Summer 2026
Posted on 4/6/2026
Global powertrains design, manufacture, service.
$22.50 - $28.85/hr
Columbus, IN, USA
In Person
Bachelor's, Master's
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Cummins designs, manufactures, distributes, and services power solutions for a wide range of industries. Its products include diesel and natural gas engines, electric and hybrid powertrains, and related components and digital solutions, sold to commercial vehicle manufacturers, industrial equipment producers, and sectors such as healthcare, defense, marine, mining, and telecommunications. The company operates through five segments—Engine, Power Systems, Components, Distribution, and New Power—and relies on a global distribution and service network to sell and support engines, power systems, parts, and technical services. Cummins is expanding emphasis on sustainable energy to develop hydrogen engines and other clean power technologies, seeking legislative support for climate initiatives. Its goal is to provide reliable, customizable power solutions across on-road, off-road, and stationary applications while reducing environmental impact and serving customers worldwide.
Company Size
10,001+
Company Stage
IPO
Headquarters
Columbus, Ohio
Founded
1919
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Hybrid Work Options
Cummins reported second-quarter revenue of $9.46 billion, beating analyst estimates but missing on profitability metrics. Adjusted earnings per share came in at $6.73, below the $7.18 expected, whilst adjusted EBITDA of $1.65 billion also fell short of projections. CEO Jennifer Rumsey highlighted surging power generation demand from data centres, including a major agreement with a global hyperscaler. However, higher variable compensation and tariffs pressured margins. CFO Mark Smith noted that increased EBITDA stemmed from higher volumes and positive pricing, partially offset by tariffs and compensation expenses tied to projected record annual earnings. He estimated next year's incentive compensation could decrease by $200 million. The company is investing in new capacity through 2028 and implementing a phased engine platform transition to meet EPA 2027 standards whilst smoothing demand volatility.
Cummins Daventry retains Gold apprenticeship accreditation. Cummins Daventry has retained its Gold 'Excellent Employer' status in the Next Gen Makers Engineering Apprenticeships: Employer Accreditation programme for the third year running, recognising its continued commitment to engineering apprenticeship development. The accreditation highlights the Northamptonshire-based facility's efforts to provide a structured and supportive environment for apprentices entering the engineering sector. The recognition is awarded through an assessment process that places significant emphasis on feedback from current apprentices, evaluating how effectively employers support learning, development and career progression. Located in Daventry, the Cummins site is home to the company's UK power systems manufacturing facility, logistics centre and service training school. The site plays a key role in engineering, manufacturing and logistics operations, producing high-horsepower engines and supporting a range of industrial sectors. The Next Gen Makers accreditation scheme, backed by manufacturing organisation Make UK, is designed to recognise employers that deliver high-quality apprenticeship experiences. Assessments focus on apprentices' real-world experiences rather than company policies alone, measuring how well organisations support, challenge and engage their learners. Retaining Gold status for a third consecutive year reflects consistent performance in these areas and demonstrates an ongoing commitment to developing future engineering talent. The Daventry facility assembles engines of 38 litres and above for applications across industries including marine, mining, oil and gas, rail, commercial power generation, data centres, cogeneration and healthcare. For apprentices, the site offers experience in a technically complex environment where engineering principles are applied to products used in critical infrastructure and industrial operations around the world. In addition to manufacturing activities, apprentices gain insight into wider engineering operations through the site's UK Logistics Centre. The 435,000 sq ft facility supports manufacturing and aftermarket operations by consolidating storage and distribution functions previously spread across multiple locations. This broader operational exposure enables apprentices to understand how manufacturing, supply chains, logistics and customer support work together within a large industrial organisation. The logistics centre also forms part of Cummins' wider sustainability strategy. The facility has achieved a BREEAM Outstanding rating and incorporates features including photovoltaic solar panels, rainwater harvesting systems and electric vehicle charging infrastructure. The site reflects the growing emphasis on sustainability within modern engineering and manufacturing, offering apprentices experience of environmental considerations alongside technical training. Megan Hill, manufacturing engineer at Cummins Daventry, said the accreditation provides valuable external validation of the company's apprenticeship programme. He said: "At Cummins, we have been running the apprenticeship for over 20 years, and we have been working with Next Gen Makers for the past 4 years. This accreditation gives us both guidance and reassurance that we are providing the strongest possible foundation for our apprentices to become the best they can be. "Part of this is that our mentorship program is lead by previous apprentices which allows the apprentices to relate to them a lot more, facilitating a much closer working relationship." Hill added that apprentice feedback plays an important role in improving the programme. "We are able to get feedback from our apprentices which we can action to improve our apprenticeship and increase their happiness." The accreditation comes at a time when engineering and manufacturing employers continue to face skills shortages and increasing competition for technical talent. Industry observers note that successful apprenticeship programmes often share common characteristics, including strong apprentice engagement, clear links between training and practical work, and a long-term commitment to continuous improvement. For Cummins Daventry, retaining Gold accreditation for a third consecutive year signals sustained investment in apprenticeship development and reinforces its position as an employer focused on nurturing future engineering talent.
