Oshkosh Corp Q2 2026: Revenue $2.92B, EPS $2.92— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Oshkosh Corp reported Q2 2026 revenue of $2.915B, up 6.7% YoY, driven by the Access segment. However, net income fell to $183.2M (-10.5%) and diluted EPS dropped to $2.92 (-7.6%). The company highlighted a sharp 64.7% increase in backlog, strong Transport margins, and improved operating cash flow due to working capital discipline.
Oshkosh Corp reported second-quarter 2026 results with revenue rising to $2.915B and diluted EPS of $2.92, while net income declined to $183.2M versus the year-ago quarter.
Financial Highlights
- Revenue was $2.915B, compared with $2.732B in the prior-year quarter; YoY change 6.7%.
- Net income was $183.2M, compared with $204.8M in the prior-year quarter; YoY change (10.5%).
- Diluted EPS was $2.92, compared with $3.16 in the prior-year quarter; YoY change (7.6%).
Business Highlights
- Consolidated sales rose 6.7% year-over-year, driven by higher volume and pricing with strength in the Access segment.
- Access backlog expanded sharply, up 64.7% year-over-year, with orders of roughly $1.5B and a book-to-bill of about 1.1.
- Transport results benefited from higher NGDV volume and stronger aftermarket recognition, supporting improved Transport margins.
- Vocational market showed mixed dynamics: NGDV volumes increased while vocational refuse unit demand weakened, and plant changes to standardize flow slowed municipal fire apparatus ramp-up.
- Company cited improved operating cash flow via working-capital discipline and lower inventory, and said backlog provides multi-quarter visibility with expectations for a stronger fourth quarter.
Original SEC Filing: OSHKOSH CORP [ OSK ] - 10-Q - Jul. 28, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.