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.
The Cummins powered CLAAS TRION 740, featuring the efficient L9 engine with up to 430 hp, will debut at Farm Progress in Boone, Iowa. Designed for combine harvesters, the L9 engine offers reliability, low maintenance, and excellent fuel efficiency, helping reduce operational costs. The engine complies with stringent EPA Tier 4 Final and European Stage V emission regulations, showcasing Cummins' commitment to sustainability. Ann Schmelzer, Managing Director of Cummins Global Agriculture Business, highlighted their strong presence in the agricultural machinery sector.
Elevāt and Cummins have partnered to merge the Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform, offering real-time diagnostics for Cummins engines in a unified dashboard. This collaboration aims to improve operational efficiency and reduce downtime for off-highway machine users. Phase one includes integration of Connected Diagnostics to enhance asset utilization and decrease operational costs. The partnership facilitates a comprehensive view of diagnostics, boosting productivity and machine availability.
Cummins Inc. (NYSE: CMI) has successfully acquired Meritor, Inc. for approximately
Cummins Inc. (CMI) reported second quarter 2022 revenues of $6.6 billion, up 8% from the previous year, with GAAP net income of $702 million ($4.94 per diluted share). EBITDA was 16% of sales, marking a slight increase. Cost adjustments related to the separation of the Filtration business and the suspension of operations in Russia impacted results. Despite challenges, including inflation and economic uncertainty, the company maintains its full-year guidance, expecting revenue growth of 8%. Key highlights include successful acquisitions and collaborations aimed at sustainability.
AdaptHealth Corp. (NASD: AHCO) will be added to the S&P SmallCap 600 index, effective August 4, 2022. This change comes as Cummins Inc. (NYSE: CMI) is acquiring Meritor Inc. (NYSE: MTOR), which is being removed from the index. The transition reflects a strategic reshuffle in the S&P indices as AdaptHealth enhances its presence in the health care sector. The acquisition of Meritor by Cummins is expected to complete soon, pending closing conditions.
Cummins Inc. (NYSE: CMI) announced a $24 million investment in VoltStorage, a leader in eco-friendly energy storage solutions. This investment supports Cummins' Destination Zero strategy aimed at decarbonizing diverse markets. VoltStorage, founded in 2016, specializes in sustainable redox flow technology and is developing larger-scale energy storage systems. The funding will enhance VoltStorage's product development, particularly for iron salt technology, which is key for renewable energy reliability.
AGCO announced the retirement of Hans-Bernd Veltmaat as Chief Supply Chain Officer, effective December 31, 2022. Tim Millwood will succeed him, effective August 15, 2022. Millwood joins AGCO with over thirty years of experience at Cummins Inc, where he was Vice President of Global Manufacturing. AGCO's Chairman Eric Hansotia praised Veltmaat's contributions to transforming AGCO's manufacturing network. AGCO, headquartered in Duluth, Georgia, reported net sales of approximately $11.1 billion in 2021.
Cummins Inc. has announced the appointment of Jennifer Rumsey as its seventh CEO, effective August 1, 2022. The announcement was made during a news conference on July 14, 2022, led by Chairman Tom Linebarger. Rumsey previously served as the company's President and COO. This leadership transition occurs at the company's global headquarters in Columbus, Indiana, highlighting Cummins' commitment to strong leadership as it navigates future challenges.
Cummins Inc. (NYSE: CMI) has appointed Jennifer Rumsey as the new CEO, effective August 1, 2022. She becomes the first woman to lead the company since its founding in 1919. Tom Linebarger, the outgoing CEO, will transition to the role of Chairman of the Board and Executive Chairman, collaborating with Rumsey on strategic initiatives, including the acquisition of Meritor. Rumsey brings over 20 years of experience in various roles, having recently overseen global operations as COO, where she achieved record revenues despite supply chain challenges.
The Board of Directors of Cummins Inc. (NYSE: CMI) has announced an 8% increase in its quarterly cash dividend, raising it from $1.45 to $1.57 per share. This dividend is set to be paid on September 1, 2022, to shareholders recorded as of August 19, 2022. Cummins, a leading global power solutions provider, reported $2.1 billion in earnings from $24.0 billion in sales for 2021.