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Side-by-side financial comparison of Cummins (CMI) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

Cummins is the larger business by last-quarter revenue ($8.4B vs $5.5B, roughly 1.5× SharkNinja, Inc.). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs 2.7%).

Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes diesel engines, electric vehicle components, and power generation products. Cummins also services engines and related equipment, including fuel systems, air handling systems controls, filtration, emission control, electrical power generation systems, and engine control units.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

CMI vs SN — Head-to-Head

Bigger by revenue
CMI
CMI
1.5× larger
CMI
$8.4B
$5.5B
SN
Growing faster (revenue YoY)
SN
SN
+27.2% gap
SN
30.0%
2.7%
CMI

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
CMI
CMI
SN
SN
Revenue
$8.4B
$5.5B
Net Profit
$654.0M
Gross Margin
26.7%
48.1%
Operating Margin
11.3%
11.7%
Net Margin
7.8%
Revenue YoY
2.7%
30.0%
Net Profit YoY
-20.6%
EPS (diluted)
$4.71
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMI
CMI
SN
SN
Q1 26
$8.4B
Q4 25
$8.5B
Q3 25
$8.3B
Q2 25
$8.6B
Q1 25
$8.2B
Q4 24
$8.4B
$5.5B
Q3 24
$8.5B
Q2 24
$8.8B
Net Profit
CMI
CMI
SN
SN
Q1 26
$654.0M
Q4 25
$620.0M
Q3 25
$559.0M
Q2 25
$928.0M
Q1 25
$850.0M
Q4 24
$445.0M
Q3 24
$843.0M
Q2 24
$752.0M
Gross Margin
CMI
CMI
SN
SN
Q1 26
26.7%
Q4 25
22.9%
Q3 25
25.6%
Q2 25
26.4%
Q1 25
26.4%
Q4 24
24.1%
48.1%
Q3 24
25.7%
Q2 24
24.9%
Operating Margin
CMI
CMI
SN
SN
Q1 26
11.3%
Q4 25
9.5%
Q3 25
10.2%
Q2 25
14.2%
Q1 25
13.9%
Q4 24
8.7%
11.7%
Q3 24
12.4%
Q2 24
11.9%
Net Margin
CMI
CMI
SN
SN
Q1 26
7.8%
Q4 25
7.3%
Q3 25
6.7%
Q2 25
10.7%
Q1 25
10.4%
Q4 24
5.3%
Q3 24
10.0%
Q2 24
8.5%
EPS (diluted)
CMI
CMI
SN
SN
Q1 26
$4.71
Q4 25
$4.25
Q3 25
$3.86
Q2 25
$6.43
Q1 25
$5.96
Q4 24
$3.22
$3.11
Q3 24
$5.86
Q2 24
$5.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMI
CMI
SN
SN
Cash + ST InvestmentsLiquidity on hand
$2.6B
$363.7M
Total DebtLower is stronger
$6.9B
Stockholders' EquityBook value
$13.4B
$1.9B
Total Assets
$34.4B
$4.4B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMI
CMI
SN
SN
Q1 26
$2.6B
Q4 25
$4.4B
Q3 25
$3.2B
Q2 25
$3.1B
Q1 25
$2.2B
Q4 24
$2.3B
$363.7M
Q3 24
$2.3B
Q2 24
$2.2B
Total Debt
CMI
CMI
SN
SN
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.8B
Q2 25
$6.8B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.9B
Q2 24
$5.4B
Stockholders' Equity
CMI
CMI
SN
SN
Q1 26
$13.4B
Q4 25
$12.3B
Q3 25
$12.1B
Q2 25
$11.8B
Q1 25
$10.9B
Q4 24
$10.3B
$1.9B
Q3 24
$10.3B
Q2 24
$9.6B
Total Assets
CMI
CMI
SN
SN
Q1 26
$34.4B
Q4 25
$34.0B
Q3 25
$33.6B
Q2 25
$34.3B
Q1 25
$32.5B
Q4 24
$31.5B
$4.4B
Q3 24
$32.1B
Q2 24
$31.3B
Debt / Equity
CMI
CMI
SN
SN
Q1 26
0.51×
Q4 25
0.55×
Q3 25
0.57×
Q2 25
0.58×
Q1 25
0.44×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.57×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMI
CMI
SN
SN
Operating Cash FlowLast quarter
$446.6M
Free Cash FlowOCF − Capex
$308.9M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMI
CMI
SN
SN
Q1 26
Q4 25
$1.5B
Q3 25
$1.3B
Q2 25
$785.0M
Q1 25
$-3.0M
Q4 24
$1.4B
$446.6M
Q3 24
$640.0M
Q2 24
$-851.0M
Free Cash Flow
CMI
CMI
SN
SN
Q1 26
Q4 25
$990.0M
Q3 25
$1.0B
Q2 25
$554.0M
Q1 25
$-165.0M
Q4 24
$882.0M
$308.9M
Q3 24
$381.0M
Q2 24
$-1.1B
FCF Margin
CMI
CMI
SN
SN
Q1 26
Q4 25
11.6%
Q3 25
12.1%
Q2 25
6.4%
Q1 25
-2.0%
Q4 24
10.4%
5.6%
Q3 24
4.5%
Q2 24
-12.4%
Capex Intensity
CMI
CMI
SN
SN
Q1 26
2.3%
Q4 25
6.4%
Q3 25
3.6%
Q2 25
2.7%
Q1 25
2.0%
Q4 24
6.4%
2.5%
Q3 24
3.1%
Q2 24
2.7%
Cash Conversion
CMI
CMI
SN
SN
Q1 26
Q4 25
2.47×
Q3 25
2.33×
Q2 25
0.85×
Q1 25
-0.00×
Q4 24
3.20×
Q3 24
0.76×
Q2 24
-1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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