Cummins Earnings Preview: What to Expect

With a market cap of $48.3 billion, Cummins Inc. (CMI) is a global industrial powerhouse renowned for designing, manufacturing, distributing, and servicing a diverse array of power solutions. The Columbus, Indiana-based company produces diesel, natural-gas, hybrid, and electric engines, along with generators, aftertreatment systems, turbochargers, filtration, and more across five key business segments: Engines, Components, Distribution, Power Systems, and its zero-emission “Accelera” brand.

The company is expected to release its Q2 2025 earnings before the market opens on Thursday, Aug. 5. Ahead of this event, analysts expect Cummins to post adjusted earnings of $4.94 per share, down 6.1% from $5.26 per share in the same quarter last year. On the bright side, the company has surpassed Wall Street's bottom-line estimates in each of the past four quarters.