Oshkosh Corp (OSK) financial statements: income statement, balance sheet and cash flow
Oshkosh Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Oshkosh Corp reported revenue of $10.4B (-2.9% year on year) and net income of $647.0M (-5.0% year on year).
Income statement
Oshkosh Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$10.4B
$10.7B
$9.7B
$8.3B
Cost of sales
$8.6B
$8.8B
$8.0B
$7.2B
Gross income
$1.8B
$2.0B
$1.7B
$1.1B
Selling, general and administrative
$818.7M
$852.4M
$810.4M
$662.8M
Amortization of purchased intangibles
$55.1M
$54.7M
$32.8M
$11.6M
Intangible asset impairments
$5.7M
$51.6M
—
—
Total operating expenses
$879.5M
$958.7M
$843.2M
$682.1M
Operating income
$939.5M
$1.0B
$837.6M
$372.3M
Interest expense
($117.6M)
($119.5M)
($68.6M)
($53.4M)
Interest income
$8.7M
$7.6M
$14.8M
$9.5M
Miscellaneous, net
$11.4M
$4.2M
$13.8M
($52.8M)
Income before income taxes and losses of unconsolidated affiliates
$842.0M
$903.0M
$797.6M
$275.6M
Provision for income taxes
$191.5M
$210.0M
$190.0M
$97.5M
Income before losses of unconsolidated affiliates
$650.5M
$693.0M
$607.6M
$178.1M
Losses of unconsolidated affiliates
($3.5M)
($11.6M)
($9.6M)
($4.2M)
Net income
$647.0M
$681.4M
$598.0M
$173.9M
Basic
$10.08
$10.41
$9.15
$2.65
Diluted
$10.02
$10.35
$9.08
$2.63
Oshkosh Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Net sales
$2.9B
$2.3B
$2.7B
$2.7B
Cost of sales
$2.4B
$2.0B
$2.2B
$2.2B
Gross income
$480.3M
$311.9M
$470.5M
$524.5M
Selling, general and administrative
$222.7M
$215.6M
$196.2M
$213.3M
Amortization of purchased intangibles
$14.4M
$14.3M
$13.9M
$13.8M
Intangible asset impairment
$0
—
$0
$5.7M
Total operating expenses
$237.1M
$229.9M
$210.1M
$232.8M
Operating income
$243.2M
$82.0M
$260.4M
$291.7M
Interest expense
($30.7M)
($29.8M)
($30.6M)
($30.1M)
Interest income
$3.5M
$4.5M
$2.5M
$2.0M
Miscellaneous, net
$3.7M
($2.0M)
$6.1M
$7.3M
Income before income taxes and earnings (losses) of unconsolidated affiliates
$219.7M
$54.7M
$238.4M
$270.9M
Provision for income taxes
$37.2M
$10.5M
$41.7M
$65.2M
Income before earnings (losses) of unconsolidated affiliates
$182.5M
$44.2M
$196.7M
$205.7M
Equity in earnings (losses) of unconsolidated affiliates
$700.0K
($1.1M)
($500.0K)
($900.0K)
Net income
$183.2M
$43.1M
$196.2M
$204.8M
Basic
$2.93
$0.69
$3.06
$3.17
Diluted
$2.92
$0.68
$3.04
$3.16
Cash dividends declared per share on Common Stock
$0.57
$0.57
$0.51
$0.51
Balance sheet
Oshkosh Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$479.8M
$204.9M
$125.4M
$805.9M
Receivables, net
$1.5B
$1.3B
$1.3B
$1.2B
Unbilled receivables, net
$702.7M
$636.5M
$771.6M
$586.3M
Inventories
$2.4B
$2.3B
$2.1B
$1.9B
Income taxes receivable
$52.4M
$51.2M
$42.2M
$21.6M
Other current assets
$102.5M
$114.5M
$93.6M
$90.7M
Total current assets
$5.2B
$4.5B
$4.5B
$4.5B
Property, plant and equipment, net
$1.3B
$1.2B
$1.1B
$826.2M
Goodwill
$1.4B
$1.4B
$1.4B
$1.0B
Purchased intangible assets, net
$734.8M
$777.6M
$830.2M
$457.0M
Deferred income taxes
$201.0M
$259.0M
$262.0M
$134.8M
Deferred contract costs
$825.5M
$842.6M
$710.7M
—
Other non-current assets
$423.3M
$389.8M
$359.6M
$736.9M
Total assets
$10.1B
$9.4B
$9.1B
$7.7B
Revolving credit facilities and current maturities of long-term debt
$600.0K
$362.3M
$175.0M
$9.7M
Accounts payable
$1.1B
$1.1B
$1.2B
$1.1B
Customer advances
$737.1M
$648.8M
$706.9M
$696.7M
Payroll-related obligations
$218.4M
$246.2M
$242.5M
$119.5M
