Oshkosh Q2 2026: Revenue Climbs 6.7%, but EPS Misses and Guidance Is Trimmed
OSK sits 37% above its 52-week low of $116.77 on elevated volume (2.0× avg).
Summary
Oshkosh Corporation reported Q2 2026 revenue of $2.92B (+6.7% YoY) but adjusted EPS of $2.87 missed estimates, and the company lowered its full-year adjusted EPS outlook to $11.00, down $0.50 from prior guidance.
Key Events · Earnings and Guidance · OSK
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Q2 Revenue Up, Earnings Down
Sales rose 6.7% to $2.92B, but adjusted EPS fell 16% to $2.87 due to unfavorable mix and higher overhead costs.
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Full-Year Guidance Cut
Adjusted EPS outlook lowered to ~$11.00 (from ~$11.50), reflecting slower fire truck production ramp; revenue guidance raised to $11.2B.
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Share Repurchases Continue
Company bought back 667,158 shares for $91.6M in Q2, adding $0.09 to EPS versus prior year.
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Dividend Maintained
Board declared a quarterly dividend of $0.57 per share, payable August 27, 2026.
Analysis · OSK · Manufacturing
Oshkosh delivered a mixed second quarter. Revenue grew 6.7% to $2.92B, yet adjusted EPS of $2.87 missed the prior year's $3.41 by 16%, pressured by unfavorable mix and higher costs. Management cut full-year adjusted EPS guidance by $0.50 to $11.00, citing slower fire truck throughput improvements. The company also repurchased $91.6M in stock and declared a $0.57 dividend, signaling confidence in cash generation despite near-term margin pressure.
At the time of this filing, OSK was trading at $160.50 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9.7B. The 52-week trading range was $116.77 to $180.49. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.