Filing Flows › Oshkosh (OSK) › Q2 2026 › vs Q1 2026
Oshkosh (OSK) Q2 2026 vs Q1 2026 (quarter over quarter)
Oshkosh's revenue rose $597M (+26%) from $2.3B in Q1 2026 to $2.9B in Q2 2026. Gross margin 16.5% against 13.5% (+3.0 pts).
Oshkosh, Q2 2026: revenue $2.9B (+7% year over year), operating margin 8.3%, net earnings $183M, operating cash flow $374M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 16.5% | 13.5% | +3.0 pts |
| Operating margin | 8.3% | 3.5% | +4.8 pts |
| Net margin | 6.3% | 1.9% | +4.4 pts |
| Free cash flow margin | 11.9% | -8.2% | +20.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.9B | $2.3B | $597M | +26% |
| Gross profit | $480M | $312M | $168M | +54% |
| Cost of revenue | $2.4B | $2.0B | $429M | +21% |
| Operating profit | $243M | $82.0M | $161M | +197% |
| Operating expenses | $237M | $230M | $7.2M | +3% |
| Pre-tax earnings | $220M | $53.6M | $167M | +311% |
| Other expense, net | $22.8M | $28.4M | −$5.6M | -20% |
| Net earnings | $183M | $43.1M | $140M | +325% |
| Income tax | $37.2M | $10.5M | $26.7M | +254% |
| Depreciation & amortization | $62.2M | $60.6M | $1.6M | +3% |
| Share-based compensation | $11.7M | $9.7M | $2.0M | +21% |
| Working capital & other | $117M | −$274M | $392M | — |
| Operating cash flow | $374M | −$161M | $535M | — |
| Free cash flow (OCF − capex) | $348M | −$191M | $538M | — |
| Capital expenditures | $26.7M | $29.6M | −$2.9M | -10% |
Questions
How much did Oshkosh's revenue grow quarter over quarter in Q2 2026?
Oshkosh's revenue rose $597M (+26%) from $2.3B in Q1 2026 to $2.9B in Q2 2026. Gross margin 16.5% against 13.5% (+3.0 pts).