Cummins (CMI) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth reversed a slight decline in the preceding period.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth reversed a slight decline in the preceding period.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.8B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+1.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$34.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $8.4B | +15.0% |
| Dec 31, 2023 | $8.5B | +9.9% |
| Mar 31, 2024 | $8.4B | -0.6% |
| Jun 30, 2024 | $8.8B | +1.8% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, marking a positive sequential performance. Compared with the same quarter one year earlier, revenue also showed an increase.
Quarterly comparison
Revenue in the current quarter was higher than both the prior quarter and the year-ago quarter. The sequential improvement followed a slight decline in the prior quarter, while the year-over-year gain continued a pattern of annual growth.
What to watch
The filing context does not provide specific commentary on revenue drivers; monitor future filings for any discussion of factors behind the revenue changes.