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U.S. COMPANY FILING

CUMMINS INC — Form 10-Q filed 2025-11-06

Filed: 2025-11-06Company: CUMMINS INCTicker: CMIExchange: NYSEForm: 10-QReport period: 2025-09-30SEC accession: 0000026172-25-000039Event: earningsMateriality: 85

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Cummins reported Q3 2025 net sales of $8.317B, down 1.6% YoY, and net income of $536M, down 33.7% YoY, impacted by goodwill impairment and tariffs. Nine-month sales were $25.134B, down 2.0%, with net income of $2.25B, down 36.2%. Operating cash flow was strong at $2.087B. The company recorded $240M in impairment charges, including $210M goodwill impairment.

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