Cummins (CMI) r&d spend was $1.4B in FY2025 (-5% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$1.4B
-5%
2024
$1.5B
-2%
2023
$1.5B
+17%
2022
$1.3B
+17%
2021
$1.1B
+20%
2020
$906M
-9%
2019
$1.0B
+11%
2018
$902M
+20%
2017
$754M
+18%
2016
$637M
-13%
2015
$735M
-3%
2014
$754M
+6%
2013
$713M
-2%
2012
$728M
+16%
2011
$629M
+52%
2010
$414M
+14%
2009
$362M
-14%
2008
$422M
+28%
2007
$329M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$385M
Q1 2026
$358M
Q4 2025
$350M
Q3 2025
$345M
Q2 2025
$357M
Q1 2025
$344M
Q4 2024
$356M
Q3 2024
$359M
Q2 2024
$379M
Q1 2024
$369M
Q4 2023
$390M
Q3 2023
$376M
Source: CMI on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.