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 elected Gary Belske to its Board of Directors. Belske brings 38 years of experience from Ernst & Young, where he was the Deputy Managing Partner and COO for the Americas. His expertise in financial reporting is expected to enhance board strength and transparency. He has served on several boards, including Ernst & Young’s Americas and U.S. Boards, and has held various leadership roles. This addition aims to strengthen Cummins' governance and operational strategies amidst a competitive landscape.
Cummins Inc. (NYSE: CMI) announces leadership changes in its Power Systems segment. After 25 years, Norbert Nusterer departs, with Jenny Bush, Vice President of Cummins Sales and Service – North America, taking over on August 1. Nusterer has made significant contributions in various roles, enhancing financial performance and business operations. Bush brings extensive experience in power generation and has successfully transformed the North American distribution business, improving stakeholder engagement, operational efficiency, and cost savings, positioning her well for the new role.
Cummins Inc. (NYSE: CMI) and Komatsu Ltd. have signed a memorandum of understanding to develop zero-emissions haulage equipment. This collaboration aims to leverage Cummins' hydrogen fuel cell technologies and Komatsu's expertise in mining equipment. The focus will be on creating power-agnostic trucks capable of utilizing various energy sources. Both companies target significant reductions in carbon emissions, aligning with their strategies for sustainability and carbon neutrality by 2050. This partnership builds on Cummins' history in the mining sector.
Hyliion Holdings Corp (NYSE: HYLN) partners with Cummins Inc (NYSE: CMI) to enhance the Hypertruck ERX powertrain, optimizing Cummins' natural gas engine for use as a generator. This collaboration aims to secure environmental certifications for sustainable trucking solutions. The Hypertruck ERX promises 75 miles of electric range and up to 1,000 miles through natural gas, accessing over 700 refueling stations in North America. Production of this eco-friendly solution is expected to commence in late 2023.
Chevron has entered into agreements to supply renewable natural gas for a demonstration of Walmart's heavy-duty trucks integrated with Cummins' new 15-liter natural gas engine. The collaboration aims to help Walmart achieve its goal of zero emissions by 2040. Chevron will link the renewable natural gas to compressed natural gas for the trucks, sourced from biomethane produced from organic waste. This partnership highlights Chevron's commitment to decarbonization and sustainable energy solutions for fleet operators.
On May 26, 2022, Meritor, Inc. (NYSE: MTOR) announced that its shareholders approved the acquisition by Cummins Inc. (NYSE: CMI) at a special meeting. CEO Chris Villavarayan emphasized the strategic importance of this merger in enhancing powertrain components and electrified solutions for commercial vehicles. The transaction is anticipated to close by the end of 2022, pending regulatory approvals. Meritor aims to maintain customer support during this transition. Further details, including voting results, will be available in a Form 8-K filing with the SEC.
Cummins Inc. (NYSE: CMI) and Daimler Truck North America are collaborating to enhance Freightliner Cascadia trucks with a Cummins hydrogen fuel cell powertrain. This partnership aims to reduce emissions and will see initial units ready for select customers in 2024. The fourth-generation fuel cell provides improved power density, efficiency, and durability, aligning with both companies' goals for zero-emissions transport. The collaboration marks a significant milestone in advancing hydrogen technology within the heavy-duty trucking sector.
The Board of Directors of Cummins (NYSE: CMI) has declared a quarterly cash dividend of $1.45 per share, payable on June 2, 2022, to shareholders on record as of May 20, 2022. This decision reflects the company’s commitment to returning capital to shareholders and its ongoing financial stability.
Cummins operates as a global power leader, providing a diverse range of power solutions across various markets. The company reported a net income of approximately $2.1 billion on $24.0 billion in sales for 2021.
Cummins Inc. (CMI) reported first-quarter 2022 revenues of $6.4 billion, up 5 percent year-over-year. Despite a 12 percent increase in North America, international revenues fell 3 percent due to challenges in China. The company achieved a GAAP net income of $418 million ($2.92 per diluted share), down from $603 million in 2021. Significant costs of $158 million were linked to suspending operations in Russia. The 2022 revenue outlook is raised to up 8 percent, bolstered by strong demand. Cummins also made notable acquisitions to enhance decarbonization efforts and was recognized for sustainable practices.
Cummins Inc. (NYSE: CMI) has confidentially filed a draft registration statement for an initial public offering (IPO) of its Filtration business with the U.S. Securities and Exchange Commission. The number of shares and pricing details remain undetermined. The IPO is anticipated to proceed following SEC review and favorable market conditions. This announcement does not constitute an offer to sell or purchase securities and follows regulatory requirements under the Securities Act.