Cummins Q2 Net Sales Up 9.4% to $9.46B; EPS $6.73

Cummins Inc. reported a strong second quarter with net sales increasing 9.4% to $9.46 billion and diluted earnings per share rising 4.7% to $6.73 compared to the prior year. However, for the first six months of 2026, net income attributable to Cummins Inc. decreased 7.5% to $1.59 billion, despite a 6.2% increase in net sales to $17.86 billion. Net cash provided by operating activities significantly improved, jumping 131.2% to $1.81 billion for the six-month period. The company also updated on its Amplify Cell Technologies joint venture, noting a delay in manufacturing capacity installation due to evolving electric vehicle demand expectations, though no impairment was recognized.