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U.S. COMPANY FILING

CUMMINS INC — Form 10-K filed 2026-02-10

Filed: 2026-02-10Company: CUMMINS INCTicker: CMIExchange: NYSEForm: 10-KReport period: 2025-12-31SEC accession: 0000026172-26-000009Event: earningsMateriality: 85

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Cummins reported 2025 net sales of $33.67B, down 1% YoY, and net income attributable to Cummins of $2.843B, down 28% due to prior year settlement gains and Accelera charges. Operating cash flow surged to $3.6B. The company decided to stop new commercial activity in electrolyzers, recording $458M in charges. Debt-to-capital improved to 36.0%.

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