OSK: Q2 2026 sales rose 6.7% but margins declined; 2026 EPS guidance was revised lower

Oshkosh (OSK) shares fell about 1.6% to $152.50 after the company trimmed full-year EPS guidance to about $11 while keeping free cash flow guidance at $550m to $650m. Q2 results included adjusted EPS of about $2.87 on sales of about $2.9b. Trailing profit margin compressed to 5.2% from 6.3%.

Oshkosh (NYSE:OSK) said it now expects Access revenue to grow in 2026 vs 2025, after revising from a prior modest decline. Vocational sales were $967 million and adjusted operating margin was 13.5%. Fire-truck production changes will cut 2026 shipments and reduce full-year EPS by about $0.50, though output should rise later in 2026. Transport sales rose 12% to $536 million.

Oshkosh Corporation (OSK) reported Q2 2026 sales up 6.7% year over year to $2.9B, citing strong Access demand and solid backlogs. The company trimmed full-year adjusted EPS guidance to about $11 due to lower fire truck output from delays, while improving Access outlook. Free cash flow guidance was unchanged.

Oshkosh Corp (NYSE:OSK) reported Q2 2026 results on July 28. Revenue rose 6.7% to $2.92B and adjusted EPS was $2.87, above estimates, but adjusted operating income fell 17.7% to $257.6M and operating margin compressed to 8.8%. Free cash flow increased to $347.6M. Full-year guidance was reduced, with adjusted EPS about $11.00.

Oshkosh Corp. (OSK) reported Q2 profit of $183.2 million, or $2.92 per share. Adjusted earnings were $2.87 per share versus a Zacks average estimate of $2.60. Revenue was $2.92 billion versus $2.75 billion expected. The company forecast full-year earnings of $11 per share.

Oshkosh (NYSE:OSK) reported Q2 CY2026 revenue of $2.92 billion, up 6.7% year on year and 3.3% above Wall Street estimates. Full-year revenue guidance was $11.2 billion at the midpoint, 2.1% above analysts’ views. Non-GAAP EPS was $2.87, 10.1% above consensus. The stock rose 3.6% to $160.50 after results.