{"schema_version":"secwatch.filing_event.v1","accession":"0000026172-23-000002","form_type":"8-K","ticker":"CMI","cik":"0000026172","company_name":"CUMMINS INC","filed_at":"2023-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.551775+00:00","generated_at":"2026-06-20T00:30:42.004767+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cummins reports record full-year 2022 revenue $28.1B, EPS $15.12; guides 2023 rev up 12-17%","bullets":["Q4 revenue $7.8B, net income $631M, diluted EPS $4.43; includes $0.36 favorable discrete tax items.","Full-year revenue $28.1B (record), net income $2.2B, diluted EPS $15.12; EBITDA margin 13.5%.","Excluding Meritor, Q4 revenue $6.6B (+13% YoY); adjusted EBITDA margin 16.1% (exceeded guidance).","2023 guidance: revenue up 12-17%, EBITDA margin 14.5-15.2%; Meritor projected revenue $4.5-4.7B.","Completed acquisitions of Meritor, JVS, and Siemens Commercial Vehicles; Jennifer Rumsey became CEO in Aug 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000026172-23-000002","json":"https://secwatch.observer/filing/0000026172-23-000002.json","markdown":"https://secwatch.observer/filing/0000026172-23-000002.md","text":"https://secwatch.observer/filing/0000026172-23-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26172/000002617223000002/0000026172-23-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26172/000002617223000002/cmi-20230206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:30:42.004767+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1deedf9c28b56762b453a6f8ba839183bc7a79a2","claim":"CUMMINS INC updated its full year 2023 guidance (raised).","evidence_excerpt":"Cummins projects full year 2023 revenues to be up 12 to 17 percent, and EBITDA to be in the range of 14.5 and 15.2 percent of sales.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617223000002/0000026172-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"2bc6d39ea5e9307f0b23438a09dbb482d1ec7924","claim":"CUMMINS INC reported fourth quarter of 2022 results: revenue $7.8 billion, net income $631 million, EPS $4.43.","evidence_excerpt":"Fourth quarter revenues of $7.8 billion; GAAP 1 Net Income of $631 million • EBITDA in the fourth quarter was 14.2 percent of sales; Diluted EPS of $4.43","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617223000002/0000026172-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2022"},{"label":"Revenue","value":"$7.8 billion"},{"label":"Net income","value":"$631 million"},{"label":"EPS","value":"$4.43"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"61ad17028ea3a6e86f93b3b46e1b089559a18c66","claim":"CUMMINS INC reported full year 2022 results: revenue $28.1 billion, net income $2.2 billion, EPS $15.12.","evidence_excerpt":"Full year revenues of $28.1 billion; GAAP 1 Net Income of $2.2 billion • EBITDA for the full year was 13.5 percent of sales; Diluted EPS of $15.12","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617223000002/0000026172-23-000002-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"$28.1 billion"},{"label":"Net income","value":"$2.2 billion"},{"label":"EPS","value":"$15.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}