Oshkosh NYSE: OSK reported first-quarter 2026 results that came in modestly below its internal expectations, but management maintained its full-year outlook and said demand remains solid across its major businesses.

Shares of firetruck maker Oshkosh are a favorite on Wall Street.

OSK misses Q1 earnings estimates as weaker Access and Vocational profitability offsets steady revenues and strong backlog-driven demand visibility.

Oshkosh (NYSE:OSK) on Friday reported worse-than-expected first-quarter financial results.

Oshkosh faces near-term pressure after a weak Q1, but I remain bullish on long-term upside potential from a broader non-residential construction recovery. Current guidance is heavily back-end weighted, requiring strong H2 execution amid macro and sector uncertainties. OSK should benefit from healthy backlogs, pricing actions, and exposure to data centers, power, and mega-projects, with automation offering some competitive differentiation.

Oshkosh stock could be a buy -- if it can restart its growth engine.

Oshkosh Corporation (OSK) Q1 2026 Earnings Call Transcript

Although the revenue and EPS for Oshkosh (OSK) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Oshkosh (OSK) came out with quarterly earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.92 per share a year ago.

OSHKOSH, Wis.--(BUSINESS WIRE)---- $OSK #oshkoshcorporation--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today reported 2026 first quarter net income of $43.1 million, or $0.68 per diluted share, compared to net income of $112.2 million, or $1.72 per diluted share, for the first quarter of 2025. Adjusted1 net income was $53.8 million, or $0.85 per diluted share, for the first quarter of 2026 compared to $124.8 million, or $1.92 per diluted share, for the first quarter of 20.