Oshkosh Q1 sales fall 9.1% to $2.31 billion as profit drops; tariffs weigh on 2025 outlook
Oshkosh reported first-quarter 2025 net income of $112.2 million, or $1.72 per diluted share, down from $179.4 million, or $2.71, a year earlier, with sales down 9.1% to $2.31 billion. The company estimates tariffs could reduce 2025 earnings by about $1.00 per share, partly offset by up to $0.50 per share from cost reduction actions, which puts pressure on its prior full-year adjusted EPS outlook of about $11.00.
Key points
- Adjusted EPS was $1.92 versus $2.89 a year earlier; operating income fell 32.5% to $175.4 million.
- Access segment sales fell 22.7% to $957.1 million and segment operating income fell 50.5% to $103.1 million.
- Tariffs could reduce 2025 earnings by about $1.00 per share, net of mitigation; cost actions could offset up to $0.50 per share.
- Board declared a quarterly dividend of $0.51 per share, payable May 30, 2025 to holders of record as of May 16, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.