| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 2.3K | 0.2% |
| Total Income | 2.3K | 0.2% |
| Expenditure | 2.2K | 4.6% |
| PBT | 54.70 | 63.8% |
| Net Profit | 43.10 | 61.6% |
| OPM | 3.54% | 4.05pp |
| NPM | 1.86% | 2.99pp |
| EPS | — |
Oshkosh Reports Q1 2026 Sales of $2.32 Billion, Up 0.2%
08 May 2026 · 8 May, 5:36 pm
Summary
Oshkosh Corporation reported relatively flat consolidated sales of $2.32 billion for the first quarter of 2026, a 0.2 percent increase year-over-year. Net income decreased to $43.1 million, or $0.68 per diluted share, compared to $112.2 million, or $1.72 per diluted share, in the first quarter of 2025. The company's consolidated operating income decreased by 53.2 percent to $82.0 million. Despite the decrease in operating income, the company is maintaining its full-year expectation of adjusted earnings per share in the range of $11.50.
Key Highlights
- 1
Oshkosh Corporation reported first quarter sales of $2.32 billion, an increase of 0.2 percent compared to the first quarter of 2025.
- 2
First quarter earnings per share were reported at $0.68, while adjusted earnings per share reached $0.85.
- 3
Consolidated operating income for the first quarter decreased by 53.2 percent to $82.0 million, representing 3.5 percent of sales.
- 4
Adjusted operating income for the first quarter decreased by 49.8 percent to $96.3 million, or 4.2 percent of sales.
- 5
The Transport segment experienced a sales increase of $49.8 million, or 10.8 percent, reaching $512.8 million due to higher sales volume.
- 6
The company maintains its 2026 full-year expectation of adjusted earnings per share in the range of $11.50.
- 7
The Board of Directors declared a quarterly cash dividend of $0.57 per share.
Management Comments
John Pfeifer
“We delivered first quarter adjusted earnings per share of $0.85 reflecting lower results in our Access and Vocational segments compared with last year,” said John Pfeifer, president and chief executive officer of Oshkosh Corporation. “While fire truck production improved year-over-year, deliveries were below our expectations, driven in part by weather- and travel-related disruptions. “In Access, lower results reflected adverse sales mix and unfavorable price-cost dynamics. We saw strong order activity and solid demand in the segment, supported by mega projects, including data center-related construction. Our Transport segment performed in line with our expectations as we continue to ramp NGDV production and execute on our defense portfolio. “Importantly, demand across our segments remains solid and we have good visibility for the remainder of the year. We are maintaining our full-year expectation of adjusted earnings per share in the range of $11.50,” added Pfeifer.
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