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Oshkosh OSK Access — Research And Development Expense

Other segment segments

Vocational
$9.3M-48.9%
Transport
$3.3M—
Corporate And Other
$3.2M-52.9%

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Other financials

Income statement

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Revenue$2.3B+0.2%
Gross profit$311.9M-22.0%
Operating income$82.0M-53.2%
Net income$43.1M-61.6%
EPS (diluted)$0.68-60.5%

Balance sheet

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Cash & equivalents$250.3M+19.0%
Total debt$1.1B-22.4%
Total equity$4.5B+5.5%
Total assets$10.0B+2.0%

Cash flow

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Operating cash flow-$161.0M+59.2%
CapEx$28.1M-30.3%
Free cash flow-$189.1M+56.5%

Valuation

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Market cap$8.7B+51.7%
Enterprise value$9.6B+37.7%
P/E15.1×+5.7×
P/S0.8×+0.3×

Profitability

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Gross margin16.6%-1.5pp
Operating margin8.1%-0.7pp
Net margin5.5%-0.3pp
FCF margin8.3%+5.5pp

Returns & leverage

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Return on equity13.3%-2.0pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by Oshkosh in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Oshkosh’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Oshkosh's access — research and development expense?
Oshkosh (OSK) reported access — research and development expense of $23.3M in Q1 2026.
How has Oshkosh's access — research and development expense changed year-over-year?
Oshkosh's access — research and development expense increased by 9.4% year-over-year, from $21.3M to $23.3M.
What is the long-term trend for Oshkosh's access — research and development expense?
Over 3 years (2022 to 2025), Oshkosh's access — research and development expense has grown at a 15.2% compound annual growth rate (CAGR), from $55.3M to $84.6M.
What does access — research and development expense mean?
This represents the costs incurred by the Access segment to develop new products, improve existing technologies, and innovate within the aerial work platform market. It is a key driver of long-term competitiveness and product differentiation.