Income taxes payable
$141.3M
$140.1M
$308.0M
$100.3M
Other current liabilities
$492.8M
$446.5M
$442.7M
$373.4M
Total current liabilities
$2.7B
$3.0B
$3.1B
$2.4B
Long-term debt, less current maturities
$1.1B
$599.5M
$597.5M
$595.0M
Non-current customer advances
$1.2B
$1.2B
$1.2B
$1.0B
Deferred income taxes
$25.7M
$26.9M
$26.8M
—
Other non-current liabilities
$528.8M
$502.9M
$519.3M
$499.2M
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding)
0
—
—
—
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued)
700.0K
700.0K
700.0K
700.0K
Additional paid-in capital
$866.3M
$847.8M
$823.0M
$806.0M
Retained earnings
$4.9B
$4.4B
$3.8B
$3.3B
Accumulated other comprehensive income (loss)
$6.4M
($103.2M)
($72.0M)
($92.3M)
Common Stock in treasury, at cost (12,511,995 and 10,499,458 shares, respectively)
-1.2B
-960.4M
-852.2M
-843.7M
Total shareholders’ equity
$4.5B
$4.2B
$3.7B
$3.2B
Total liabilities and shareholders’ equity
$10.1B
$9.4B
$9.1B
$7.7B
Oshkosh Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$403.6M
$250.3M
$211.8M
$191.7M
Receivables, net
$1.6B
$1.5B
$1.5B
$1.5B
Unbilled receivables, net
$729.5M
$698.2M
$680.7M
$654.9M
Inventories
$2.3B
$2.5B
$2.5B
$2.5B
Income taxes receivable
$50.2M
$49.8M
$37.6M
$49.7M
Other current assets
$98.5M
$89.0M
$102.8M
$110.1M
Total current assets
$5.2B
$5.1B
$4.9B
$5.0B
Property, plant and equipment, net
$1.2B
$1.2B
$1.2B
$1.2B
Goodwill
$1.4B
$1.4B
$1.4B
$1.4B
Purchased intangible assets, net
$703.6M
$718.9M
$743.4M
$757.9M
Deferred income taxes
$184.7M
$196.1M
$200.4M
$285.6M
Deferred contract costs
$796.9M
$813.4M
$834.1M
$841.0M
Other non-current assets
$443.4M
$434.8M
$424.3M
$432.8M
Total assets
$10.1B
$10.0B
$9.8B
$10.0B
Revolving credit facilities and current maturities of long-term debt
$502.2M
$546.2M
$106.7M
$398.7M
Accounts payable
$1.0B
$992.5M
$962.1M
$975.7M
Customer advances
$763.8M
$814.8M
$673.3M
$597.9M
Payroll-related obligations
$194.4M
$178.3M
$222.2M
$202.6M
Income taxes payable
$61.3M
$96.6M
$85.8M
$118.7M
Other current liabilities
$516.1M
$497.0M
$451.3M
$433.8M
Total current liabilities
$3.0B
$3.1B
$2.5B
$2.7B
Long-term debt, less current maturities
$600.6M
$600.6M
$1.1B
$1.1B
Non-current customer advances
$1.3B
$1.2B
$1.2B
$1.2B
Deferred income taxes
$23.5M
$24.5M
$25.9M
$26.7M
Other non-current liabilities
$553.4M
$540.9M
$524.7M
$544.5M
Preferred Stock ($0.01 par value; 2,000,000 shares authorized; none issued and outstanding)
0
0
0
0
Common Stock ($0.01 par value; 300,000,000 shares authorized; 75,101,465 shares issued)
700.0K
700.0K
700.0K
700.0K
Additional paid-in capital
$865.0M
$853.3M
$860.1M
$849.2M
Retained earnings
$5.0B
$4.9B
$4.8B
$4.6B
Accumulated other comprehensive income (loss)
($12.8M)
($5.6M)
$2.9M
$7.4M
Common Stock in treasury, at cost (13,258,972 and 12,511,995 shares, respectively)
-1.4B
-1.3B
-1.1B
-1.0B
Total shareholders’ equity
$4.5B
$4.5B
$4.5B
$4.5B
Total liabilities and shareholders’ equity
$10.1B
$10.0B
$9.8B
$10.0B
Cash flow statement
Oshkosh Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$647.0M
$681.4M
$598.0M
$173.9M
Depreciation and amortization
$224.1M
$200.1M
$159.9M
$107.6M
Intangible asset impairments
$5.7M
$51.6M
—
—
Stock-based incentive compensation
$38.0M
$38.1M
$31.9M
$28.6M
Deferred income taxes
$53.2M
($17.9M)
($160.4M)
($53.5M)
Other non-cash adjustments
($15.1M)
$7.0M
$10.9M
$4.3M
Receivables, net
($188.8M)
$65.9M
($53.4M)
($200.4M)
