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What changed in Cummins Inc.'s latest annual report

In the year ended 31 Dec 2025, Cummins Inc.'s revenue fell 1.3% to USD 33.67bn, from USD 34.10bn; shareholders' equity rose 20.2% to USD 12.35bn, from USD 10.27bn; total assets rose 7.8% to USD 33.99bn, from USD 31.54bn.

Year ended 31 Dec 2025. Source: 10-K filed 10 Feb 2026, read it on SEC EDGAR.

USD 34.10bn to USD 33.67bn

Revenue, down 1.3% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue34.10bn33.67bnDown 1.3%
Total assets31.54bn33.99bnUp 7.8%
Total liabilities20.23bn20.58bnUp 1.7%
Shareholders' equity10.27bn12.35bnUp 20.2%

Questions people ask

Did Cummins Inc.'s revenue grow last year?

Revenue fell 1.3%, from USD 34.10bn to USD 33.67bn in the year ended 31 Dec 2025.

Where do these numbers come from?

From Cummins Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Cummins Inc. (CMI) 10-K: what changed year on year | LYNORIQ Insights