Oshkosh Corporation (OSK) Earnings Call Transcripts

Oshkosh Corporation's Latest Earnings Call - Q1 FY2026

In the first quarter of fiscal 2026, Oshkosh Corporation (OSK:US) reported consolidated sales of approximately $2.3 billion, flat year-over-year, with adjusted earnings per share (EPS) of $0.85, which was below expectations. The company maintained its full-year EPS guidance at $11.50, signaling confidence in improved performance in the second half of the year despite challenges in the vocational segment, particularly due to fewer fire truck shipments. Management highlighted strong demand in the access segment and a robust backlog, indicating potential for revenue growth as production ramps up.

Reported metrics

Guidance from management

Oshkosh maintained its full-year adjusted EPS guidance at $11.50, expecting stronger performance in the second half of the year driven by improved production and demand across segments.

What management said

Thanks, Matt. Summing it up, we expect continued improvement throughout the year as we execute on our plan. We are operating in a dynamic environment, including changes in tariffs and geopolitical uncertainty but we are actively managing those factors through pricing, cost actions and supply chain actions. We are maintaining our full year adjusted earnings expectations in the range of $11.50 per share, and we remain...

Thanks, John. I'd like to remind everybody, please limit your questions to one plus a follow-up. Please stay disciplined on your follow-up question. After the follow-up, we ask that you rejoin the queue if you have additional questions. Operator, please begin the Q&A session.

What analysts pressed on

Analysts expressed concerns regarding the slower-than-expected recovery in the vocational segment, particularly around fire truck shipments and the potential impact of weather-related disruptions on production schedules. There were also questions about the sustainability of demand in the access segment and the overall macroeconomic environment affecting future performance.

Main topics on the call

• Revenue Performance — Oshkosh's consolidated sales were approximately $2.3 billion, flat compared to the prior year. Management noted, 'Performance in the quarter compared with our expectations was impacted by fewer fire truck shipments in ou...
• Earnings Guidance — Management maintained its full-year adjusted EPS guidance at $11.50, indicating confidence in the second half despite a challenging first quarter. They stated, 'Our outlook for the company has not changed.'
• Access Segment Demand — The access segment saw improved demand, with orders exceeding $1.5 billion and a book-to-bill ratio of 1.6. Management noted, 'Demand in our access segment is improving, supported by mega projects.'
• Vocational Segment Challenges — The vocational segment faced challenges with fire truck shipments falling short of expectations due to weather and travel disruptions. Management mentioned, 'We are focused on modernizing and improving production flow.'

Read the full Oshkosh Corporation transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 64 Oshkosh Corporation earnings call transcripts on record, spanning January 29, 2020 to July 28, 2026. Based on this history, Oshkosh Corporation reports quarterly. The most recent call on file is dated July 28, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OSK

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Machinery

Calls on record

64

First call

January 29, 2020

Most recent

July 28, 2026

Reporting cadence

quarterly