Cummins (NYSE: CMI) reported Q2 2026 record revenue of $9.46B, beating estimates despite a GAAP EPS miss of $6.73.
Cummins reported record revenue ($9.457B, +9%) but missed EPS guidance ($6.73 vs $7.33 expected). Power Systems division surged 19% on data-center AI demand, though overall EBITDA margin contracted due to higher incentive compensation and R&D costs.
Cummins Inc.
(NYSE:CMI) stock traded lower Tuesday after the power solutions company reported second-quarter 2026 results, as an earnings miss outweighed record revenue and a raised full-year sales outlook.
Revenue rose 9% to $9.457 billion from $8.643 billion and beat the $9.330 billion estimate.
Diluted GAAP EPS increased to $6.73 from $6.43 but missed the $7.33 estimate.
Earnings Miss Overshadows Record Revenue Net income attributable to Cummins rose to $932 million from $890 million.
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