{"schema_version":"secwatch.filing_event.v1","accession":"0000026172-24-000019","form_type":"8-K","ticker":"CMI","cik":"0000026172","company_name":"CUMMINS INC","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.486842+00:00","generated_at":"2026-06-03T00:59:20.345298+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cummins Q1 revenue $8.4B, diluted EPS $14.03 (incl $9.08 Atmus gain); raises FY EBITDA guidance to 14.5%-15.5%","bullets":["Revenue $8.4B, down 1% YoY; GAAP net income $2.0B, diluted EPS $14.03 vs $5.55 in Q1 2023.","Net gain of $1.3B ($9.08/diluted share) from Atmus separation; restructuring costs $29M ($0.15/share).","FY 2024 revenue guidance unchanged at down 2%-5% (ex-Atmus); EBITDA guidance raised to 14.5%-15.5% from 14.4%-15.4%.","Components sales $3.3B (-6%), Engine $2.9B (-2%), Distribution $2.5B (+5%), Power Systems $1.4B (+3%), Accelera $93M (+9%) with EBITDA loss $101M.","Atmus separation completed in March via share exchange; no retained shares. Demand strong, but expects slowing in H2 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000026172-24-000019","json":"https://secwatch.observer/filing/0000026172-24-000019.json","markdown":"https://secwatch.observer/filing/0000026172-24-000019.md","text":"https://secwatch.observer/filing/0000026172-24-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000019/0000026172-24-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000019/cmi-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:59:20.345298+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":"3f06349d2c303260116f38082b5a4db546ec59c2","claim":"CUMMINS INC reported the first quarter of 2024 results: revenue $8.4 billion, net income $2.0 billion, EPS $14.03 per diluted share. Guidance raised.","evidence_excerpt":"of the Company under the Securities Act of 1933 or the Exchange Act. --- EX-99 (EX-99) --- May 2, 2024 Cummins Reports First Quarter 2024 Results • First quarter revenues of $8.4 billion; GAAP 1 Net Income of $2.0 billion • EBITDA in the first quarter was 30.6% of sales; Diluted EPS of $14.03 • First quarter results include a net gain of $1.3 billion, or $9.08","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/26172/000002617224000019/0000026172-24-000019-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$8.4 billion"},{"label":"Net income","value":"$2.0 billion"},{"label":"EPS","value":"$14.03 per diluted share"},{"label":"Guidance","value":"raised"},{"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"}