Cummins Inc. — Third Quarter 2026 Earnings Summary

Cummins Inc. reported third-quarter 2026 revenues of $9.4 billion, representing a 13% increase from the prior year, with net income attributable to the company reaching $1.14 billion or $8.25 per diluted share. The company achieved a record EBITDA margin of 18.9% of sales, driven by strong demand for power generation equipment in data centers and robust performance in the North American heavy-duty truck market. While the Power Systems and Components segments saw significant growth, the Accelera segment reported a decline in sales due to reduced electrolyzer volumes. Cummins expects full-year revenue growth of approximately 10% and an EBITDA margin of 18.2%, citing continued weakness in the pickup truck market as a primary factor for the updated guidance.