Mahindra Group appoints Shveta Arya as Group Chief Strategy Officer. 10th August 2026 Mahindra Group has appointed Shveta Arya as Group Chief Strategy Officer, effective September 15, 2026. She will also join the senior management of Mahindra & Mahindra Ltd. In her new role, Arya will lead the Group Strategy Office, working across Mahindra Group's portfolio of businesses to identify growth opportunities, unlock value and strengthen long-term strategic positioning. She will be part of the Group Executive Board and report to Dr. Anish Shah, Group CEO and Managing Director of Mahindra Group. Dr. Anish Shah said Arya brings more than two decades of experience in business leadership, strategy and management consulting across multiple sectors, including automotive, travel, financial services and telecommunications. Arya joins Mahindra Group after a career spanning more than 23 years across publicly listed multinational companies and management consulting. Most recently, she served as Managing Director of Cummins India Limited, where she was responsible for business growth, customer success, talent development and workplace culture. Before joining Cummins, Arya led Strategy and M&A at Thomas Cook India and held various roles at Kearney and Infosys. Arya holds an MBA from the Indian Institute of Management Ahmedabad (IIMA) and a Bachelor of Engineering in Information Technology from Delhi University. At Cummins, she also served as the program sponsor for an initiative focused on creating large-scale impact for girls and women in India and has advocated for diversity, inclusion and women's empowerment.
Cummins India share price in focus after Q1 FY27 earnings results: total income up 17.2% yoy. Cummins India Limited reports total income of ₹3,563.35 crore and net profit of ₹609.30 crore for the quarter ended June 30, 2026. On August 5, 2026, Cummins India Limited released its unaudited consolidated financial results for the quarter ended June 30, 2026, as per the exchange filings. The company reported a total income of ₹3,563.35 crore and net profit of ₹609.30 crore for the quarter ended June 30, 2026. Cummins India Q1 FY27 earnings results. For the quarter ended June 30, 2026, Cummins India Limited recorded a total income of ₹3,563.35 crore. This figure represents a 17.2% increase compared to the income of ₹3,040.70 crore reported in the same quarter of the previous year. On a quarter-over-quarter basis, the total income grew by 12.9% from ₹3,155.89 crore recorded in the March 2026 quarter. The company net profit, referred to as profit after tax, stood at ₹609.30 crore for the June 2026 quarter. This reflects a 0.9% increase year over year from the ₹603.90 crore reported in the corresponding period of the previous year. When compared to the March 2026 quarter, where the net profit was ₹649.46 crore, the profit decreased by 6.2%. Annual performance for FY26. Cummins India Limited reported a total income of ₹12,660.53 crore for the full financial year 2026. During the same period, the net profit after tax for the company was recorded at ₹2,361.75 crore. Domestic vs export sales distribution. Domestic sales served as the primary engine of growth, arriving at ₹2,854 crore, which is 22% higher than the corresponding previous year's quarter and up 14% sequentially. Export sales remained resilient despite active geopolitical developments, coming in flat year-on-year at ₹521 crore, though tracking a 16% recovery over the preceding quarter. Profitability and profit margins breakdown. The company registered a standalone profit before tax (before exceptional items) of ₹721 crore for the quarter. This translates to a profit before tax margin of 21.4%, which is marginally lower by 0.7% year-on-year and a 12% drop sequentially. The standalone profit after tax stood at ₹543 crore, reflecting a stable net profit margin of 16.1%. Macro headwinds and operational cost impact. Management noted that persisting geopolitical tensions and inflationary trends have pushed commodity costs higher, impacting overall operational margins. In response to these headwinds and ongoing supply chain constraints, the company is prioritizing operational efficiencies, disciplined capital deployment, and stringent cost control. The business maintains a healthy balance sheet with a strong liquidity position. Cummins India share price performance. As of August 06, 2026, at 10:42 AM, Cummins India share price on NSE was trading at ₹5,422.00, down by 0.33% from the previous closing price. Conclusion. Cummins India Limited reported a total income of ₹3,563.35 crore for the June 2026 quarter, a 17.2% year over year increase. Net profit reached ₹609.30 crore, representing a 0.9% year-over-year change and a 6.2% quarterly decrease. Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage. Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Published on: Aug 6, 2026, 12:26 PM IST Team Angel One Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories. Angel One Limited is Live on WhatsApp! Join its channel for market insights & updates Open free demat account! Join its 3.5 Cr+ happy customers 4.4 Cr+ DOWNLOADS Enjoy ₹0 account opening charges. Get the link to download the App
