---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-015518"
form_type: "8-K"
ticker: "PCAR"
cik: "0000075362"
company_name: "PACCAR INC"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:51:40.322827+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PACCAR Q1 net income $600.5M ($1.72 EPS), up 28% YoY; record parts & finance profits

## Summary
- Revenue $6.47B (+11% YoY); net income $600.5M vs $470.8M; diluted EPS $1.72 vs $1.35.
- Record PACCAR Parts revenue $1.39B (+20% YoY) and pretax profit $340.2M (+35% YoY).
- Record PFS pretax profit $147.0M (+92% YoY) on excellent portfolio quality and high used truck prices.
- Global truck market outlook: US/Canada Class 8 260k-290k units; Europe above 16t 270k-300k.
- Capex projected $425-475M; R&D spending $350-400M in 2022.

## SEC filing metadata
- accession: 0001564590-22-015518
- form_type: 8-K
- ticker: PCAR
- cik: 0000075362
- company_name: PACCAR INC
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75362/000156459022015518/0001564590-22-015518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75362/000156459022015518/pcar-8k_20220426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-015518
- JSON: https://secwatch.observer/filing/0001564590-22-015518.json
- Plain text: https://secwatch.observer/filing/0001564590-22-015518.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.