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CUMMINS INC Net Income 2007-2026 | CMI

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.84B

−28.0%YoY vs FY2024Source: 10-KFY2025

From $739.0M in FY2007 to $2.84B in FY2025: 3.8× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$654M−20.6%Not reportedNot reportedNot reported
FY25$824M−58.7%$890M+22.6%$536M−33.7%$593M+41.9%
FY24$2.0B+152.3%$726M+0.8%$809M+23.3%$418M+129.2%
FY23$790M+89.0%$720M+2.6%$656M+64.0%−$1.4B−326.8%
FY22$418M−30.7%$702M+17.0%$400M−25.1%$631M
Share31%26%23%20%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionStable
CAGR

+9.7%

FY2020
$1.79B
FY2025
$2.84B

5 years selected · on the chart

Net Income History

Year-over-year comparison from 10-K annual reports

  1. $2.84B
YoY changeLargest recent move+436.9%in FY24Latest −28.0%

1 older move runs past ±150% (largest +436.9%); point at, tap or drag across the bars to read one.

Net Income, period by period

PeriodValueChangeSource
FY2025$2.84B−28.0%10-K
FY2024$3.95B+436.9%10-K
FY2023$735.0M−65.8%10-K
FY2022$2.15B+0.9%10-K
FY2021$2.13B+19.1%10-K
FY2020$1.79B−20.8%10-K
FY2019$2.26B+5.6%10-K
FY2018$2.14B+114.3%10-K
FY2017$999.0M−28.3%10-K
FY2016$1.39B−0.4%10-K
FY2015$1.40B−15.3%10-K
FY2014$1.65B+11.3%10-K
FY2013$1.48B−9.8%10-K
FY2012$1.65B−11.0%10-K
FY2011$1.85B+77.7%10-K
FY2010$1.04B+143.0%10-K
FY2009$428.0M−43.3%10-K
FY2008$755.0M+2.2%10-K
FY2007$739.0M—10-K

What is net income?

Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.

What is CUMMINS INC's current net income?

CUMMINS INC (CMI) annual net income for 2025 was $2.84B, a 27.95% decline from 2024. CUMMINS INC net income for the quarter ending March 31, 2026 was $654.0M.

What was CUMMINS INC's net income in 2024?

CUMMINS INC annual net income for 2024 was $3.95B, a 436.87% increase from 2023.

What was CUMMINS INC's net income in 2023?

CUMMINS INC annual net income for 2023 was $735.0M, a 65.83% decline from 2022.

What is CUMMINS INC's 5-year net income CAGR?

CUMMINS INC net income grew at a compound annual growth rate (CAGR) of 9.71% from FY2020 to FY2025, going from $1.79B to $2.84B over 5 years.

Company
CUMMINS INC
Ticker
CMI
Sector
Other
Industry
Engines & Turbines