Filing Flows › Oshkosh (OSK) › Q4 2025
Oshkosh (OSK) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 17, 2026
Oshkosh (OSK) reported revenue of $2.7B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and 0% from the quarter before. Operating margin was 7.9%, net earnings $134M (5.0% of revenue).
Oshkosh, Q4 2025: revenue $2.7B (+4% year over year), operating margin 7.9%, net earnings $134M, operating cash flow $600M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | 0% | +3% |
| Gross profit | $424M | -10% | -5% |
| Operating profit | $212M | -19% | -5% |
| Net earnings | $134M | -32% | -13% |
| Operating cash flow | $600M | +23% | -24% |
| Free cash flow | $526M | +17% | -25% |
What changed
Revenue was $2.7B in Q4 2025, up 3% year over year and roughly flat from the previous quarter.
Gross margin was 15.8%, down 1.4 points from a year earlier. Operating profit was $0.21B, a 7.9% margin (down 0.7 points year over year). Operating profit fell $0.01B even though revenue rose $0.09B versus a year earlier, so costs grew faster than sales. Operating expenses fell 5% while revenue rose 3%. Net earnings were $0.13B, down 13% year over year. The effective tax rate was 26.3%.
Operating cash flow was $0.60B (down 24% year over year), 449% 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 $0.40B. Capital expenditures of $0.07B left free cash flow of $0.53B.
Questions
What was Oshkosh's revenue in the fourth quarter 2025?
Oshkosh (OSK) reported revenue of $2.7B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and 0% from the quarter before.
Was Oshkosh profitable in the fourth quarter 2025?
Operating profit was $212M (7.9% of revenue) and net earnings $134M.
Source: Oshkosh 10-K on SEC EDGAR.