Friday 6 November 2026 Export OSK’s income statement to Excel — free account

Oshkosh Corporation

OSK Industrials Farm & Heavy Construction Machinery

Oshkosh Corporation’s revenue for fiscal 2025 (year ended December 2025) was $10.4 billion, down 2.87% from fiscal 2024.

Revenue: +5.69%
EPS: −26.9%
Free cash flow: −35.9%
Total debt: −45.4%

Quarter to September 2026, against a year earlier

Dividend growth 10 yrs

136.97 6.43 −4.48%

Follow OSK

Alert me

Market cap: $8.3B
P/E: 17.2×
Fwd P/E: 16.6×
Dividend yield: 1.62%
F-score: 5/9
Altman Z: 3.19
Beneish M: −2.39
Dividend safety: 86/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Oshkosh Corporation (OSK) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Access Segment	4,494	43.12%
Vocational Segment	3,727	35.76%
Transport Segment	2,097	20.12%
Corporate and Other	104	1.00%
Gross margin		17.45%
Operating margin		9.01%
Pre-tax margin		8.08%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Access Segment	4,494 43.12%	5,165 48.13%	4,990 51.67%	3,972 47.96%	—	—	—	—	—	—	—	—	—	—	—	—
Vocational Segment	3,727 35.76%	3,310 30.85%	2,578 26.69%	2,176 26.27%	—	—	—	—	—	—	—	—	—	—	—	—
Transport Segment	2,097 20.12%	2,155 20.09%	2,001 20.72%	2,059 24.86%	2,312 33.71%	2,098 25.02%	1,829 23.73%	1,819 26.63%	1,351 21.52%	940 15.41%	1,725 25.33%	3,047 39.75%	3,948 48.49%	4,360 57.84%	7,162 72.93%	2,595 49.40%
Corporate and Other	104 1.00%	100 0.93%	88 0.92%	75 0.91%	—	—	—	—	—	—	—	—	—	—	—	—
Access Equipment	—	—	—	—	2,506 36.54%	4,080 48.67%	3,777 49.01%	3,026 44.31%	3,012 47.97%	3,401 55.76%	3,507 51.50%	3,121 40.71%	2,794 34.32%	2,052 27.22%	3,012 30.67%	1,226 23.33%
Fire And Emergency	—	—	—	—	1,098 16.01%	1,194 14.25%	1,054 13.67%	1,015 14.87%	953 15.18%	815 13.37%	757 11.11%	751 9.80%	730 8.96%	736 9.76%	894 9.11%	1,042 19.84%
Commercial	—	—	—	—	951 13.87%	1,020 12.17%	1,047 13.59%	964 14.12%	979 15.59%	978 16.04%	866 12.72%	746 9.74%	670 8.22%	498 6.61%	622 6.33%	590 11.23%
Corporate	—	—	—	—	1 0.02%	2 0.03%	1 0.01%	5 0.07%	—	—	—	—	—	—	—	—
Intersegment Eliminations	—	—	—	—	—	—	—	—	(17) (0.27%)	(35) (0.58%)	(45) (0.66%)	0 0.00%	0 0.00%	0 0.00%	(1,869) (19.03%)	(199) (3.80%)
Eliminations	—	—	—	—	—	—	—	—	—	—	—	—	—	(108) (1.43%)	—	—
Revenue	10,422	10,730	9,658	8,282	6,857	8,382	7,706	6,830	6,279	6,098	6,808	7,665	8,141	7,539	9,821	5,253

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Vocational Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Access Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Transport Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Access Equipment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Fire And Emergency	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Commercial	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Intersegment Eliminations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate Elimination [Member] (Deprecated 2012-01-31)	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
United States	8,563 82.16%	9,002 83.89%	7,830 81.08%	7,095 85.66%	6,749 87.22%	6,024 87.85%	7,217 86.10%	6,490 84.22%	5,284 77.37%	4,757 75.75%	4,789 78.54%	5,248 77.08%	6,035 78.73%	6,357 78.09%	6,247 82.87%	8,873 90.35%	4,487 85.42%
Europe, Africa and Middle East	1,117 10.71%	837 7.80%	949 9.82%	455 5.50%	505 6.52%	414 6.03%	664 7.92%	852 11.05%	1,147 16.79%	906 14.42%	564 9.26%	672 9.87%	899 11.72%	975 11.98%	695 9.22%	497 5.06%	—
Rest of the World	377 3.61%	423 3.94%	493 5.10%	359 4.33%	484 6.26%	419 6.12%	501 5.98%	364 4.73%	398 5.83%	398 6.33%	442 7.24%	537 7.89%	497 6.48%	561 6.89%	417 5.53%	340 3.46%	208 3.95%
Other North America	366 3.51%	469 4.37%	387 4.00%	374 4.51%	—	—	—	—	—	220 3.50%	303 4.97%	351 5.16%	235 3.07%	248 3.05%	180 2.38%	110 1.12%	90 1.71%
Europe Africa Middle East	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	469 8.92%
Revenue	10,422	10,730	9,658	8,282	7,737	6,857	8,382	7,706	6,830	6,279	6,098	6,808	7,665	8,141	7,539	9,821	5,253

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Access period-end backlog	Q4 FY2026	$2.7B	$721.2M	+268.22%
Corporate and other period-end backlog	Q4 FY2026	$113.9M	$97.8M	+16.46%
Period-end backlog	Q4 FY2026	$15.1B	$13.7B	+10.64%
Remaining performance obligations	Q3 FY2026	$11.8B	$12.4B	−4.84%
Transport period-end backlog	Q4 FY2026	$5.6B	$6.5B	−12.84%
Vocational period-end backlog	Q4 FY2026	$6.7B	$6.4B	+5.26%

	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q4 FY2023	Q1 FY2024	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020	Q2 FY2020	Q1 FY2020	Q4 FY2019	Q3 FY2019	Q2 FY2019	Q1 FY2019	Q4 FY2018
Access period-end backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other period-end backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Period-end backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Transport period-end backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vocational period-end backlog	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.