Cummins reports record Q2 revenue and raises 2026 outlook

Cummins reported second-quarter 2026 revenue of $9.5 billion, up 9% from a year earlier, with net income of $932 million, diluted EPS of $6.73 and EBITDA equal to 17.5% of sales. The company raised its full-year 2026 revenue growth forecast to 10%-13% from 8%-11% and expects EBITDA margins of 18.0%-18.5%; it returned $501 million to shareholders during the quarter and increased its quarterly dividend from $2.00 to $2.20 per share.