Filing Flows › Oshkosh (OSK) › Q2 2026 › vs Q2 2025
Oshkosh (OSK) Q2 2026 vs Q2 2025 (year over year)
Oshkosh's revenue rose $183M (+7%) from $2.7B in Q2 2025 to $2.9B in Q2 2026. Gross margin 16.5% against 19.2% (-2.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 16.5% | 19.2% | -2.7 pts |
| Operating margin | 8.3% | 10.7% | -2.3 pts |
| Net margin | 6.3% | 7.5% | -1.2 pts |
| Free cash flow margin | 11.9% | 1.3% | +10.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.9B | $2.7B | $183M | +7% |
| Gross profit | $480M | $524M | −$44.2M | -8% |
| Cost of revenue | $2.4B | $2.2B | $227M | +10% |
| Operating profit | $243M | $292M | −$48.5M | -17% |
| Operating expenses | $237M | $233M | $4.3M | +2% |
| Pre-tax earnings | $220M | $270M | −$49.6M | -18% |
| Other expense, net | $22.8M | $21.7M | $1.1M | +5% |
| Net earnings | $183M | $205M | −$21.6M | -11% |
| Income tax | $37.2M | $65.2M | −$28.0M | -43% |
| Depreciation & amortization | $62.2M | $55.9M | $6.3M | +11% |
| Share-based compensation | $11.7M | $10.9M | $800K | +7% |
| Working capital & other | $117M | −$182M | $300M | — |
| Operating cash flow | $374M | $89.2M | $285M | +320% |
| Free cash flow (OCF − capex) | $348M | $34.9M | $313M | +896% |
| Capital expenditures | $26.7M | $54.3M | −$27.6M | -51% |
Questions
How much did Oshkosh's revenue grow year over year in Q2 2026?
Oshkosh's revenue rose $183M (+7%) from $2.7B in Q2 2025 to $2.9B in Q2 2026. Gross margin 16.5% against 19.2% (-2.7 pts).