---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-006137"
form_type: "8-K"
ticker: "PCAR"
cik: "0000075362"
company_name: "PACCAR INC"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T17:36:16.884912+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PACCAR reports record Q1 revenue $8.47B, adjusted EPS $2.25 vs $1.15 YoY

## Summary
- Consolidated revenues of $8.47B, a record, up 31% from $6.47B in Q1 2022.
- Reported net income $733.9M ($1.40 EPS); adjusted net income $1.18B ($2.25 EPS) excluding $446.4M European litigation charge.
- Record PACCAR Parts revenue $1.62B, pretax income $438.6M; Financial Services pretax income $148.8M.
- Cash from operations $684.8M; capital investment $132.9M; R&D expense $97.2M.
- Stockholders' equity $13.88B (record); manufacturing cash & marketable securities $5.92B.

## SEC filing metadata
- accession: 0001564590-23-006137
- form_type: 8-K
- ticker: PCAR
- cik: 0000075362
- company_name: PACCAR INC
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/75362/000156459023006137/0001564590-23-006137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75362/000156459023006137/pcar-8k_20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-006137
- JSON: https://secwatch.observer/filing/0001564590-23-006137.json
- Plain text: https://secwatch.observer/filing/0001564590-23-006137.txt

## Key facts
- Earnings Releases
  PACCAR INC reported the first quarter of 2023 results: revenue $8.47 billion, net income $733.9 million, EPS $1.40 per diluted share.
  - Period: the first quarter of 2023
  - Revenue: $8.47 billion
  - Net income: $733.9 million
  - EPS: $1.40 per diluted share
  - Result: reported results
  source text: PACCAR achieved record quarterly revenues of $8.47 billion in the first quarter of 2023, compared to the $6.47 billion reported in the same period in 2022. The company reported net income of $733.9 million ($1.40 per diluted share) in the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/75362/000156459023006137/0001564590-23-006137-index.htm

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