Cummins sets records with $9.4 billion quarterly revenue driven by power generation demand

COLUMBUS – Columbus-based engine manufacturer Cummins Inc. has reported record-breaking third-quarter financial results, highlighted by $9.4 billion in revenue.

The company released its third-quarter financial report, showing a 13% increase in sales compared to the third quarter of 2025. Domestic sales in North America rose 15%, while international revenues climbed 11%, anchored by growth in China.

Net income for the quarter reached $1.14 billion, up sharply from $536 million during the same period in 2025.

Data Centers Drive Earnings in Power Generation

Among the company’s business units, the Power Generation segment led overall earnings, generating $582 million in earnings before interest, taxes, depreciation, and amortization (EBITDA). This marks an increase from $457 million recorded in the third quarter of 2025.

Cummins attributed the segment’s strong performance to surging global demand for power generation equipment, specifically within data center markets across the United States, China, and the Asia-Pacific region.

Zero-Emissions Segment Narrows Losses

The company’s Accelera segment—Cummins’ zero-emissions business unit launched in 2023—reported a loss of $56 million for the quarter. However, this reflects a significant reduction in losses compared to the $336 million loss reported during the third quarter of 2025.

Cummins noted that ongoing losses within Accelera continue to be driven primarily by a reduction in electrolyzer sales.

Full-Year Revenue Guidance Adjusted

Following the third-quarter results, Cummins revised its full-year revenue growth outlook to approximately 10%. The updated forecast narrows the company’s previous guidance, which had projected full-year growth between 10% and 13%.