---
schema_version: "secwatch.filing_event.v1"
accession: "0000026172-23-000032"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T09:42:07.168866+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cummins Q2 revenue $8.6B (+31% YoY), EPS $5.05, raises quarterly dividend to $1.68/share

## Summary
- Record Q2 revenues $8.6B, up 31% YoY; GAAP net income $720M, diluted EPS $5.05.
- EBITDA margin 15.1% of sales; maintains FY2023 guidance of revenue up 15-20%, EBITDA 15.0-15.7%.
- Quarterly dividend increased 7% to $1.68/share from $1.57; 14 consecutive years of increases.
- Components segment sales $3.4B (+76%) from Meritor addition; Engine segment sales $3.0B (+8%).
- Accelera revenue $85M (+102%) but EBITDA loss -$114M on investments in zero-emissions tech.

## SEC filing metadata
- accession: 0000026172-23-000032
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/26172/000002617223000032/0000026172-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000002617223000032/cmi-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026172-23-000032
- JSON: https://secwatch.observer/filing/0000026172-23-000032.json
- Plain text: https://secwatch.observer/filing/0000026172-23-000032.txt

## Key facts
- Earnings Releases
  CUMMINS INC reported the second quarter of 2023 results: revenue $8.6 billion, net income $720 million, EPS $5.05 per diluted share. Guidance reaffirmed.
  - Period: the second quarter of 2023
  - Revenue: $8.6 billion
  - Net income: $720 million
  - EPS: $5.05 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2023. Second quarter revenues of $8.6 billion increased 31 percent from the same quarter in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000002617223000032/0000026172-23-000032-index.htm

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