--- title: "Oshkosh Truck | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.915 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/294062374.md" datetime: "2026-07-28T12:02:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294062374.md) - [en](https://longbridge.com/en/news/294062374.md) - [zh-HK](https://longbridge.com/zh-HK/news/294062374.md) --- # Oshkosh Truck | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 2.915 B Revenue: As of FY2026 Q2, the actual value is USD 2.915 B, beating the estimate of USD 2.788 B. EPS: As of FY2026 Q2, the actual value is USD 2.92, beating the estimate of USD 2.5194. EBIT: As of FY2026 Q2, the actual value is USD 270.4 M. #### Second Quarter 2026 Consolidated Performance - **Net Income**: Net income was $183.2 million, a decrease from $204.8 million in the second quarter of 2025. Adjusted net income was $180.1 million, down from $220.6 million in the prior-year quarter. - **Consolidated Operating Income**: Consolidated operating income decreased by 16.6% to $243.2 million, representing 8.3% of sales, compared to $291.7 million (10.7% of sales) in the second quarter of 2025. Adjusted operating income was $257.6 million, or 8.8% of sales, a decrease from $312.9 million (11.5% of sales) in the same period of 2025. - **Provision for Income Taxes**: Income tax expense was $37.2 million, or 16.9% of pre-tax income, compared to $65.2 million, or 24.1% of pre-tax income, in the second quarter of 2025. This included a $16.7 million discrete tax benefit related to the expiration of the statute of limitations for a foreign anti-hybrid tax matter. - **Miscellaneous, Net**: Miscellaneous income, net, was $3.7 million, down from $7.3 million in the second quarter of 2025. - **Common Stock Repurchases**: Oshkosh Corporation repurchased 667,158 shares of common stock for $91.6 million during the quarter. - **Dividends**: A quarterly cash dividend of $0.57 per share of Common Stock was declared. #### Six-Month 2026 Consolidated Performance - **Net Income**: For the first six months of 2026, net income was $226.3 million, compared to $317.0 million for the same period in 2025. Adjusted net income was $233.9 million, down from $345.4 million in the first six months of 2025. #### Segment Revenue (Second Quarter 2026) - **Access**: Sales increased by 9.4% to $1.37 billion, driven by higher sales volume and improved pricing. This included $735.1 million from aerial work platforms, $263.3 million from telehandlers, and $375.4 million from other Access products. - **Vocational**: Sales were relatively flat at $966.8 million, as lower refuse and recycling vehicle shipments offset improved pricing. This included $423.9 million from municipal fire apparatus, $258.0 million from airport products, $160.7 million from refuse and recycling vehicles, and $124.2 million from other Vocational products. - **Transport**: Sales increased by 11.9% to $536.1 million due to higher sales volume, including the ramp-up of NGDV production, partially offset by lower defense sales volume. This included $274.5 million from defense and $261.6 million from delivery vehicles. - **Corporate and Other**: Sales were $38.4 million. #### Segment Operating Income (Second Quarter 2026) - **Access**: Operating income decreased by 16.5% to $151.6 million (11.0% of sales). Adjusted operating income was $155.8 million (11.3% of sales). - **Vocational**: Operating income decreased by 17.8% to $121.1 million (12.5% of sales). Adjusted operating income was $130.5 million (13.5% of sales). - **Transport**: Operating income decreased by 11.2% to $15.8 million (2.9% of sales). - **Corporate and Other**: Net operating costs decreased to - $45.3 million, primarily due to the non-recurrence of an intangible asset impairment. #### Cash Flow (Six Months Ended June 30, 2026) - **Net Cash Provided by Operating Activities**: $213.3 million, compared to - $305.7 million in the prior-year period. - **Net Cash Used in Investing Activities**: - $42.1 million, compared to - $99.1 million in the prior-year period. - **Net Cash Used in Financing Activities**: - $245.6 million, compared to $379.4 million in the prior-year period. - **Decrease in Cash and Cash Equivalents**: - $76.2 million, compared to - $13.2 million in the prior-year period. - **Cash and Cash Equivalents at End of Period**: $403.6 million. #### Period-End Backlog (June 30, 2026) - **Consolidated**: The consolidated backlog was $14,752.2 million, up from $14,225.7 million at June 30, 2025. - **Access**: $1,958.2 million. - **Vocational**: $6,618.8 million. - **Transport**: $6,050.8 million. - **Corporate and Other**: $124.4 million. #### Outlook / Guidance Oshkosh Corporation updated its full-year 2026 outlook, now expecting diluted earnings per share to be approximately $10.50 and adjusted diluted earnings per share to be approximately $11.00, both representing a decrease of approximately $0.50 from previous guidance. Net sales are projected to be approximately $11.2 billion, an increase of $200 million from prior guidance. ### Related Stocks - [OSK.US](https://longbridge.com/en/quote/OSK.US.md) ## Related News & Research - [OSK: Q2 2026 sales rose 6.7% but margins declined; 2026 EPS guidance was revised lower](https://longbridge.com/en/news/294100394.md) - [Oshkosh Corporation $OSK Stake Raised by Lazard Asset Management LLC](https://longbridge.com/en/news/294043563.md) - [Oshkosh Q2 profit beats on improved pricing](https://longbridge.com/en/news/294055763.md) - [Towle & Co. Sells 27,942 Shares of Oshkosh Corporation $OSK](https://longbridge.com/en/news/293740291.md) - [Oshkosh Corporation $OSK Shares Acquired by Allspring Global Investments Holdings LLC](https://longbridge.com/en/news/293715233.md)