (Q3 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 27.7% | +1.6 pts | +2.1 pts |
| Q2 2026 | 26.1% | -0.6 pts | -0.3 pts |
| Q1 2026 | 26.7% | +3.9 pts | +0.3 pts |
| Q4 2025 | 22.9% | -2.7 pts | — |
| Q3 2025 | 25.6% | -0.8 pts | — |
| Q2 2025 | 26.4% | +0.0 pts | — |
| Q1 2025 | 26.4% | — | — |
Q3 2026 at a glance
Cummins, Q3 2026: revenue $9.4B (+14% year over year), operating margin 15.3%, net earnings $1.1B, operating cash flow $1.4B. The chart follows the revenue to costs, profit and cash.
Questions
What is Cummins' gross margin?
Cummins' gross margin was 27.7% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026.
How has Cummins' gross margin changed?
Over the last 7 quarters it ranged from 22.9% (Q4 2025) to 27.7% (Q3 2026).