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Oshkosh OSK Contract Liabilities

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Other financials

Income statement

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Revenue$2.9B+6.7%
Gross profit$480.3M-8.4%
Operating income$243.2M-16.6%
Net income$183.2M-10.5%
EPS (diluted)$2.92-7.6%

Balance sheet

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Cash & equivalents$403.6M+111%
Total debt$1.1B-26.4%
Total equity$4.5B+1.6%
Total assets$10.1B+0.4%

Cash flow

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Operating cash flow$374.3M+320%
CapEx$26.7M-34.2%
Free cash flow$347.6M+615%

Valuation

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Market cap$9.43B+7.6%
Enterprise value$10.13B+0.6%
P/E17×+3.5×
P/S0.9×0.0×

Profitability

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Gross margin15.9%-2.2pp
Operating margin7.5%-1.7pp
Net margin5.2%-1.0pp
FCF margin11%+5.3pp

Returns & leverage

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Return on equity12.4%-3.1pp
Debt / equity0.2×-0.1×
Current ratio1.7×-0.1×

Where this comes from

Reported directly by Oshkosh in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The source filing: Oshkosh’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 2:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-320490
Line itemJune 30,2026December 31,2025
Other current liabilities516.1492.8
Total current liabilities3,047.32,664.4
Long-term debt, less current maturities600.61,100.3
Non-current customer advances1,299.41,222.7
Deferred income taxes23.525.7
Other non-current liabilities553.4528.8
Commitments and contingencies
Shareholders’ equity:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Oshkosh's contract liabilities?
Oshkosh (OSK) reported contract liabilities of $1.3B in Q2 2026.
How has Oshkosh's contract liabilities changed year-over-year?
Oshkosh's contract liabilities increased by 11.7% year-over-year, from $1.16B to $1.3B.
What is the long-term trend for Oshkosh's contract liabilities?
Over 4 years (2021 to 2025), Oshkosh's contract liabilities has grown at a 55.9% compound annual growth rate (CAGR), from $207M to $1.22B.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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