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 acquired a minority stake in Exergy Energy, LLC, enhancing its capability to provide backup power systems for businesses. This partnership allows customers to adopt Cummins' power solutions without upfront costs, significantly improving their energy resiliency during outages and peak usage. Exergy handles the capital investment and maintenance, transferring ownership to customers at the end of their contracts. Both companies aim to meet sustainability goals while reducing barriers to adopting backup power solutions.
Cummins Inc. (NYSE:CMI) has been awarded a contract to develop, manufacture, and produce generator sets for the Department of Defense (DoD) Large Tactical Power System (LTPS). The contract includes both 500 kW skid and Power Plants configurations, aimed at enhancing mobile and reliable power sources for the DoD's digitized forces. Cummins has prior experience providing advanced power solutions, including the 5kW - 60kW family for the DoD since 2013. This contract signifies Cummins' commitment to innovation in military power generation.
Cummins Inc. (CMI) reported third-quarter revenues of $7.3 billion, reflecting an 11% increase from 2021, excluding the newly acquired Meritor business. Net income reached $400 million, or $2.82 per diluted share, but showed a decline from $534 million in 2021. EBITDA was 12.1% of sales, down from 14.4% a year prior. The company incurred significant costs related to the Meritor acquisition and the planned separation of its Filtration business. Full-year revenue guidance remains at 8% growth, although EBITDA expectations have been adjusted down to 15.0%.
Cummins Inc. (NYSE: CMI) announced the appointment of Marvin Boakye as its new Chief Human Resources Officer, effective November 7, 2022. Boakye, previously Chief People & Diversity Officer at Papa John's, brings over 25 years of HR experience across multiple industries, including manufacturing and automotive. He will oversee global HR strategies to enhance employee experiences and foster diversity and inclusion within the company. CEO Jennifer Rumsey expressed confidence in Boakye's ability to contribute significantly to Cummins' growth during a critical time for the industry.
Cummins Inc. (NYSE: CMI) is set to construct a new gigawatt electrolyzer manufacturing plant in Guadalajara, Spain, bolstering its commitment to the green hydrogen economy. The 200,000 sq. ft. facility, expected to be operational by the end of 2023, will create around 150 initial jobs with potential for 200 more. This plant will produce 500MW of electrolyzers annually, scalable to over 1GW. Cummins aims to support European sustainability goals and enhance hydrogen generation technology, contributing to its carbon neutrality targets.
Cummins Inc. (NYSE: CMI) announced a quarterly cash dividend of $1.57 per share, payable on December 1, 2022. Shareholders of record by November 18, 2022 are eligible. This initiative reflects Cummins' commitment to returning value to its investors, showcasing financial stability amidst potential challenges in the market.
Cummins Inc. (NYSE: CMI) is set to begin manufacturing electrolyzers in
Atura Power has chosen Cummins (NYSE: CMI) to develop the electrolyzer system for Ontario's first 20-megawatt green hydrogen facility at the Niagara Hydrogen Centre. The facility will utilize Cummins' proton exchange membrane (PEM) technology powered by renewable hydroelectricity to produce carbon-free hydrogen for industrial clients. The project is set to launch in early 2024 and aims to support Ontario's decarbonization efforts. This collaboration marks a significant step towards establishing a hydrogen economy in Canada.
Cummins Inc. (NYSE: CMI) has announced the installation of its second largest solar array at the Rocky Mount Engine Plant in North Carolina. This 3.62 MW solar farm, covering 14 acres, will produce approximately 5.6 million kWh of power annually and aims to cut greenhouse gas emissions, supporting Cummins’ PLANET 2050 initiative to reduce emissions by 50% by 2030. The project utilizes solar tracking panels to enhance efficiency and is part of Cummins' broader strategy to increase renewable energy across its global facilities.
Cummins Inc. (NYSE: CMI) debuted its fourth-generation hydrogen fuel cell engine and new Meritor ePowertrain technologies at the IAA Transportation show in Hannover, Germany. The event marks the first public showcase of Cummins’ comprehensive zero-emissions technology portfolio, including a lithium iron phosphate (LFP) battery pack aimed at medium-duty trucks. Collaborations with major companies like Scania and Daimler Trucks highlight Cummins' commitment to decarbonization. The new technologies promise efficiency and cost advantages in electrified commercial vehicle applications.
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