{"schema_version":"secwatch.filing_event.v1","accession":"0000026172-24-000003","form_type":"8-K","ticker":"CMI","cik":"0000026172","company_name":"CUMMINS INC","filed_at":"2024-02-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.511578+00:00","generated_at":"2026-06-06T08:38:24.126454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Cummins Q4 net loss $1.4B on $2.04B regulatory charge; full year revenue record $34.1B","bullets":["Q4 revenues $8.5B (+10% YoY); GAAP diluted EPS $(10.01) vs $4.43 a year ago.","$2.04B charge ($13.76/diluted share) for agreement to resolve U.S. regulatory claims recognized in Q4.","Full year 2023 revenue $34.1B (+21% YoY); diluted EPS $5.15 vs $15.12.","2024 guidance: revenues expected to decline 2%-5%; EBITDA margin target 14.4%-15.4%.","Record operating cash flow of $4.0B in 2023; dividend increased for 14th consecutive year."],"urls":{"canonical":"https://secwatch.observer/filing/0000026172-24-000003","json":"https://secwatch.observer/filing/0000026172-24-000003.json","markdown":"https://secwatch.observer/filing/0000026172-24-000003.md","text":"https://secwatch.observer/filing/0000026172-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000003/0000026172-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000003/cmi-20240206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T08:38:24.126454+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":"36216a127c95d36429bb94cd78786689fcbce215","claim":"CUMMINS INC reported full year 2023 results: revenue $34.1 billion, net income Net Income of $735 million, EPS $5.15 per diluted share. Guidance reaffirmed.","evidence_excerpt":"of voluntary retirement and separation programs ◦ $33 million, or $0.17 per diluted share, of costs related to the separation of Atmus • Full year 2023 revenues of $34.1 billion; GAAP 1 Net Income of $735 million • EBITDA for full year 2023 was 8.9% of sales; Diluted EPS of $5.15 • Full year 2024 revenues expected to decline between 2% and 5%; EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000003/0000026172-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$34.1 billion"},{"label":"Net income","value":"Net Income of $735 million"},{"label":"EPS","value":"$5.15 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"48c7cd1c531aac5bbe9e9728989afcab71f1bf11","claim":"CUMMINS INC reported fourth quarter of 2023 results: revenue $8.5 billion, net income Net loss of $1.4 billion, EPS $(10.01) per diluted share. Guidance reaffirmed.","evidence_excerpt":"Securities Act of 1933 or the Exchange Act. --- EX-99 (EX-99) --- February 6, 2024 Cummins Reports Fourth Quarter and Full Year 2023 Results • Fourth quarter 2023 revenues of $8.5 billion; GAAP 1 Net Loss of $1.4 billion • Fourth quarter 2023 EBITDA was negative 10.3% of sales; Diluted EPS of $(10.01) • The results for the fourth quarter 2023 reflect: ◦ $2.04","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000003/0000026172-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Revenue","value":"$8.5 billion"},{"label":"Net income","value":"Net loss of $1.4 billion"},{"label":"EPS","value":"$(10.01) per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}