Cummins Inc.: EPS $7.71 vs $8.20 expected; revenue $9.44B vs $9.89B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 7.71 | 8.20 | −6.0% | 5.59 |
| Revenue (USD bn) | 9.44 | 9.89 | −4.5% | 8.32 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 5, 2026 | Q3 FY2026 | 7.71 | 8.20 | −6.0% | 9.44 | 9.89 | −4.5% |
| Aug 4, 2026 | Q2 FY2026 | 6.73 | 7.21 | −6.7% | 9.46 | 9.33 | +1.4% |
| May 5, 2026 | Q1 FY2026 | 6.15 | 5.63 | +9.2% | 8.40 | 8.37 | +0.4% |
| Feb 5, 2026 | Q4 FY2025 | 5.81 | 5.10 | +13.9% | 8.54 | 8.11 | +5.3% |
| Nov 6, 2025 | Q3 FY2025 | 5.59 | 4.83 | +15.7% | 8.32 | 7.99 | +4.1% |
| Aug 5, 2025 | Q2 FY2025 | 6.43 | 5.23 | +22.9% | 8.64 | 8.43 | +2.5% |
| May 5, 2025 | Q1 FY2025 | 5.96 | 4.91 | +21.4% | 8.17 | 8.18 | 0.0% |
| Feb 4, 2025 | Q4 FY2024 | 5.16 | 4.70 | +9.8% | 8.45 | 8.07 | +4.7% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Cummins Inc. results: EPS $7.71 vs $8.20 expected; revenue $9.44B vs $9.89B. The results cover the company's Q3 FY2026. EPS came in below analysts' estimate by 6.0%; revenue below the estimate by 4.5%.
Revenue was up 13.5% from $8.32 billion a year earlier (Q3 FY2025). EPS was up 37.9% from $5.59 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
Cummins combines engine and power generation equipment sales with components and maintenance. This breadth connects its business to commercial transportation and industrial equipment needs, alongside demand for electricity generation, making the activity mix and demand within each business central to interpreting its performance.
Replacement parts, remanufactured engines and repair services extend the company's business beyond equipment sales by serving operating and maintenance needs. Its activities also include emissions control, natural gas engines, and electric and hybrid powertrains, making product diversity an important part of understanding its business.
What to watch on the earnings call: Demand for commercial vehicle engines, industrial equipment and power generation systems; the contribution of parts and maintenance; the sales mix across engines, components and services; and management's discussion of margins and spending on different powertrain technologies.
For the full analysis of Cummins Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.