earnings
confidence high
sentiment positive
materiality 0.75
PACCAR Q2 net income $752M ($1.43 EPS), up 24% QoQ; revenues $7.55B, flat YoY
PACCAR INC
- Q2 net income $752.0M ($1.43 diluted EPS) vs $723.8M ($1.37) in Q2 2025; revenues $7.55B vs $7.51B.
- Record PACCAR Parts revenues of $1.75B, pre-tax income $417.0M; PFS pre-tax income $124.1M.
- Global truck deliveries 38,700 units; U.S./Canada Class 8 market estimated 230,000-270,000 units in 2026.
- 2026 capex guidance $700-$750M, R&D $450-$480M; PFS issued $1.38B medium-term notes in H1.
- First half 2026 net income $1.36B ($2.57 EPS) vs $1.23B ($2.33) in H1 2025, which included $264.5M litigation charge.