Cummins

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines, driven by robust data center power demand and recovering North American truck markets. Revenue of $9.5B exceeded the $9.3B expectation, while GAAP EPS of $6.73 beat the $6.43 seen a year ago, despite missing the consensus mean of $7.17 due to discrete tax items and higher incentive compensation. Management raised full-year FY26 revenue guidance to 10-13% growth (up from 8-11%) and tightened the EBITDA margin floor to 18.0%.