---
schema_version: "secwatch.filing_event.v1"
accession: "0000026172-25-000036"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-17T00:03:59.990742+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cummins Q3 GAAP EPS $3.86 vs $5.86; records $240M Accelera non-cash charge; dividend raised to $2.00

## Summary
- Revenue $8.3B (-2% YoY); EBITDA margin 14.3% vs 16.4%; tax rate 32.7% due to One Big Beautiful Bill Act costs.
- Accelera non-cash goodwill impairment and inventory write-downs of $240M ($1.73/diluted share) trigger electrolyzer strategic review.
- Quarterly dividend increased to $2.00/share from $1.82, marking 16th consecutive year of dividend growth.
- Power Systems sales +18% to $2.0B; Distribution sales +7% to $3.2B, both powered by data center backup demand.
- Full-year 2025 guidance withdrawn; company expects to provide 2026 outlook in February 2026.

## SEC filing metadata
- accession: 0000026172-25-000036
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2025-11-06T23:59:59+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/26172/000002617225000036/0000026172-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000002617225000036/cmi-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026172-25-000036
- JSON: https://secwatch.observer/filing/0000026172-25-000036.json
- Plain text: https://secwatch.observer/filing/0000026172-25-000036.txt

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