Cummins Projects 10% Revenue Growth for 2026 Amid Data Center Energy Storage Expansion
During the Q3 earnings call, Cummins (CMI) management provided a forward-looking outlook projecting approximately 10% revenue growth and an 18.2% EBITDA margin for 2026. The company also adjusted its guidance for pickup engine shipments, forecasting volumes between 118,000 and 122,000 units. CEO Jennifer Rumsey highlighted a strategic shift toward energy transition technologies, noting the company's largest battery energy storage system (BESS) deployment to date. This project involves supplying power systems for a major U.S. data center, signaling Cummins' growing footprint in the critical infrastructure and renewable energy sectors.
Tickers: $CMI
Topics: Battery Energy Storage Systems Data Center Infrastructure Q3 Earnings