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How Oshkosh (OSK) makes money

Oshkosh (OSK) made $2.8B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 15¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.

Drawing the Sankey…

Oshkosh revenue by quarterOshkosh revenue by quarter$2.3BQ1 2025$2.7BQ2 2025$2.7BQ3 2025$2.7BQ4 2025$2.3BQ1 2026$2.9BQ2 2026$2.8BQ3 2026
Oshkosh: where each dollar of revenue goesOshkosh: where each dollar of revenue goesCost of revenue85¢Gross profit15¢Operating expenses9¢Operating profit7¢Income tax1¢Net earnings5¢Operating cash flow11¢Free cash flow10¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$2.8B100.0%
Cost of revenue$2.4B84.5%
Gross profit$440M15.5%
Operating expenses$243M8.6%
Operating profit$197M6.9%
Income tax$40.5M1.4%
Net earnings$138M4.9%
Operating cash flow$320M11.3%
Free cash flow$275M9.7%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$2.8B+6%
Q2 2026$2.9B+7%
Q1 2026$2.3B+0.2%
Q4 2025$2.7B+4%
Q3 2025$2.7B-2%
Q2 2025$2.7B-4%
Q1 2025$2.3B-9%

From Oshkosh's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Oshkosh make money?

Oshkosh (OSK) made $2.8B of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Of every dollar of revenue, 15¢ was left as gross profit, 7¢ was left as operating profit, 5¢ was left as net earnings.

What is Oshkosh's profit margin?

Net earnings were $138M, 4.9% of revenue, in the third quarter 2026; the operating margin was 6.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.