Filing Flows › Cummins (CMI) › Q3 2026
Cummins (CMI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Cummins (CMI) reported revenue of $9.4B for the third quarter 2026 (Q3 2026), +13% from a year earlier and -0.2% from the quarter before. Operating margin was 15.3%, net earnings $1.1B (12.1% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.4B | -0.2% | +13% |
| Gross profit | $2.6B | +6% | +23% |
| Operating profit | $1.4B | +13% | +69% |
| Net earnings | $1.1B | +22% | +113% |
| Operating cash flow | $1.4B | -6% | +8% |
| Free cash flow | $1.1B | -12% | +9% |
What changed
Revenue was $9.4B in Q3 2026, up 13% year over year and roughly flat from the previous quarter. Distribution was the largest line at 35% of revenue. Engine added $0.47B year over year (up 24%), 42% of the total change. Accelera declined 16%.
Gross margin was 27.7%, up 2.1 points from Q3 2025. Operating profit was $1.4B, a 15.3% margin (up 5.1 points year over year). Of the extra revenue versus Q3 2025, 53% reached operating profit, above the 10% margin then. Operating expenses fell 8% while revenue rose 13%. Net earnings were $1.1B, up 113% year over year. The effective tax rate was 17.7%.
Operating cash flow was $1.4B (up 8% year over year), 120% of net income including minority interests. Non-cash charges added back $0.29B of depreciation and amortization. Capital expenditures of $0.30B left free cash flow of $1.1B.
Questions
What was Cummins' revenue in the third quarter 2026?
Cummins (CMI) reported revenue of $9.4B for the third quarter 2026 (Q3 2026), +13% from a year earlier and -0.2% from the quarter before.
Was Cummins profitable in the third quarter 2026?
Operating profit was $1.4B (15.3% of revenue) and net earnings $1.1B.
Source: Cummins 10-Q on SEC EDGAR.