Oshkosh (OSK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Oshkosh reported revenue of $2.69 billion for the quarter ended December 2025, reflecting a 2.5% increase year-over-year and a 4.95% surprise over the Zacks Consensus Estimate of $2.56 billion. EPS was $2.26, down from $2.58 in the same quarter last year, resulting in a -3.18% surprise compared to the consensus estimate of $2.33 [1][2]. Revenue Performance - Total Vocational net sales were $922.4 million, compared to an average estimate of $1 billion, marking a year-over-year increase of 4.8% [4]. - Total Transport net sales reached $566.7 million, exceeding the estimated $531.97 million [4]. - Total Access net sales amounted to $1.17 billion, surpassing the average estimate of $981.37 million, with a year-over-year change of 1.3% [4]. - Corporate and other net sales were $28.1 million, above the estimated $24.77 million, reflecting a 5.2% increase year-over-year [4]. - Aerial work platforms within Access generated $548.6 million, exceeding the estimated $462.4 million, with a 0.6% year-over-year change [4]. - Other Access sales were $311.8 million, surpassing the estimated $245.27 million, showing a 7.7% increase year-over-year [4]. - Telehandlers within Access reported $311.2 million, below the estimated $272.9 million, with a -3.4% year-over-year change [4]. Operating Income - Adjusted Access segment operating income (non-GAAP) was $103 million, exceeding the average estimate of $80.58 million [4]. - Transport operating income was $22.8 million, below the average estimate of $29.76 million [4]. - Adjusted Vocational segment operating income (non-GAAP) was $149.6 million, lower than the average estimate of $168.96 million [4]. - Adjusted corporate and other operating loss (non-GAAP) was -$49.5 million, better than the average estimate of -$56.45 million [4]. Stock Performance - Oshkosh shares have returned +16.3% over the past month, significantly outperforming the Zacks S&P 500 composite's +0.8% change [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3].