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CUMMINS INC Operating Income 2007-2026 | CMI

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$4.03B

+7.3%YoY vs FY2024Source: 10-KFY2025

From $1.16B in FY2007 to $4.03B in FY2025: 3.5× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$949M−16.3%Not reportedNot reportedNot reported
FY25$1.1B+22.9%$1.2B+17.3%$852M−18.9%$813M+11.1%
FY24$923M−10.0%$1.0B+4.8%$1.1B+10.5%$732M+160.4%
FY23$1.0B+69.9%$997M+11.1%$950M+51.8%−$1.2B−251.1%
FY22$604M−25.4%$897M+22.0%$626M−6.0%$802M
Share26%27%25%22%

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 DirectionGrowing
CAGR

+12.1%

FY2020
$2.27B
FY2025
$4.03B

5 years selected · on the chart

Operating Income History

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

  1. $4.03B
YoY changeLargest recent move+112.9%in FY24Latest +7.3%

Operating Income, period by period

PeriodValueChangeSource
FY2025$4.03B+7.3%10-K
FY2024$3.75B+112.9%10-K
FY2023$1.76B−39.9%10-K
FY2022$2.93B+8.2%10-K
FY2021$2.71B+19.3%10-K
FY2020$2.27B−16.0%10-K
FY2019$2.70B−3.1%10-K
FY2018$2.79B+19.4%10-K
FY2017$2.33B+24.1%10-K
FY2016$1.88B−8.6%10-K
FY2015$2.06B−13.0%10-K
FY2014$2.37B+12.6%10-K
FY2013$2.10B−6.8%10-K
FY2012$2.25B−15.9%10-K
FY2011$2.68B+67.4%10-K
FY2010$1.60B+134.9%10-K
FY2009$682.0M−46.4%10-K
FY2008$1.27B+9.8%10-K
FY2007$1.16B—10-K

What is operating income?

Operating income can be defined as profit from core business operations, calculated as gross profit minus operating expenses, before interest and taxes.

What is CUMMINS INC's current operating income?

CUMMINS INC (CMI) annual operating income for 2025 was $4.03B, a 7.33% increase from 2024. CUMMINS INC operating income for the quarter ending March 31, 2026 was $949.0M.

What was CUMMINS INC's operating income in 2024?

CUMMINS INC annual operating income for 2024 was $3.75B, a 112.95% increase from 2023.

What was CUMMINS INC's operating income in 2023?

CUMMINS INC annual operating income for 2023 was $1.76B, a 39.88% decline from 2022.

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

CUMMINS INC operating income grew at a compound annual growth rate (CAGR) of 12.15% from FY2020 to FY2025, going from $2.27B to $4.03B over 5 years.

Company
CUMMINS INC
Ticker
CMI
Sector
Other
Industry
Engines & Turbines