Welcome to our dedicated page for Cummins news (Ticker: CMI), a resource for investors and traders seeking the latest updates and insights on Cummins stock.
Cummins Inc. (NYSE: CMI) is a global power solutions company whose news flow reflects its role in engines, power generation and zero-emissions technologies. Investors following CMI news can track quarterly earnings, dividend decisions, strategic technology initiatives and leadership changes that shape the company’s direction.
Recent news releases have highlighted first, second and third quarter 2025 financial results, where Cummins reported multi-billion-dollar quarterly revenues and detailed segment performance for Engine, Components, Distribution, Power Systems and Accelera by Cummins. These updates include commentary on demand trends in North America and international markets, such as power generation demand for data centers and shifts in truck and on-highway markets.
Cummins news also covers its energy transition and Destination Zero strategy. Examples include the launch of new engine platforms like the X10 and B7.2 as part of the Cummins HELM platforms, the introduction of the S17 Centum generator set for urban and mission-critical power needs, and Accelera projects such as a 100-megawatt PEM electrolyzer system for bp’s Lingen green hydrogen project. The company has also reported non-cash charges and a strategic review related to its electrolyzer business in response to changing hydrogen adoption expectations.
Strategic collaborations and corporate actions appear regularly in CMI headlines. Cummins and Komatsu have announced a memorandum of understanding to develop hybrid powertrains for surface haulage heavy mining equipment, building on Cummins’ acquisition of First Mode assets for retrofit hybrid solutions. News items also include board and leadership appointments, such as the election of a new director and changes in legal and administrative leadership, as well as recurring announcements of quarterly cash dividends and dividend increases.
By monitoring Cummins news on this page, readers can see how financial performance, capital allocation, product launches, decarbonization projects and governance developments interact across the company’s five segments and global operations.
Cummins Inc. (NYSE: CMI) has announced that its Filtration division, Atmus Filtration Technologies, filed a Form S-1 with the SEC for an initial public offering (IPO) of common stock. The IPO will seek listing on the NYSE under the symbol ATMU, with share numbers and pricing yet to be determined. The offering is anticipated to begin following SEC review and subject to market conditions. Atmus Filtration, established in 1958, specializes in filtration products for commercial vehicles and various equipment sectors, led by CEO Steph Disher. This announcement does not constitute a sale or an offering of securities before effective registration.
Cummins Inc. (NYSE: CMI) has appointed three new vice presidents effective March 1: Jane Beaman, Andreas Lippert, and José Samperio. These promotions reflect Cummins' commitment to leadership development and succession planning. Beaman, now leading the Global Bus Business, is tasked with navigating the energy transition market. Lippert will focus on New Power Engineering, identifying growth opportunities in emerging technologies. Samperio, overseeing North America's On-Highway division, is expected to enhance customer relationships and drive revenue growth. These leadership changes are pivotal for Cummins' ongoing strategy towards zero emissions.
Cummins is advancing its project to develop battery charging and hydrogen fueling stations along the I-80 Midwest Corridor, supported by the Biden Administration's recent funding announcement for the National Network of Electric Vehicle Chargers. The Bipartisan Infrastructure Law allocates $7.5 billion for EV charging and $10 billion for clean transportation. Cummins' Medium-Duty, Heavy-Duty Zero Emissions Vehicle (MD-HD ZEV) initiative is crucial for supporting 30% of the expected MD-HD fleet transition to ZEV technologies by 2035, impacting millions across 23 states. The project aligns with Cummins’ Destination Zero strategy aimed at achieving net-zero emissions by 2050.
Cummins Inc. (NYSE: CMI) has launched the ISL9 diesel engine, now available in military applications with up to 540 horsepower. This engine is recognized for its reliability across various equipment, including armored personnel carriers and logistical trucks. Optimizing the 9-litre engine has led to a 20% power increase and torque capability of up to 1,900 Nm. The ISL9's compact design and efficiency make it suitable for demanding military environments, allowing vehicles to carry heavier loads without compromising speed. Engines are currently available for integration and testing through local representatives.
Cummins expands its partnership with Water.org, committing over $500,000 in grants to provide essential water infrastructure in Peru and the Philippines. This initiative is part of Cummins Water Works, aimed at addressing the global water crisis and producing net water benefits exceeding the company's annual consumption under its PLANET 2050 sustainability strategy. The grants will support communities in financing plumbing, pumps, and sanitation services, benefiting millions who currently lack reliable access to safe water. To date, the partnership has improved water access for over 400,000 people in various countries.
The Board of Directors of Cummins Inc. (NYSE: CMI) has declared a quarterly cash dividend of $1.57 per share, scheduled for payment on March 9, 2023, to shareholders of record as of February 24, 2023. This action reflects the company's commitment to returning value to shareholders. Cummins, a leader in power solutions, reported a net income of $2.2 billion on $28.1 billion in sales for 2022, underscoring robust business performance. The company operates through various segments, providing a diverse portfolio of powertrains and related components globally.
Cummins Inc. reported robust financial results for Q4 and full year 2022, with Q4 revenues reaching $7.8 billion and full year revenues of $28.1 billion. Q4 net income was $631 million ($4.43 per diluted share) despite $46 million in integration and separation costs. EBITDA for Q4 stood at 14.2% of sales, improving to 16.1%% when excluding special costs. The company forecasts a 12-17% revenue increase for 2023 and EBITDA between 14.5-15.2%%. Cummins successfully advanced its Destination Zero strategy with key acquisitions, including Meritor and Siemens Commercial Vehicles. The company also returned $1.2 billion to shareholders through dividends and repurchases.
Cummins Inc. will unveil its innovative fuel-agnostic 15-liter engine platform at CONEXPO, March 14-18, targeting reduced carbon emissions. This platform supports various fuels, including hydrogen and advanced biofuels, as part of Cummins' Destination Zero strategy aimed at minimizing carbon output in internal combustion engines. Designed for diverse applications, the engine offers power ratings from 400 to 650 horsepower and is poised to play a significant role in climate action within multiple commercial sectors. The company emphasizes immediate action to achieve climate goals, advocating for diverse options to meet customer needs.
Cummins Inc. has introduced a new concept hybrid power system aimed at enhancing recreational vehicle (RV) performance while reducing emissions and noise.
The system integrates lithium battery technology with Onan RV generators, offering a cleaner power option that supports smart load management. This innovative package allows RV users to extend their travel without the worry of depleting power.
Showcased at the Florida RV SuperShow, the system combines a 2.8kW generator with a 6.7kW-h lithium-ion battery, achieving the same output as larger generators with lower emissions. Cummins aims to lead the RV industry towards a net-zero emissions future.
Cummins Inc. (NYSE: CMI) announces the retirement of Amy Boerger, Vice President and General Manager – North America On-Highway, effective March 2023, after 39 years at the company. José Samperio will succeed her as Executive Director and General Manager – North America On-Highway. Boerger's career included significant contributions to customer relations and pioneering roles for women in the industry. Samperio, with nearly 20 years at Cummins, brings extensive experience across engineering and sales, focusing on strengthening relationships in the market. His leadership is expected to enhance Cummins' success in the North American on-highway sector.