Quarterly ResultAug 4, 2026, 08:04 AM
Cummins Q2 Revenue $9.5B, EPS $6.73; Raises Full-Year Outlook
AI Summary
Cummins Inc. reported record second-quarter 2026 financial results, with revenues climbing 9% year-over-year to $9.5 billion and diluted EPS reaching $6.73. The company raised its full-year 2026 revenue guidance to an increase of 10% to 13% and adjusted its EBITDA outlook to 18.0% to 18.5%, citing strong demand in North American truck markets and data center power generation. Cummins also increased its quarterly dividend to $2.20 per share and announced a significant agreement with Circe Energy to supply natural gas generator sets for a Texas data center.
Key Highlights
- Q2 2026 revenues reached a record $9.5 billion, up 9% from Q2 2025.
- Q2 2026 GAAP Net Income was $932 million, or $6.73 per diluted share.
- Q2 2026 EBITDA was $1.7 billion, or 17.5% of sales.
- Full-year 2026 revenue guidance raised to up 10% to 13% (previously 8% to 11%).
- Full-year 2026 EBITDA expected to be 18.0% to 18.5% (previously 17.75% to 18.5%).
- Company returned $501 million to shareholders in Q2 via dividends and share repurchases.
- Quarterly common stock cash dividend increased from $2.00 to $2.20 per share.
- Power Systems segment sales increased 19% to $2.3 billion, driven by data center demand.
Price Impact
More from CMI