Unbilled receivables, net
($66.1M)
$135.0M
($131.2M)
($146.3M)
Inventories
($77.7M)
($112.4M)
($116.1M)
($330.8M)
Accounts payable
($28.2M)
($77.3M)
$11.8M
$331.7M
Customer advances
$155.9M
($94.1M)
$157.0M
$819.3M
Payroll-related obligations
($30.2M)
($700.0K)
$109.0M
$1.5M
Income taxes payable
($21.6M)
($169.0M)
$215.3M
$71.8M
Deferred contract costs
$17.1M
($131.9M)
—
—
Other operating assets and liabilities
$70.1M
($21.9M)
($270.6M)
($225.8M)
Total changes in operating assets and liabilities
($169.5M)
($406.4M)
($39.3M)
$317.0M
Net cash provided by operating activities
$783.4M
$550.1M
$599.6M
$601.3M
Additions to property, plant and equipment
($165.4M)
($281.0M)
($325.3M)
($269.5M)
Additions to equipment held for rental
($46.4M)
—
—
($10.2M)
Acquisition of businesses, net of cash acquired
($900.0K)
($121.3M)
($995.8M)
($19.7M)
Proceeds from sale of businesses, net of cash sold
$0
$7.0M
$32.6M
—
Other investing activities
$7.8M
$6.5M
$2.9M
$3.4M
Net cash used in investing activities
($204.9M)
($388.8M)
($1.3B)
($300.4M)
Proceeds from revolving credit facilities
$3.2B
$4.3B
$1.6B
—
Repayments of revolving credit facilities
($3.6B)
($4.1B)
($1.5B)
—
Proceeds from issuance of debt
$500.5M
—
—
—
Dividends paid
($130.4M)
($120.0M)
($107.2M)
($97.3M)
Repurchases of Common Stock
($278.0M)
($116.0M)
($22.5M)
($155.0M)
Other financing activities
($48.0M)
($22.9M)
($16.4M)
($10.4M)
Net cash provided by (used in) financing activities
($315.9M)
($75.1M)
$3.4M
($485.0M)
Effect of exchange rate changes on cash and cash equivalents
$12.3M
($6.7M)
$2.1M
($5.7M)
Increase (decrease) in cash and cash equivalents
$274.9M
$79.5M
($680.5M)
($189.8M)
Cash and cash equivalents at beginning of period
$204.9M
$125.4M
$805.9M
$995.7M
Cash and cash equivalents at end of period
$479.8M
$204.9M
$125.4M
$805.9M
Cash paid for interest
$98.5M
$112.4M
$60.0M
$49.6M
Sale of equipment held for rental - noncash
$29.0M
—
—
—
Property, plant and equipment additions - noncash
$18.7M
$31.6M
$58.6M
—
Oshkosh Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$226.3M
$43.1M
$513.2M
$317.0M
Depreciation and amortization
$122.8M
$60.6M
$165.8M
$109.5M
Intangible asset impairment
$0
—
$5.7M
$5.7M
Stock-based incentive compensation
$21.4M
$9.7M
$29.5M
$19.1M
Deferred income taxes
$15.6M
$4.6M
$55.0M
($28.2M)
Other non-cash adjustments
$1.6M
$4.8M
($2.2M)
($400.0K)
Changes in operating assets and liabilities
($174.4M)
($283.8M)
($583.7M)
($728.4M)
Net cash provided by (used in) operating activities
$213.3M
($161.0M)
$183.3M
($305.7M)
Additions to property, plant and equipment
($54.8M)
($28.1M)
($105.6M)
($80.9M)
Additions to equipment held for rental
($11.2M)
($1.5M)
($32.3M)
—
Proceeds from sale of equipment held for rental
$22.9M
$29.6M
—
—
Other investing activities
$1.0M
$1.1M
$2.5M
($17.3M)
Net cash used in investing activities
($42.1M)
$1.1M
($136.3M)
($99.1M)
Proceeds from revolving credit facilities
$454.8M
$259.8M
$3.1B
$2.3B
Repayments of revolving credit facilities
($453.0M)
($214.0M)
($3.4B)
($2.3B)
Proceeds from issuance of debt
$0
$0
$500.0M
$500.0M
Dividends paid
($71.0M)
($35.6M)
($98.3M)
($65.7M)
Repurchases of Common Stock
($138.9M)
($47.3M)
($159.3M)
($68.7M)
Other financing activities
($37.5M)
($31.4M)
($39.0M)
($23.2M)
Net cash provided by (used in) financing activities
($245.6M)
($68.5M)
($51.6M)
$379.4M
Effect of exchange rate changes on cash and cash equivalents