Filing Flows › Cummins (CMI) › R&D spending
Cummins (CMI) R&D spending by quarter
Cummins' R&D spending was $358M in Q1 2026 (first quarter 2026), +2% from Q4 2025. Over the last 3 quarters it ranged from $345M (Q3 2025) to $358M (Q1 2026).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q1 2026 | $358M | +2% | — |
| Q4 2025 | $350M | +1% | — |
| Q3 2025 | $345M | — | — |
Q1 2026 at a glance
Cummins, Q1 2026: revenue $8.4B (+3% year over year), operating margin 11.3%, net earnings $654M, operating cash flow $309M. The chart follows the revenue to costs, profit and cash.
Questions
What is Cummins' R&D spending?
Cummins' R&D spending was $358M in Q1 2026 (first quarter 2026), +2% from Q4 2025.
How has Cummins' R&D spending changed?
Over the last 3 quarters it ranged from $345M (Q3 2025) to $358M (Q1 2026).