Oshkosh Truck SEC Filings

Oshkosh Corporation reported much lower Q1 2026 profits despite flat sales. Net sales were $2.32 billion, essentially unchanged from $2.31 billion a year earlier, but net income fell to $43.1 million and diluted earnings per share dropped to $0.68 from $1.72.

Operating margin declined to 3.5% from 7.6%, driven by unfavorable sales mix, higher material costs including tariffs, and higher manufacturing overhead. Access and Vocational segments saw weaker margins and lower volume, while Transport benefited from higher USPS Next Generation Delivery Vehicle sales and better contract adjustments.

Cash used in operations improved to $161.0 million from $394.9 million as working capital management and customer advances strengthened cash flow trends. Oshkosh refinanced its $1.6 billion revolving credit facility, remained investment‑grade with debt at 20.4% of capitalization, and ended Q1 with $250.3 million in cash and $1.54 billion of revolver availability.

The company still expects 2026 diluted earnings per share of about $10.90 on roughly $11.0 billion of sales, or $11.50 excluding intangible amortization, with only about 30% of earnings in the first half. Management anticipates a stronger second half on better price‑cost in Access, higher fire apparatus and USPS vehicle production, and improved Transport contract economics.

Oshkosh Corporation reported the results of its 2026 Annual Meeting of Shareholders held on May 5, 2026. Shareholders elected ten directors to one-year terms ending at the 2027 Annual Meeting, with each nominee receiving over 51 million shares voted in favor.

Shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 57,154,146 shares voted for and 1,091,075 against. They also approved, on a nonbinding advisory basis, the compensation of named executive officers, with 52,762,283 shares in favor.

In addition, shareholders voted to reject a shareholder proposal concerning directors who fail to obtain a majority vote, with 45,699,145 shares voted against and 8,771,835 in favor.

Oshkosh Corporation reported a weak start to 2026 as profits fell sharply despite steady sales. First quarter net sales were $2.32 billion, up 0.2% from 2025, but net income dropped to $43.1 million, or $0.68 per diluted share, from $112.2 million, or $1.72 per share. Adjusted diluted earnings per share declined to $0.85 from $1.92 as consolidated operating income fell 53.2% to $82.0 million, hurt by unfavorable sales mix, higher manufacturing overhead and lower volume.

Access and Vocational segment operating income both declined significantly, while Transport improved modestly on higher delivery vehicle sales and NGDV ramp-up. Backlog remained large at $14.54 billion. Management maintained its 2026 outlook, expecting diluted EPS of $10.90 and adjusted EPS of $11.50 on about $11.0 billion of net sales, and declared a $0.57 quarterly dividend.

OSHKOSH CORP director Douglas Lee Davis received an equity grant of 1,110 shares of Common Stock as compensation. The award was granted under the company’s 2024 Incentive Stock and Awards Plan and was deferred under the Deferred Compensation Plan for Directors and Executive Officers.

Following this grant and prior deferred share accruals, Davis beneficially owns 8,908.209 shares, including deferred shares acquired through dividend reinvestments in exempt transactions not required to be reported under Section 16(a).

Oshkosh Corp director Keith J. Allman received an award of 1,110 shares of Common Stock, granted at no cash cost, as equity compensation. The shares were granted under Oshkosh’s 2024 Incentive Stock and Awards Plan and deferred into the company’s Deferred Compensation Plan for Directors and Executive Officers.

After this grant and related deferred share accruals, Allman beneficially owns 24,301.21 shares of Oshkosh Common Stock, including deferred shares acquired through dividend reinvestments in exempt transactions.

Burns Bill reported acquisition or exercise transactions in this Form 4 filing.

Oshkosh Corp director Bill Burns received a grant of 1,110 shares of Common Stock at no cost under the company’s 2024 Incentive Stock and Awards Plan. These shares were deferred under Oshkosh’s Deferred Compensation Plan for Directors and Executive Officers, bringing his directly held beneficial ownership to 4,372.59 shares, including prior dividend reinvestments.

CLAYTON ANNETTE K reported acquisition or exercise transactions in this Form 4 filing.

Oshkosh Corp director Annette K. Clayton received 1,110 shares of Common Stock as a grant on May 5, 2026. The award was made under the company’s 2024 Incentive Stock and Awards Plan and was deferred under Oshkosh’s Deferred Compensation Plan for Directors and Executive Officers.

After this grant, Clayton beneficially owns 4,578.11 shares, a portion of which reflects shares accumulated through dividend reinvestments in exempt transactions.

Jordan Tyrone Michael reported acquisition or exercise transactions in this Form 4 filing.

Oshkosh Corp director Jordan Tyrone Michael reported receiving 1,110 shares of common stock as a grant. The award was made at a price of $0.00 per share and was granted under the company’s 2024 Incentive Stock and Awards Plan, then deferred under the Deferred Compensation Plan for Directors and Executive Officers.

After this transaction, his directly held and deferred common stock position increased to 12,100.78 shares. The beneficial ownership figure also reflects a correction of a prior calculation error and includes deferred shares from dividend reinvestments in exempt transactions under Section 16(a).