Filing Flows › Oshkosh (OSK) › Q3 2026 › vs Q2 2026
Oshkosh (OSK) Q3 2026 vs Q2 2026 (quarter over quarter)
Oshkosh's revenue fell $73.5M (-3%) from $2.9B in Q2 2026 to $2.8B in Q3 2026. Gross margin 15.5% against 16.5% (-1.0 pts).
Oshkosh, Q3 2026: revenue $2.8B (+6% year over year), operating margin 6.9%, net earnings $138M, operating cash flow $320M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 15.5% | 16.5% | -1.0 pts |
| Operating margin | 6.9% | 8.3% | -1.4 pts |
| Net margin | 4.9% | 6.3% | -1.4 pts |
| Free cash flow margin | 9.7% | 11.9% | -2.3 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | −$73.5M | -3% |
| Gross profit | $440M | $480M | −$40.0M | -8% |
| Cost of revenue | $2.4B | $2.4B | −$33.5M | -1% |
| Operating profit | $197M | $243M | −$46.1M | -19% |
| Operating expenses | $243M | $237M | $6.1M | +3% |
| Pre-tax earnings | $179M | $220M | −$41.5M | -19% |
| Other expense, net | $18.2M | $22.8M | −$4.6M | -20% |
| Net earnings | $138M | $183M | −$44.8M | -24% |
| Income tax | $40.5M | $37.2M | $3.3M | +9% |
| Depreciation & amortization | $62.8M | $62.2M | $600K | +1% |
| Share-based compensation | $12.0M | $11.7M | $300K | +3% |
| Working capital & other | $107M | $117M | −$10.5M | -9% |
| Operating cash flow | $320M | $374M | −$54.4M | -15% |
| Free cash flow (OCF − capex) | $275M | $348M | −$72.9M | -21% |
| Capital expenditures | $45.2M | $26.7M | $18.5M | +69% |
Questions
How much did Oshkosh's revenue grow quarter over quarter in Q3 2026?
Oshkosh's revenue fell $73.5M (-3%) from $2.9B in Q2 2026 to $2.8B in Q3 2026. Gross margin 15.5% against 16.5% (-1.0 pts).