Skip to main content
Cummins10-Q: Inventory issue

Cummins reports unfavorable inventory changes impacting working capital, with inventory growing by $575M.

What happened

The company cited "unfavorable changes in inventories" as a drag on working capital, with inventory levels increasing by over $575 million since year-end 2025. This indicates potential challenges in forecasting or demand planning, creating a need for better supply chain visibility and management tools.

Source

SEC EDGARAug 4, 2026

Quarterly report (Form 10-Q)

Cummins 10-Q

Filing excerpt

The lower working capital requirements resulted in a cash outflow of $377 million compared to a cash outflow of $1,347 million in the comparable period of 2025, mainly due to favorable changes in accounts payable and accrued expenses, partially offset by unfavorable changes in inventories.

sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htmRead the full source

Other signals in this filing (5)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Inventory issue

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end
06/30
Filed
Aug 4, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$575M (Increase in inventories from Dec 31, 2025 to June 30, 2026)

Details

CIK
26172
Accession number
0000026172-26-000029
Timeframe
Current year
Filing year
2026
Fiscal year
0
Why it matters
Supply chain tools needed
Signal category
Financial

Topics and mentions

Vendors

  • Wells Fargo Bank
  • N.A.
  • Standard and Poor’s Rating Services
  • Moody’s Investors Service
  • Inc.
  • Eve Energy

Competitors

  • PACCAR Inc.
  • Daimler Trucks And Buses US Holding LLC
  • Komatsu
  • Tata

Vendors named

  • Wells Fargo Bank, N.A.
  • Standard and Poor’s Rating Services
  • Moody’s Investors Service, Inc.
  • Eve Energy

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Aug 11, 2026
signal_type
sec-10q
signal_subtype
inventoryIssue

Use this data

Get every 10-Q signal for Cummins and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Cummins this week?”

  2. Send it to your own tools

    The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/a0d2c027-59ec-4a6a-866a-a82348c513f4 returns this record as JSON. POST /v1/companies/enrich returns every signal for cummins.com.

{
  "signal_id": "a0d2c027-59ec-4a6a-866a-a82348c513f4",
  "signal_type": "sec-10q",
  "signal_subtype": "inventoryIssue",
  "detected_at": "2026-08-11T08:05:20.538+00:00",
  "company": {
    "name": "Cummins",
    "domain": "cummins.com"
  },
  "data": {
    "detail": "The company cited \"unfavorable changes in inventories\" as a drag on working capital, with inventory levels increasing by over $575 million since year-end 2025. This indicates potential challenges in forecasting or demand planning, creating a need for better supply chain visibility and management tools.",
    "metrics": {
      "timeframe": "current_year",
      "dollar_context": "Increase in inventories from Dec 31, 2025 to June 30, 2026",
      "dollar_millions": 575
    },
    "summary": "Cummins reports unfavorable inventory changes impacting working capital, with inventory growing by $575M.",
    "excerpts": "The lower working capital requirements resulted in a cash outflow of $377 million compared to a cash outflow of $1,347 million in the comparable period of 2025, mainly due to favorable changes in accounts payable and accrued expenses, partially offset by unfavorable changes in inventories.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm",
    "filing_date": "2026-08-04",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "06/30",
    "sales_relevance": "Supply chain tools needed",
    "signal_category": "financial",
    "vendors_mentioned": [
      "Wells Fargo Bank, N.A.",
      "Standard and Poor’s Rating Services",
      "Moody’s Investors Service, Inc.",
      "Eve Energy"
    ],
    "competitors_mentioned": [
      "PACCAR Inc.",
      "Daimler Trucks And Buses US Holding LLC",
      "Komatsu",
      "Tata"
    ]
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.