Filing Flows › Oshkosh (OSK) › Q1 2026
Oshkosh (OSK) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Oshkosh (OSK) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), +0.2% from a year earlier and -14% from the quarter before. Operating margin was 3.5%, net earnings $43.1M (1.9% of revenue).
Oshkosh, Q1 2026: revenue $2.3B (+0.2% year over year), operating margin 3.5%, net earnings $43.1M, operating cash flow −$161M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -14% | +0.2% |
| Gross profit | $312M | -26% | -22% |
| Operating profit | $82.0M | -61% | -53% |
| Net earnings | $43.1M | -68% | -62% |
| Operating cash flow | −$161M | -127% | — |
What changed
Revenue was $2.3B in Q1 2026, roughly flat year over year and down 14% from the previous quarter.
Gross margin was 13.5%, down 3.8 points from Q1 2025. Operating profit was $0.08B, a 3.5% margin (down 4.0 points year over year). Operating profit fell $0.09B even though revenue rose $0.01B versus Q1 2025, so costs grew faster than sales. Operating expenses grew 2% against flat revenue. Net earnings were $0.04B, down 62% year over year. The effective tax rate was 19.6%.
Operating cash flow was −$0.16B. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.27B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$0.19B.
Questions
What was Oshkosh's revenue in the first quarter 2026?
Oshkosh (OSK) reported revenue of $2.3B for the first quarter 2026 (Q1 2026), +0.2% from a year earlier and -14% from the quarter before.
Was Oshkosh profitable in the first quarter 2026?
Operating profit was $82.0M (3.5% of revenue) and net earnings $43.1M.
Source: Oshkosh 10-Q on SEC EDGAR.