Filing Flows › Oshkosh (OSK) › Q1 2025
Oshkosh (OSK) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Oshkosh (OSK) reported revenue of $2.3B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -11% from the quarter before. Operating margin was 7.6%, net earnings $112M (4.9% of revenue).
Oshkosh, Q1 2025: revenue $2.3B (-9% year over year), operating margin 7.6%, net earnings $112M, operating cash flow −$395M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -11% | -9% |
| Gross profit | $400M | -11% | -15% |
| Operating profit | $175M | -22% | -32% |
| Net earnings | $112M | -27% | -37% |
| Operating cash flow | −$395M | — | — |
What changed
Revenue was $2.3B in Q1 2025, down 9% year over year and down 11% from the previous quarter.
Gross margin was 17.3%, down 1.2 points from a year earlier. Operating profit was $0.18B, a 7.6% margin (down 2.6 points year over year). Operating expenses grew 7% against a revenue fall of 9%. Net earnings were $0.11B, down 37% year over year. The effective tax rate was 24.7%.
Operating cash flow was −$0.39B. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.57B. Capital expenditures of $0.04B exceeded it, leaving free cash flow of −$0.44B.
Questions
What was Oshkosh's revenue in the first quarter 2025?
Oshkosh (OSK) reported revenue of $2.3B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -11% from the quarter before.
Was Oshkosh profitable in the first quarter 2025?
Operating profit was $175M (7.6% of revenue) and net earnings $112M.
Source: Oshkosh 10-Q on SEC EDGAR.