{
  "url": "https://struct.news/briefs/cummins-grew-sales-94-operating-income-grew-less-than-half-as-fast",
  "title": "Cummins grew sales 9.4%. Operating income grew less than half as fast",
  "summary": "Cash climbed 37.1% to $3.2 billion, even as margins narrowed and heavy-duty truck shipments fell 10%.",
  "published_at": "2026-08-04T15:32:52.573265+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Cummins Inc.",
    "ticker": "CMI",
    "cik": "26172",
    "sector": "Industrials",
    "industry": "Specialty Industrial Machinery"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-04",
    "accession": "0000026172-26-000029",
    "url": "https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/26172/000002617225000031/cmi-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 33670000000,
      "display": "$33.7B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000026172-26-000029",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -1.266787871679076,
      "display": "-1.3%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000026172-26-000029",
        "filing_date": "2026-08-04"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 11.954261954261955,
      "display": "+12.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000026172-26-000029",
        "filing_date": "2026-08-04"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Power-generation demand, especially from data centers, is growing while heavy-duty truck demand is falling in North America.",
      "importance": "medium",
      "evidence": "The primary drivers were as follows: Power Systems segment sales increased 19 percent primarily due to higher demand for power generation equipment, especially in China and North America.",
      "source_date": "2026-08-04"
    }
  ],
  "related_tickers": [
    "CMI"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}