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May 4 , 2021 Cummins Cummins Reports First Quarter 2021 Results • First quarter revenues of $ 6.1 billion ; GAAP¹ Net Income of $ 603 million • First quarter EBITDA of 16.1 percent ; Diluted EPS of $ 4.07 • The company is raising its full year 2021 revenue guidance to be up 20 to 24 percent ; up from 8 to 12 percent • EBITDA is now expected to be in the range of 15.5 to 16.0 percent ; up from 15.0 to 15.5 percent COLUMBUS , Ind .-- ( BUSINESS WIRE ) -- Cummins Inc. ( NYSE : CMI ) today reported results for the first quarter of 2021 . First quarter revenues of $ 6.1 billion increased 22 percent from the same quarter in 2020 . Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China and India . R " Demand accelerated in the first quarter , as the global economy continued to improve , driving strong sales growth across most businesses and regions and resulting in solid profitability . The strength and breadth of the rebound in demand has surpassed our original expectations and we have raised our full year outlook , " said Chairman and CEO Tom Linebarger . " While we are encouraged by the rising demand , the pace of recovery has placed a strain on global supply chains leading to increased costs and challenges in fulfilling end - user demand . The shortage of key components such as semiconductor chips has been the primary challenge , with adverse weather conditions impacting the US , and bottlenecks in global logistics further adding to order backlogs . The ability to supply is our key focus now and we are doing everything we can to mitigate the impact . I want to thank our global employees , especially those in our supply chain and manufacturing operations , and our suppliers for their extraordinary efforts to manage through these challenges and support our customers . " Earnings before interest , taxes , depreciation and amortization ( EBITDA ) in the first quarter were $ 980 million ( 16.1 percent of sales ) , compared to $ 846 million ( 16.9 percent of sales ) a year ago . Net income attributable to Cummins in the first quarter was $ 603 million ( $ 4.07 per diluted