Cummins Research and Development Expenses 2010-2024 | CMI
Cummins annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Cummins research and development expenses for the quarter ending September 30, 2024 were $0.359B, a 4.52% decline year-over-year.
- Cummins research and development expenses for the twelve months ending September 30, 2024 were $1.497B, a 3.74% increase year-over-year.
- Cummins annual research and development expenses for 2023 were $1.5B, a 17.37% increase from 2022.
- Cummins annual research and development expenses for 2022 were $1.278B, a 17.25% increase from 2021.
- Cummins annual research and development expenses for 2021 were $1.09B, a 20.31% increase from 2020.
Cummins Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$1,500 |
| 2022 |
$1,278 |
| 2021 |
$1,090 |
| 2020 |
$906 |
| 2019 |
$1,001 |
| 2018 |
$902 |
| 2017 |
$754 |
| 2016 |
$637 |
| 2015 |
$735 |
| 2014 |
$754 |
| 2013 |
$713 |
| 2012 |
$728 |
| 2011 |
$629 |
| 2010 |
$414 |
| 2009 |
$362 |
Cummins Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-09-30 |
$359 |
| 2024-06-30 |
$379 |
| 2024-03-31 |
$369 |
| 2023-12-31 |
$390 |
| 2023-09-30 |
$376 |
| 2023-06-30 |
$384 |
| 2023-03-31 |
$350 |
| 2022-12-31 |
$333 |
| 2022-09-30 |
$348 |
| 2022-06-30 |
$299 |
| 2022-03-31 |
$298 |
| 2021-12-31 |
$288 |
| 2021-09-30 |
$266 |
| 2021-06-30 |
$276 |
| 2021-03-31 |
$260 |
| 2020-12-31 |
$255 |
| 2020-09-30 |
$224 |
| 2020-06-30 |
$189 |
| 2020-03-31 |
$238 |
| 2019-12-31 |
$271 |
| 2019-09-30 |
$242 |
| 2019-06-30 |
$251 |
| 2019-03-31 |
$237 |
| 2018-12-31 |
$244 |
| 2018-09-30 |
$229 |
| 2018-06-30 |
$219 |
| 2018-03-31 |
$210 |
| 2017-12-31 |
$208 |
| 2017-09-30 |
$213 |
| 2017-06-30 |
$175 |
| 2017-03-31 |
$158 |
| 2016-12-31 |
$159 |
| 2016-09-30 |
$157 |
| 2016-06-30 |
$155 |
| 2016-03-31 |
$166 |
| 2015-12-31 |
$177 |
| 2015-09-30 |
$197 |
| 2015-06-30 |
$166 |
| 2015-03-31 |
$195 |
| 2014-12-31 |
$187 |
| 2014-09-30 |
$198 |
| 2014-06-30 |
$179 |
| 2014-03-31 |
$190 |
| 2013-12-31 |
$181 |
| 2013-09-30 |
$173 |
| 2013-06-30 |
$177 |
| 2013-03-31 |
$182 |
| 2012-12-31 |
$174 |
| 2012-09-30 |
$186 |
| 2012-06-30 |
$187 |
| 2012-03-31 |
$181 |
| 2011-12-31 |
$179 |
| 2011-09-30 |
$164 |
| 2011-06-30 |
$157 |
| 2011-03-31 |
$129 |
| 2010-12-31 |
$123 |
| 2010-09-30 |
$103 |
| 2010-06-30 |
$96 |
| 2010-03-31 |
$92 |
| 2009-12-31 |
$108 |
| 2009-09-30 |
$90 |
| 2009-06-30 |
$79 |
| 2009-03-31 |
$85 |
| Sector |
Industry |
Market Cap |
Revenue |
| Auto/Tires/Trucks |
Internal Combustion Engines |
$48.900B |
$34.065B |
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Cummins Inc. is a leading global designer, manufacturer and distributor of diesel and natural gas engines and powertrain-related component products. Powertrain components include fuel systems, turbochargers, transmissions, batteries and electrified power systems, among others. Headquartered in Columbus, IN, the company offers products to original equipment manufacturers (OEMs), distributors and dealers through a network of company-owned and independent distributor facilities.
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