Cummins Reports Strong Fourth Quarter and Full-Year 2025 Results, Records Charges Associated with Electrolyzer Business Strategic Review

Cummins ends 2025 on a strong note with solid Q4

Net income up 42% in Q4, up 28% over full year of US engine builder

Cummins has decided to halt new commercial activity in the electrolyzer space - Cummins Reports Strong Fourth Quarter and Full-Year 2025 Results

Cummins has decided to halt new commercial activity in the electrolyzer space – Cummins Reports Strong Fourth Quarter and Full-Year 2025 Results Fourth quarter revenues of $8.5 billion; GAAP1 Net Income of $593 million, or 6.9% of sales EBITDA2 in the fourth quarter was 13.5% of sales; Diluted EPS of $4.27 Fourth quarter results include $218 million, or $1.54 per diluted share, of charges related to the Electrolyzer business within Accelera, of…

H2-View News: Cummins to stop new electrolyser activity after $458m hydrogen-related charges

The US engine manufacturer confirmed the move in its full-year 2025 results, reporting $458m in impairment and restructuring charges linked to its electrolyser business within the Accelera unit. Cummins said conditions in electrolysers and broader hydrogen markets deteriorated rapidly during the second half of the year, driven by weak customer demand and uncertainty around government

Cummins Reports Strong Fourth Quarter and Full-Year 2025 Results, Records Charges Associated with Electrolyzer Business Strategic Review

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