Quarterly ResultApr 28, 2026, 08:08 AM
PCAR Q1 Net Income $605.3M ($1.15 EPS); Revenues $6.78B
AI Summary
PACCAR reported Q1 2026 revenues of $6.78 billion and net income of $605.3 million ($1.15 per diluted share). This represents an increase in net income compared to Q1 2025, which included a significant legal charge. The company highlighted strong performance in PACCAR Parts and Financial Services, increasing production backlog, and introduced new Kenworth and DAF electric truck models.
Key Highlights
- PCAR Q1 2026 Net Income $605.3M ($1.15 diluted EPS).
- PCAR Q1 2026 Revenues $6.78B.
- PACCAR Parts Q1 revenue $1.71B; pretax income $402.3M.
- PACCAR Financial Services Q1 pretax income $115.5M.
- Cash provided by operations $971.8M in Q1 2026.
- Q1 2026 Capital investment $135.5M; R&D expense $109.1M.
- Projected 2026 capital expenditures $725-$775M; R&D $450-$500M.
- Introduced Kenworth C580 heavy-duty vocational truck and DAF electric trucks.