| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.9K | 25.8% | 6.7% |
| Total Income | 2.9K | 25.8% | 6.7% |
| Expenditure | 2.7K | 19.5% | 9.5% |
| PBT | 219.70 | 301.6% | 18.9% |
| Net Profit | 183.20 | 325.1% | 10.6% |
| OPM | 8.34% | 4.81pp | 2.33pp |
| NPM | 6.29% | 4.43pp | 1.21pp |
| EPS | — |
Oshkosh Corporation Reports 2026 Second Quarter Results
28 Jul 2026 · 28 Jul, 5:32 pm
Summary
Oshkosh Corporation announced second quarter 2026 results with consolidated sales reaching $2.92 billion, a 6.7% increase year-over-year, driven by higher sales volume and improved pricing. However, consolidated operating income decreased to $243.2 million (8.3% of sales) from $291.7 million (10.7% of sales) in the prior year, attributed to unfavorable sales mix and higher manufacturing overhead costs. The company updated its full-year 2026 adjusted earnings per share outlook to approximately $11.00, reflecting a slight decrease from previous guidance, while increasing its net sales expectation to approximately $11.2 billion.
Key Highlights
- 1
Oshkosh Corporation reported second quarter 2026 net sales of $2.92 billion, an increase of 6.7 percent compared to the prior year.
- 2
Consolidated operating income for the second quarter of 2026 decreased to $243.2 million, or 8.3 percent of sales, compared to $291.7 million, or 10.7 percent of sales, in the second quarter of 2025.
- 3
The Access segment reported second quarter 2026 sales of $1.37 billion, an increase of 9.4 percent, driven by higher sales volume and improved pricing.
- 4
The Transport segment's second quarter 2026 sales increased by 11.9 percent to $536.1 million, primarily due to higher sales volume.
- 5
The company updated its full-year 2026 adjusted earnings per share outlook to approximately $11.00.
- 6
The company repurchased 667,158 shares of common stock in the second quarter of 2026 for $91.6 million.
Management Comments
John Pfeifer
Our second quarter earnings per share reflects the dedication of our team members and the strength of our innovative, purpose-built products. We are seeing strong demand for access equipment highlighted by robust orders of $1.5 billion. We remain focused on ramping-up Next Generation Delivery Vehicle (NGDV) production and modernizing legacy manufacturing processes in our Vocational segment. We are continuing actions to transform our fire truck manufacturing operations and expand production to better serve strong customer demand and support long-term growth. As we implement new material flow processes we anticipate a more gradual improvement in fire truck throughput than we previously expected. Accordingly, we are updating our full-year adjusted earnings per share outlook to approximately $11.00. Across the company, we believe our Innovate. Serve. Advance. strategy continues to strengthen our competitive position through investments in differentiated products, advanced technologies and manufacturing capabilities.
Informational and educational content only. Not investment advice.