# Who are Cummins's customers? Who does Cummins earn revenue from?
Canonical: https://valuechain.wiki/cummins · Facet: customers · Updated: 2026-10-14T17:23:24.421+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Cummins's confirmed revenue counterparties include 고마쓰, PACCAR (엔진 조달 고객), Republic Services, Inc. plus 7 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 10 revenue edges, backed by 10 dated sources, 4 of them primary filings (as of 2026-10-14).

### 하이퍼스케일러·데이터센터 (백업 발전) (high)
- metric: Revenue $2.3B · 2026 Q2 · Power Systems quarterly sales, up 19% year over year
- note: Standby generator demand for data centers drove Power Systems growth. Q2 2026 segment sales rose 19% to $2.3 billion.
- [confirms] Mirae Asset Securities (KO, research, published 2026-08-05) https://securities.miraeasset.com/bbs/board/message/view.do?categoryId=1800&messageId=2341812: "Power Systems revenue reached $2.3 billion, up 19% year over year, with data-center demand driving growth."
- [confirms] SEC EDGAR (EN, filing, published 2026-08-04) https://www.sec.gov/Archives/edgar/data/26172/000002617226000026/cmi2026q28-kex99.htm: "Power Systems sales were $2.3 billion, up 19%, driven primarily by power-generation demand for data-center markets in the United States, China and Asia Pacific."
- [confirms] Cummins (KO, ir, published 2026-01-01) https://www.cummins.com/kr/ko: "Power Systems +18% on datacenter power demand."
- [confirms] SEC EDGAR (EN, filing, published 2025-10-30) https://www.sec.gov/Archives/edgar/data/0000026172/000002617225000036/cmi2025q38-kex99.htm: "Power Systems revenue $2.0B (+18%) on datacenter demand."

### Whitehaven Coal (high)
- metric: supplier relationship 61 engines · 2023 · Cummins engines installed across 50 Hitachi machines at Whitehaven mines
- note: Repowers and supports 61 Cummins engines across 50 Hitachi machines at Whitehaven Coal's Maules Creek and Tarrawonga mines.
- [confirms] Cummins (EN, ir, published 2023-12-18) https://www.cummins.com/en-la/news/2023/12/18/whitehaven-slashes-costs-cummins-repowers: "Whitehaven operates 61 Cummins engines in 50 Hitachi machines across two mines and used the repower program to reduce cost and downtime."

### 고마쓰 (high)  → /komatsu.md
- note: Sells engines for Komatsu ultra-class mining trucks, including Dual Fuel retrofits.
- [confirms] Komatsu (EN, ir, published 2024-08-27) https://www.komatsu.jp/en/newsroom/2024/20240827: "Cummins builds the ethanol-diesel engines for Komatsu trucks."

### PACCAR (엔진 조달 고객) (high)  → /paccar.md
- note: PACCAR sources engines it does not build from Cummins; a key truck-OEM customer for Cummins on-highway engines.
- [confirms] U.S. SEC (EN, filing, published 2026-02-18) https://www.sec.gov/Archives/edgar/data/75362/000119312526057025/pcar-20251231.htm: "PACCAR purchases engines it does not manufacture from Cummins (PACCAR 10-K)."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-10) https://www.sec.gov/Archives/edgar/data/26172/000002617226000009/cmi-20251231.htm: "Cummins disclosed PACCAR among the leading manufacturers with which it has long-standing relationships."

### 유나이티드 렌탈스 (high)  → /united-rentals.md
- note: Cummins transferred its mobile rental generator assets to United Rentals in 2017, enabling United Rentals to expand its Power & HVAC fleet, although the acquisition value was not disclosed.
- [confirms] United Rentals (EN, ir, published 2017-08-22) https://www.unitedrentals.com/our-company/press-room/press-releases/detail/united-rentals-expands-power-hvac-fleet-acquisition-portable-power-assets: "United Rentals has acquired power equipment assets, primarily mobile rental generator sets, from Cummins Inc."

### 리퍼블릭 서비스 (mid)  → /republic-services.md
- metric: Count 226 vehicles · 2010 fleet deployment · Republic Services natural-gas vehicles deployed with Cummins Westport engines
- note: Cummins supplied Cummins Westport engines for the 226 natural-gas collection vehicles that Republic Services deployed to western U.S. operations in 2010, although the engine purchase value was not disclosed.
- [confirms] Republic Services (EN, ir, published 2010-03-31) https://investor.republicservices.com/news-releases/news-release-details/republic-services-refuse-and-recycling-fleet-gets-greener: "Vehicle chassis are built by Autocar and the engines by Cummins Westport."

### 히타치건설기계 (mid)  → /hitachi-construction-machinery.md
- metric: supplier relationship 61 engines · 2023 · Cummins engines in Hitachi equipment at Whitehaven mines
- note: Supplies high-horsepower engines for Hitachi Construction Machinery excavators and haul trucks; 61 engines were observed across 50 machines at Whitehaven.
- [confirms] Cummins (EN, ir, published 2023-12-18) https://www.cummins.com/en-la/news/2023/12/18/whitehaven-slashes-costs-cummins-repowers: "Whitehaven operated 61 Cummins engines across 50 Hitachi machines."

### 산업·운송 (엔진·발전) (mid)
- note: Engines and power for industrial and transport.
- [confirms] SEC EDGAR (EN, filing, published 2025-10-30) https://www.sec.gov/Archives/edgar/data/0000026172/000002617225000036/cmi2025q38-kex99.htm: "Engine and distribution businesses."

### 마이크로소프트 (mid)  → /microsoft.md
- note: Supplies backup gensets to Microsoft's AI datacenters — essential infrastructure guarding large compute against outages, so Microsoft's datacenter buildout pace directly drives Cummins Power Systems demand.
- [confirms] Cummins (KO, ir, published 2026-01-01) https://www.cummins.com/kr/ko: "Backup gensets to Microsoft datacenters."

### 아마존 (mid)  → /amazon.md
- note: Supplies backup gensets to AWS datacenters — with Cummins and Caterpillar oligopolizing hyperscale backup power, Amazon is a flagship demand source.
- [confirms] Cummins (KO, ir, published 2026-01-01) https://www.cummins.com/kr/ko: "Backup gensets to AWS datacenters."

### 웨이스트 매니지먼트 (mid)  → /waste-management.md
- note: Cummins supplies X15N, L9N, and ISX12N engines for WM's natural-gas fleet and reported that WM saw positive operating results after adding these engines, but the purchase value was not disclosed.
- [confirms] Cummins Inc. (EN, ir, published 2025-10-24) https://www.cummins.com/en-na/news/2025/10/24/natural-gas-lineup-gives-fleets-more-options-cut-costs: "The company reports positive results after adding the X15N alongside the L9N and ISX12N engines."

Reverse side: https://valuechain.wiki/cummins/suppliers.md · Ripple: https://valuechain.wiki/cummins/ripple.md

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