OSK FY 2025 Earnings Report — Oshkosh Corporation Revenue & Financial Results | Market Cap Arena

Oshkosh CorporationOSK

FY 2025 Earnings

Reported February 17, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$10.4B	—	$10.7B	—	-2.9%
Op. Income	$945M	—	$1.0B	—	-6.5%
Gross Margin	16.9%	—	18.4%	—	-1.4pp
Net Margin	6.2%	—	6.4%	—	-0.1pp
EPS (Diluted)	$10.02	—	$10.38	—	-3.5%
Free Cash Flow	$618M	—	$269M	—	129.7%

Revenue Flow

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$8.7B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$819M
Other Expenses	$0
Operating Expenses	$819M
Cost & Expenses	$9.5B
OPERATING INCOME	$945M
Interest Income	$9M
Interest Expense	$118M
Other Income/Expenses	-$107M
INCOME BEFORE TAX	$839M
Income Tax Expense	$192M
Net Income from Continuing Ops	$647M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$647M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$647M
D&A	$224M
EBIT	$960M
EBITDA	$1.2B
EPS	$10
EPS Diluted	$10

Income Statement

Item	Amount
REVENUE	$10.4B
Cost of Revenue	$8.7B
GROSS PROFIT	$1.8B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$819M
Other Expenses	$0
Operating Expenses	$819M
Cost & Expenses	$9.5B
OPERATING INCOME	$945M
Interest Income	$9M
Interest Expense	$118M
Other Income/Expenses	-$107M
INCOME BEFORE TAX	$839M
Income Tax Expense	$192M
Net Income from Continuing Ops	$647M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$647M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$647M
D&A	$224M
EBIT	$960M
EBITDA	$1.2B
EPS	$10
EPS Diluted	$10

Cash Flow Statement

Item	Amount
Net Income	$647M
Depreciation & Amortization	$256M
Stock-Based Compensation	$0
Deferred Income Tax	$53M
Other Non-Cash Items	-$3M
Change in Working Capital	-$170M
OPERATING CASH FLOW	$783M
Capital Expenditure	-$165M
Acquisitions (Net)	-$900.0K
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$39M
NET CASH FROM INVESTING	-$205M
Net Debt Issuance	$138M
Common Stock Repurchased	-$278M
Common Dividends Paid	-$130M
Other Financing Activities	-$45M
NET CASH FROM FINANCING	-$316M
FREE CASH FLOW	$618M
Net Change in Cash	$275M

Balance Sheet

Item	Amount
Cash & Equivalents	$480M
Short-Term Investments	$0
Net Receivables	$2.2B
Inventory	$2.4B
Other Current Assets	$103M
TOTAL CURRENT ASSETS	$5.2B
PP&E (Net)	$1.5B
Goodwill	$1.4B
Intangible Assets	$735M
Long-Term Investments	$62M
Tax Assets	$201M
Other Non-Current Assets	$920M
TOTAL NON-CURRENT ASSETS	$4.9B
TOTAL ASSETS	$10.1B
Account Payables	$1.1B
Short-Term Debt	$60M
Deferred Revenue	$872M
Other Current Liabilities	$299M
TOTAL CURRENT LIABILITIES	$2.7B
Long-Term Debt	$1.3B
Deferred Revenue NC	$1.3B
Deferred Tax Liabilities	$26M
Other Non-Current Liabilities	$59M
TOTAL NON-CURRENT LIABILITIES	$2.9B
TOTAL LIABILITIES	$5.5B
Common Stock	$700.0K
Additional Paid-In Capital	$866M
Retained Earnings	$4.9B
Treasury Stock	-$1.2B
Accum. Other Comp. Income	$6M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.5B
Minority Interest	$0
TOTAL EQUITY	$4.5B
TOTAL LIABILITIES & EQUITY	$10.1B
Total Debt	$1.5B
Net Debt	$1.1B