CMI · News · 20260806N
Operating Margin Drivers
CUMMINS INC · 2026-08-06 · Importance 58 · Surprise 42 · In source text
Second-quarter 2026 adjusted EPS was reported at $6.94, below the $7.33 consensus estimate, despite revenue growth. Higher incentive compensation, research and development expense, freight, and tariff costs pressured profitability. Cummins reported record quarterly EBITDA of approximately $1.7 billion and raised its full-year EBITDA margin outlook to 18.0%-18.5%.
Key facts
- Reported record EBITDA for Q2 2026: $1.7 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | — | Reported record EBITDA for Q2 2026: $1.7 billion. |