---
schema_version: "secwatch.filing_event.v1"
accession: "0000026172-22-000052"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:57:49.022593+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cummins Q3 revenue $7.3B, GAAP EPS $2.82; lowers FY EBITDA guidance to ~15%

## Summary
- GAAP net income $400M ($2.82 EPS); adjusted net income $456M ($3.21 EPS) excluding Meritor.
- Total revenue $7.3B; excluding Meritor $6.6B (+11% YoY); North America +19%, international -1%.
- Meritor contributed $737M revenue and $37M net loss; acquisition synergy target ~$130M pre-tax by year three.
- Full-year 2022 revenue guidance maintained (+8%); EBITDA guidance lowered to ~15.0% (from ~15.5%).
- Quarterly dividend increased to $1.57/share from $1.45; 13 consecutive years of higher dividends.

## SEC filing metadata
- accession: 0000026172-22-000052
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26172/000002617222000052/0000026172-22-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000002617222000052/cmi-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026172-22-000052
- JSON: https://secwatch.observer/filing/0000026172-22-000052.json
- Plain text: https://secwatch.observer/filing/0000026172-22-000052.txt

## Key facts
- Earnings Releases
  CUMMINS INC updated its full year 2022 guidance (lowered).
  - Period: full year 2022
  - Guidance: lowered
  - Result: guidance update
  source text: Full year 2022 EBITDA guidance, excluding the Meritor business, is lowered to approximately 15.0 percent, from prior guidance of approximately 15.5 percent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000002617222000052/0000026172-22-000052-index.htm
- Earnings Releases
  CUMMINS INC reported third quarter of 2022 results: revenue $7.3 billion, net income $400 million, EPS $2.82. Guidance lowered.
  - Period: third quarter of 2022
  - Revenue: $7.3 billion
  - Net income: $400 million
  - EPS: $2.82
  - Guidance: lowered
  - Result: reported results
  source text: Company under the Securities Act of 1933 or the Exchange Act. --- EX-99 (EX-99) --- November 3, 2022 Cummins Reports Third Quarter 2022 Results • Third quarter revenues of $7.3 billion • GAAP 1 Net Income of $400 million, or 5.5 percent of sales; diluted EPS of $2.82 • EBITDA in the third quarter was 12.1 percent of sales • Third quarter results reflect: ◦ Two
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000002617222000052/0000026172-22-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
