Aerial Work Platforms was Oshkosh’s largest segment in fiscal 2025, bringing in $2.19B of $9.16B (24%).
| Segment | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Defense | $2.00B | $2.05B | $1.63B | |
| Aerial Work Platforms | $2.46B | $2.44B | $2.19B | |
| Municipal Fire Apparatus | $1.10B | $1.29B | $1.52B | |
| Telehandlers | $1.48B | $1.57B | $1.14B | |
| Other | $508.60M | $471.10M | $491.50M | |
| Airport Products | $376.70M | $862.50M | $975.30M | |
| Refuse & Recycling Vehicles | $590.70M | $686.20M | $743.90M | |
| Delivery Vehicles | — | $103.70M | $468.70M | |
| Fire Apparatus | — | — | — | |
| Refuse Collection | — | — | — | |
| Total | $8.52B | $9.48B | $9.16B |
Oshkosh brought in $9.16B from its eight segments in fiscal 2025, the year ended December 31, 2025. That was down 3.4% from $9.48B in fiscal 2024. Aerial Work Platforms was the largest at $2.19B (24.0%), ahead of Defense at $1.63B (17.8%) and Municipal Fire Apparatus at $1.52B (16.6%). The other five segments brought in $3.82B combined.
Compared with fiscal 2024, Delivery Vehicles grew fastest, up 352.0% to $468.70M, while Telehandlers fell the most, down 27.2% to $1.14B.
Oshkosh began breaking out Delivery Vehicles in fiscal 2024, when it brought in $103.70M.
Transferred At Point In Time was Oshkosh’s largest revenue line in fiscal 2025, bringing in $4.42B of $6.45B (69%).
| Timing Of Transfer Of Good Or Service | FY 2019 | FY 2020 | FY 2021 | FY 2021 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Transferred At Point In Time | $4.94B | $5.10B | $4.42B | ||||
| Transferred Over Time | $1.99B | $2.14B | $2.03B | ||||
| Total | $6.93B | $7.24B | $6.45B |
Oshkosh brought in $6.45B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $9.16B it reports by segment, so these revenue lines do not cover all of its revenue. Transferred At Point In Time was the largest at $4.42B (68.5%), ahead of Transferred Over Time at $2.03B (31.5%).
Compared with fiscal 2024, Transferred Over Time fell 5.1% to $2.03B and Transferred At Point In Time fell 13.4% to $4.42B.
Guarantor Subsidiaries was Oshkosh’s largest revenue line in fiscal 2014, bringing in $5.84B of $6.90B (85%).
| Legal Entity | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|---|---|---|
| Oshkosh Corporation | $4.54B | — | — | — | ||
| Net Sales | — | — | — | — | ||
| Guarantor Subsidiaries | $2.40B | $7.34B | $6.86B | $5.84B | ||
| Non-Guarantor Subsidiaries | $855.90M | $921.30M | $923.70M | $1.06B | ||
| Eliminations | -$258.00M | -$124.80M | -$116.00M | — | ||
| Total | $7.54B | $8.14B | $7.67B | $6.90B |
Oshkosh brought in $6.90B from its two revenue lines in fiscal 2014, the year ended September 30, 2014. Oshkosh regrouped these revenue lines after fiscal 2013, so the total does not compare directly with that year's $7.67B. Guarantor Subsidiaries was the largest at $5.84B (84.7%), ahead of Non-Guarantor Subsidiaries at $1.06B (15.3%).
Compared with fiscal 2013, Non-Guarantor Subsidiaries grew 14.5% to $1.06B, while Guarantor Subsidiaries fell 14.9% to $5.84B.
Oshkosh stopped reporting Oshkosh Corporation as a separate revenue line after fiscal 2011, when it brought in $4.54B.
Oshkosh (OSK) reports its revenue by segment, by timing of transfer of good or service and by legal entity. In fiscal 2025, Aerial Work Platforms was its largest segment, bringing in $2.19B (24.0% of the total), followed by Defense at $1.63B (17.8%).
Aerial Work Platforms was Oshkosh's largest segment in fiscal 2025, bringing in $2.19B, or 24.0% of the $9.16B total across its eight segments.
Transferred At Point In Time was Oshkosh's largest revenue line in fiscal 2025, bringing in $4.42B, or 68.5% of the $6.45B total across its two revenue lines.
Among Oshkosh's segments that make up at least 2% of revenue, Delivery Vehicles grew fastest in fiscal 2025, up 352.0% from $103.70M to $468.70M.
Every figure comes from Oshkosh's annual financial filings, as reported. Each line keeps the name Oshkosh gives it, and years follow its fiscal calendar.
Oshkosh's revenue by segment goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.