Filing Flows › Oshkosh (OSK) › Q3 2025
Oshkosh (OSK) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 29, 2025
Oshkosh (OSK) reported revenue of $2.7B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -2% from the quarter before. Operating margin was 9.7%, net earnings $196M (7.3% of revenue).
Oshkosh, Q3 2025: revenue $2.7B (-2% year over year), operating margin 9.7%, net earnings $196M, operating cash flow $489M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -2% | -2% |
| Gross profit | $470M | -10% | -7% |
| Operating profit | $260M | -11% | -2% |
| Net earnings | $196M | -4% | +9% |
| Operating cash flow | $489M | +448% | +50% |
| Free cash flow | $450M | 13× | +66% |
What changed
Revenue was $2.7B in Q3 2025, down 2% year over year and down 2% from the previous quarter.
Gross margin was 17.5%, down 1.0 points from a year earlier. Operating profit was $0.26B, a 9.7% margin (unchanged year over year). Operating expenses fell 12% while revenue fell 2%. Net earnings were $0.20B, up 9% year over year. The effective tax rate was 17.5%.
Operating cash flow was $0.49B (up 50% year over year), 249% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.23B. Capital expenditures of $0.04B left free cash flow of $0.45B.
Questions
What was Oshkosh's revenue in the third quarter 2025?
Oshkosh (OSK) reported revenue of $2.7B for the third quarter 2025 (Q3 2025), -2% from a year earlier and -2% from the quarter before.
Was Oshkosh profitable in the third quarter 2025?
Operating profit was $260M (9.7% of revenue) and net earnings $196M.
Source: Oshkosh 10-Q on SEC EDGAR.