Cummins sees strong growth, upgrades forecast

Cummins is touting strong results for the first quarter of 2026, with a rebound in sales in China, record performance in the Power Systems Segment and the sale of its low-pressure fuel cell business.

The Columbus based engine manufacturer filed its first quarter results yesterday, predicting that revenues for the entire year will be up from 8 to 11 percent, an increase from the 3 to 8 percent previously forecast.

The company announced that first quarter revenues were $8.4 billion, a three percent increase from the same quarter in 2025.

Sales in North America decreased 6 percent but international revenues increased 16 percent, primarily due to stronger demand in China.

Sales in the Engine Segment of $2.7 billion were down 4 percent and in the Component Segment they were down 5 percent at $2.5 billion. But the Distribution Segment sales were $3.1 billion up 7 percent, and the Power Systems Segment were up 19 percent to $2 billion dollars.

Sales in the Accelera Segment of $101 million were down two percent and reflected a loss of $277 million. Jennifer Rumsey, Cummins Chair and CEO, said that the results included charges of $199 million related to the sale of the low-pressure fuel cell business. She said that reflects lowering of expectations for hydrogen power adoption and continuing commitment to focus investments and reduce losses in the Accelera segment.

For more information: https://investor.cummins.com/news/detail/694/cummins-delivered-strong-operating-results-and-returned