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Cummins (NYSE: CMI) raises 2026 guidance as Q1 revenue grows and Power Systems surges
Cummins Inc. reported mixed Q1 2026 results with a 3% revenue increase to $8.4 billion and diluted EPS of $4.71, impacted by a $199 million charge from selling its low-pressure fuel cell business. Despite this, the company raised its full-year 2026 revenue guidance to an 8-11% increase and projected an improved EBITDA margin of 17.75-18.50%, driven by strong demand in the Power Systems segment and improving North America truck markets. Cummins also returned $519 million to shareholders and remains committed to its Destination Zero strategy.