Replacement demand drives Cummins HD truck guidance hike. Rebound outweighs EPA pre-buy as U.S. demand lifts Q2 profits. Staff Reporter August 5, 2026 11:13 AM, EDT Order activity persuaded Cummins to raise its full-year industrywide North American heavy-duty truck forecast and revenue guidance for the engine division. (jetcityimage/Getty Images) Key takeaways: Replacement demand funded by the ongoing freight market rebound will continue to be the key factor in driving North America heavy-duty truck demand in the back half of the year, engine maker Cummins' top executive said. Carriers' on-highway truck appetite has and will continue to outweigh the impact of emissions regulations, with Cummins boosting its 2026 regional demand forecast as a result, Jennifer Rumsey said during Cummins' second-quarter 2026 earnings call Aug. 4. "A lot of what we see right now is that underlying demand and replacement are improving. There is some pre-buy happening certainly, but the fundamentals have improved and that's driving underlying demand up," said Rumsey. "The uncertainty that existed really until last month around regulations and all of the details that were associated with that has caused people to be cautious around the pre-buy," she added. Order activity persuaded Cummins to raise its full-year industrywide North American heavy-duty truck forecast and revenue guidance for the engine division, the company said, while noting that truck makers were unlikely to raise their production levels. The company's North American heavy-duty truck demand forecast is now 240,000 to 250,000 units, compared with prior guidance of 230,000 to 250,000 units. Cummins' North American medium-duty truck market forecast is now 130,000 to 140,000 units in 2026, meanwhile, compared with prior guides of 125,000 to 135,000 units. In addition to the boost to Cummins' demand guidance, the Columbus, Ind.-based company said full-year revenue for its engine business would rise 9%-14% year on year, compared with previous guidance in a 7%-12% increase range. Cummins put industrywide production of heavy-duty trucks in Q2 at 60,000 units, down 4% year over year, while the company's heavy-duty truck engine sales totaled 23,000, up 2% year over year. The company said industrywide production of medium-duty trucks was 32,000 units in Q2, an increase of 8% from 2025 levels, while Cummins' engine sales in the market segment totaled 29,000, up 19% year over year. Globally, Cummins sold 30,100 heavy-duty engines in Q2, a 1.7% increase compared with 29,600 in the year-ago period. Medium-duty sales jumped 17.3% year over year to 86,100 engines in the most recent quarter from 73,400 a year earlier. Cummins' engine unit saw a 6% increase in sales in Q2 to $3.08 billion from $2.9 billion a year earlier. The division's North American revenue rose 1%, while international sales jumped 23% on stronger Chinese construction demand. Cummins posted revenue of $9.46 billion in Q2, an increase of 9.4% compared with $8.64 billion in the year-ago period. Profits at Cummins in the most recent quarter rose 4.7% to $932 million from $890 million in the same period 12 months earlier. The company raised its full-year revenue guidance to an increase of 10%-13% from one of 8%-11%, citing improved demand in the North American on-highway market and in China. Looking further forward, analysts were keen to hear executives' take on how the recently issued Environmental Protection Agency draft regulations for nitrogen oxide emissions and the staggered rollout of model-year 2027 engines that adhere to stricter tailpipe standards would impact demand. Brad Gulick of Eaton Mobile Power Group discusses hydraulic systems that power trucks. He addresses dump pump sizing and more. Tune in above or by going to RoadSigns.ttnews.com. Rumsey and Chief Financial Officer Mark Smith said there would be some impact, but it would be muted. "The key thing is the destination doesn't change. The growth opportunity that will exist for us in engines and components with these new platform launches remains the same, and we think the transition will be smoother," said Rumsey. "While we would expect some moderation in demand next year, and we won't give specific guidance, of course, today on what that is. It will not be as abrupt as we might have previously anticipated as we continue to offer the current product for part of next year... and then ramp up the new product," she added. Smith noted that the benefit of a staggered transition is that Cummins and fellow engine makers are able to trial their products for a longer period. Cummins plans to stagger the introduction of model-year 2027 X15 and X10 engines that meet the tighter emissions standards and keep producing the existing versions, the company said July 9 after reviewing the draft EPA regulations. Limited production of the X15 engine will begin in January 2027 and then ramp steadily, Cummins said, with full production expected to begin in the fourth quarter of 2027. Similarly, the company plans to begin limited production of the 2027 X10 engine in January, with full production expected by the third quarter, subject to truck makers' launch plans. During the transition, the current X12 and L9 engines used in truck and transit bus applications will remain available. Rumsey attended the unveiling of the draft regulations on the National Mall on July 9. The proposal kept a Biden-era requirement that NOx emissions for heavy-duty trucks fall to 35 milligrams per horsepower-hour from 200 mg/hp-hr, but manufacturers were offered wiggle room on implementation, noncompliance and NOx credits.