Jennifer Rumsey, chair and CEO of Cummins, is pictured.

Cummins Inc. is increasing its 2026 revenue guidance to increase between 8% to 11% after a strong rebound in demand in the first quarter.

That increase in demand is driving additional work to the Jamestown Engine Plant.

“Cummins delivered strong results in the first quarter, led by record performance in our Power Systems segment. Our teams executed with discipline to meet continued strong demand for data center backup power and North America truck markets began to improve from a cyclical low,” said Jennifer Rumsey, chair and CEO of Cummins. “We also recorded charges related to the sale of our low-pressure fuel cell business, reflecting lower hydrogen adoption expectations and our continued commitment to focusing investments and reducing losses within the Accelera segment.”

First-quarter 2026 revenues of $8.4 billion increased 3% from the same quarter in 2025. Sales in North America decreased 6% while international revenues increased 16%, primarily due to stronger demand in China. Sales in the Engine Segment in the first quarter were $2.7 billion, a decrease of 4%, while the segment’s EBITDA was $279 million, or 10.4% of sales, compared to $458 million, or 16.5% of sales, in the first quarter of 2026.

Net income attributable to Cummins in the first quarter was $654 million, or $4.71 per diluted share, compared to $824 million, or $5.96 per diluted share, in 2025. The current quarter results include charges related to the sale of our low-pressure fuel cell business of $199 million, or $1.44 per diluted share.

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) measures a company’s core operational profitability by excluding financing decisions, tax environments, and non-cash accounting items. It is widely used to compare performance across companies, assess cash flow generation, and determine debt-carrying capacity, though it ignores capital expenditure and working capital needs. Cummins’ EBITDA in the first quarter was $1.3 billion, or 15.4% of sales, compared to $1.5 billion, or 17.9% of sales, a year ago.

Based on its current forecast, Cummins is raising its full-year 2026 revenue guidance to be up 8% to 11%, due to stronger demand across several markets, particularly North America on-highway and power generation. EBITDA is expected to be in the range of 17.75% to 18.50%, up from our prior guidance of 17.0% to 18.0%, excluding the charges related to the sale of the fuel cell business in the first quarter.

“We raised our 2026 outlook for revenue and profitability as demand strengthens across several key markets. We see North America on-highway markets improving, while demand for data center power generation across a range of our products continues to outpace expectations. Through the remainder of 2026, we are well-positioned to deliver strong financial performance, invest in future growth and return cash to shareholders,” Rumsey said.

Among the company’s highlights for the first quarter of 2026 are the integration by Mack Trucks of the Cummins X10 engine into the Mack Granite Chassis. The X10 is well-suited for demanding work applications, and its integration into the Granite platform will provide customers with a compelling option in the vocational truck segment.

In February, Cummins announced the deployment of the world’s first commercial hybrid-electric ultra-class mining truck in production at Caserones, an open pit copper-molybdenum mine in Tierra Amarilla, Chile, owned by Lundin Mining. The pilot marks Cummins’ first deployment of a retrofitted 300-ton Komatsu mining haul truck into daily operation using a retrofit hybrid solution powered by its First Mode technology.