secwatch.observer — SEC 8-K summary
======================================

Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0000026172-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins Q1 revenue $8.4B (+3%), raises FY 2026 guidance on strong power gen demand
--------------------------------------------------------------------------------

- GAAP diluted EPS $4.71 (incl. $1.44 charge from fuel cell sale) vs $5.96 YoY; EBITDA 15.4% of sales.
- Power Systems segment record: sales $2.0B (+19%), EBITDA $577M (29.5% margin), driven by data center markets.
- Raised FY 2026 revenue guidance to +8%–11% (prior +3%–8%); EBITDA guidance now 17.75%–18.50%.
- Returned $519M to shareholders in Q1; reaffirmed 50% operating cash flow return goal.
- International revenues +16% (China demand); North America -6% but on-highway markets improving from cyclical low.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000002617226000013/0000026172-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000002617226000013/cmi-20260505.htm
  HTML page:      https://secwatch.observer/filing/0000026172-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer