Oshkosh Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Oshkosh Corporation (OSK). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Access | – | – | $3.97B 48.0% | $4.99B 51.7% · +25.6% | $5.16B 48.1% · +3.5% | $4.49B 43.1% · -13.0% |
| Vocational Segment | – | – | $2.18B 26.3% | $2.58B 26.7% · +18.5% | $3.31B 30.9% · +28.4% | $3.73B 35.8% · +12.6% |
| Transport | – | – | – | $2.00B 20.7% | $2.16B 20.1% · +7.7% | $2.10B 20.1% · -2.7% |
| Corporate and Other | – | – | $75.1M 0.9% | $88.4M 0.9% · +17.7% | $100.0M 0.9% · +13.1% | $104.3M 1.0% · +4.3% |
| Commercial | $951.3M 13.9% | $937.6M 12.1% · -1.4% | – | – | – | – |
| Defense | $2.31B 33.8% | $2.53B 32.6% · +9.3% | $2.06B 24.9% · -18.5% | – | – | – |
| Access Equipment | $2.51B 36.7% | $3.07B 39.5% · +22.4% | – | – | – | – |
| Corporate | -$34.6M -0.5% | $700.0K 0.0% · +102.0% | – | – | – | – |
| Fire & Emergency | $1.10B 16.1% | $1.23B 15.8% · +11.7% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Access | – | – | $313.2M 7.9% | $738.8M 14.8% | $805.4M 15.6% | $502.0M 11.2% |
| Vocational Segment | – | – | $154.4M 7.1% | $185.5M 7.2% | $397.1M 12.0% | $547.1M 14.7% |
| Transport | – | – | – | $87.7M 4.4% | $51.4M 2.4% | $77.8M 3.7% |
| Corporate and Other | – | – | -$148.5M -197.7% | -$174.4M -197.3% | -$243.2M -243.2% | -$187.4M -179.7% |
| Commercial | – | $81.7M 8.7% | – | – | – | – |
| Defense | $186.2M 8.1% | $200.7M 7.9% | $53.2M 2.6% | – | – | – |
| Access Equipment | – | – | – | – | – | – |
| Corporate | – | – | – | – | – | – |
| Fire & Emergency | – | $178.9M 14.6% | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | – | – | $7.09B 85.7% | $7.83B 81.1% · +10.4% | $9.00B 83.9% · +15.0% | $8.56B 82.2% · -4.9% |
| Europe, Africa and Middle East | $413.7M 6.0% | $504.8M 6.5% · +22.0% | $455.2M 5.5% · -9.8% | $948.6M 9.8% · +108.4% | $837.4M 7.8% · -11.7% | $1.12B 10.7% · +33.3% |
| Rest of the World | $419.4M 6.1% | $484.0M 6.3% · +15.4% | $358.6M 4.3% · -25.9% | $492.5M 5.1% · +37.3% | $422.6M 3.9% · -14.2% | $376.5M 3.6% · -10.9% |
| Other North America | – | – | $373.5M 4.5% | $386.6M 4.0% · +3.5% | $468.6M 4.4% · +21.2% | $365.9M 3.5% · -21.9% |
| North America | $6.02B 87.9% | $6.75B 87.2% · +12.0% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 11, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.