康明斯第三季度营收增13%至94亿美元：净利润翻倍至11.4亿美元，数据中心发电需求强劲
总部位于美国印第安纳州 Columbus 的动力设备制造商康明斯公司（Cummins Inc.，纽交所代码 CMI）2026年11月5日公布2026年第三季度（截至9月30日）业绩：营收94.38亿美元，同比增长13%；归属公司的净利润为11.4亿美元、摊薄每股收益8.25美元，较上年同期的5.36亿美元、每股3.86美元翻了一倍多。
分市场看，北美销售额增长15%，国际收入增长11%，其中中国市场增长居前。息税折旧摊销前利润（EBITDA）达创纪录的18亿美元、占销售额18.9%，上年同期为12亿美元、占14.3%。公司说明，上年同期业绩包含 Accelera 业务2.4亿美元的非现金费用，本季度每股收益中包含0.54美元的一次性税收利好。
分部门看，发动机部门销售额31亿美元、增长20%；零部件部门29亿美元、增长23%；分销部门33亿美元、增长4%，主要由数据中心等发电产品需求带动；动力系统部门销售额创纪录达23亿美元、增长15%，北美增长20%，同样受数据中心发电需求推动；Accelera 零排放部门销售额1.03亿美元、下降15%，EBITDA亏损5,600万美元。
董事长兼首席执行官 Jennifer Rumsey 表示，公司第三季度创下 EBITDA 与每股收益纪录，主要由动力系统业务的持续强劲带动，全球发电设备需求在数据中心建设推动下异常强劲；美国中重型卡车市场走强，但皮卡市场客户订单转弱。
展望全年，康明斯预计2026年营收增长约10%，低于此前10%至13%的指引区间，EBITDA利润率约18.2%；下调主要因北美皮卡需求持续弱于预期。公司预计第四季度营收将高于第三季度并创下新纪录。第三季度，公司以现金分红与股份回购形式向股东返还6.61亿美元；今年7月，公司把季度股息从每股2.00美元提高到2.20美元，已连续17年提高股息。康明斯在全球约有67,400名员工。
Cummins Q3 Revenue Rises 13% to $9.4 Billion as Net Income More Than Doubles to $1.14 Billion
Cummins Inc. (NYSE: CMI), the Columbus, Indiana-based power equipment manufacturer, reported results for the third quarter of 2026, ended September 30, on November 5, 2026. Revenue was $9.438 billion, up 13% from a year earlier, and net income attributable to Cummins more than doubled to $1.14 billion, or $8.25 per diluted share, from $536 million, or $3.86 per diluted share, in 2025.
Sales in North America grew 15%, while international revenues increased 11%, led by growth in China. EBITDA was a record $1.8 billion, or 18.9% of sales, compared with $1.2 billion, or 14.3% of sales, a year ago. The company noted that third-quarter 2025 results included $240 million of Accelera non-cash charges, and that third-quarter 2026 diluted EPS included $0.54 per share of favorable discrete tax items.
By segment, Engine sales were $3.1 billion, up 20%; Components sales were $2.9 billion, up 23%; Distribution sales were $3.3 billion, up 4%, driven by demand for power generation products, particularly for data center applications; Power Systems sales were a record $2.3 billion, up 15%, with North America up 20% on data center demand; and Accelera sales were $103 million, down 15%, with a segment EBITDA loss of $56 million.
Jennifer Rumsey, Chair and CEO of Cummins, said the company delivered record EBITDA and earnings per share in the third quarter, led by continued strength in Power Systems, and that global demand for power generation equipment remains exceptionally strong, driven by data center buildout, while customer orders in the pickup truck market have weakened.
For the full year, Cummins now expects revenue growth of approximately 10%, narrowed from prior guidance of 10% to 13%, with EBITDA margins of approximately 18.2%, citing continued weaker-than-expected pickup truck demand in North America. The company expects fourth-quarter revenues to step up from the third quarter and set a new record. Cummins returned $661 million to shareholders in the third quarter through dividends and share repurchases, and in July raised its quarterly dividend from $2.00 to $2.20 per share, its 17th consecutive annual dividend increase. Cummins employs approximately 67,400 people worldwide.
来源：康明斯公司
发布：GSM·美国（发布链接）
图片来源：图：位于印第安纳州 Columbus 的康明斯公司总部大楼。Holly Higgins 摄，CC BY 2.0，经 Wikimedia Commons。 / Photo: Cummins Corporate Office Building in Columbus, Indiana. By Holly Higgins, CC BY 2.0, via Wikimedia Commons.
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