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Oshkosh OSK Operating Income

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Segments

By segment

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Access$151.6M-16.5%
Vocational$121.1M-17.8%
Corporate And Other-$45.3M+17.6%
Transport$15.8M-11.2%

Other financials

Income statement

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Revenue$2.9B+6.7%
Gross profit$480.3M-8.4%
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:OperatingIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization of purchased intangibles14.413.828.727.3
Intangible asset impairment5.75.7
Total operating expenses237.1232.8467.0457.3
Operating income243.2291.7325.2467.1
Other income (expense):
Interest expense(30.7)(30.1)(60.5)(57.1)
Interest income3.52.08.04.0
Miscellaneous, net3.77.31.77.8

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Oshkosh's operating income?
Oshkosh (OSK) reported operating income of $243.2M in Q2 2026.
How has Oshkosh's operating income changed year-over-year?
Oshkosh's operating income decreased by 16.6% year-over-year, from $291.7M to $243.2M.
What is the long-term trend for Oshkosh's operating income?
Over 4 years (2021 to 2025), Oshkosh's operating income has grown at a 15.9% compound annual growth rate (CAGR), from $520.6M to $939.5M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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