Quarterly ResultOct 29, 2026, 11:26 AM
Oshkosh Corp Q3 Sales Rise 5.7% to $2.84B; Net Income Falls
AI Summary
Oshkosh Corporation reported its third-quarter financial results for 2026, with net sales increasing by 5.7% year-over-year to $2.84 billion. However, net income saw a significant decrease to $138.4 million, or $2.22 per diluted share, compared to $196.2 million, or $3.04 per diluted share, in the same period last year. For the nine-month period, net sales grew 4.4% to $8.07 billion, but net income declined to $364.7 million from $513.2 million. The company also noted a decrease in operating income and changes in its balance sheet, including an increase in cash and cash equivalents.
Key Highlights
- Oshkosh Corporation reported Q3 2026 net sales of $2.84B, a 5.7% increase from $2.69B in Q3 2025.
- Net income for Q3 2026 was $138.4M, or $2.22 per diluted share, down from $196.2M, or $3.04 per diluted share, in Q3 2025.
- For the nine months ended Sept 30, 2026, net sales were $8.07B, up 4.4% from $7.73B in the prior year period.
- Nine-month net income decreased to $364.7M ($5.81/share) in 2026 from $513.2M ($7.92/share) in 2025.
- Operating income for Q3 2026 was $197.1M, down from $260.4M in Q3 2025.
- Total assets were $10.26B as of Sept 30, 2026, compared to $10.07B as of Dec 31, 2025.
- Cash and cash equivalents increased to $558.0M from $479.8M.
- Dividends declared per share increased to $0.57 in Q3 2026 from $0.51 in Q3 2025.
Price Impact
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