Cummins Inc. (CMI) 16th Annual Wells Fargo Industrials & Materials Conference June 9, 2026 3:15 PM EDT
Company Participants
Nicholas Arens – Executive Director of Investor Relations and Business Analysis & Planning
Conference Call Participants
Jerry Revich – Wells Fargo Securities, LLC, Research Division
Presentation
Jerry Revich
Wells Fargo Securities, LLC, Research Division
Good afternoon, everybody. Once again, I’m Jerry Revich, and we’re really excited to have with us from Cummins, Nick Arens, Executive Director of Investor Relations. We also have Colin Curtis in the audience here, Senior Analyst and Investor Relations.
Nick, thank you so much for joining our conference.
Nicholas Arens
Executive Director of Investor Relations and Business Analysis & Planning
Thanks for having us. Appreciate it.
Question-and-Answer Session
Jerry Revich
Wells Fargo Securities, LLC, Research Division
So we’ll run the conversation in the fireside chat format. Maybe as a starting point. So one of the big news items from the Analyst Day was Cummins introducing a new natural gas, a large 120-liter engine platform aimed at Prime Power. Can you talk to us about the development curve? Are you folks essentially dusting off the Hedgehog design, and that’s why the time to market is so fast? Or is it more complex than that?
Nicholas Arens
Executive Director of Investor Relations and Business Analysis & Planning
Yes. You’ve got the general idea exactly right. So when we design these engine architectures, I would say the underlying 80% of it is a common architecture. When we think about that 95-liter diesel that we design, and we’ve gone to market with, that’s our primary product in the standby backup power space. And when we designed that architecture, we did it in a fuel-agnostic way that offered us the opportunity that as and when the gas prime opportunity arose that we could make that further 20% investment to customize it into