$5.25B$1.75B1.5%
Segment Revenue Breakdown
In Q2 FY2026, Truck sales reached $5.25B (flat YoY), Parts sales grew to $1.75B (up 1.5% YoY driven by European demand), and Financial Services generated $549.7M in revenue.
Source: 10-Q Item 2 MD&A, p.36
A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
PACCAR Inc reported Q2 FY2026 net sales and revenues of $7.55B (up 0.5% YoY) and net income of $752.0M ($1.43 per diluted share), supported by strong price realization in North America and robust Parts segment performance.
Revenue
$7.55B
+0.48% YoY
EPS (Diluted)
$1.43
+4.38% YoY
Paccar (PCAR) reported Q2 FY2026 revenue of $7.55B, up 0.5% year over year. The company posted net income of $752M, up 3.9% from a year earlier, with diluted EPS of $1.43. PCAR's fiscal Q2 FY2026 corresponds to calendar Q2 2026.
PACCAR delivered solid Q2 FY2026 performance with $7.55B in revenue and $752.0M in net income, driven by pricing power and aftermarket parts growth.
Last 4 quarters: 1 beat, 3 misses
Reported EPS of $1.43 versus the $1.38 analyst consensus — a +3.5% beat for Jun 2026.
In Q2 FY2026, Truck sales reached $5.25B (flat YoY), Parts sales grew to $1.75B (up 1.5% YoY driven by European demand), and Financial Services generated $549.7M in revenue.
Source: 10-Q Item 2 MD&A, p.36
Global truck deliveries fell 2% YoY to 38,700 units in Q2 FY2026, as a 4% decline in U.S. and Canada deliveries (22,000 units) was partially offset by a 6% increase in Europe (11,200 units).
Source: 10-Q Item 2 MD&A, p.38
Truck segment pre-tax return on revenues expanded to 6.9% in Q2 FY2026 from 5.9% in Q2 FY2025, driven by $86.8M in pricing gains and reduced tariff costs.
Source: 10-Q Item 2 MD&A, p.39
PACCAR projects U.S. and Canada heavy-duty industry sales of 230,000-270,000 units, Parts sales growth of 3-5%, capital expenditures of $700-$750M, and R&D spending of $450-$480M for full-year 2026.
Source: 10-Q Item 2 MD&A, p.37
Lower retail demand in North America led to a 4% drop in Q2 truck deliveries in the U.S. and Canada. Prolonged freight market weakness could further depress truck build rates and sales volumes.
Source: 10-Q Item 2 MD&A, p.38
Adverse economic conditions in freight transportation could increase past-due accounts, truck repossessions, and credit losses, while depressing used truck values and new loan volume.
Source: 10-Q Item 2 MD&A, p.37
Shifts in international trade policy, import tariffs, and stringent EPA NOx emissions rules require continuous capital investments and create potential cost uncertainties.
Source: 10-Q Item 2 MD&A, p.37
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
Paccar (PCAR) is next expected to report on , when the following quarter's results and any updated outlook will be available.
See the PCAR earnings preview — expected date, analyst estimates and what to watch →
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $7.55B | $7.51B | +0.48% |
Cost of Revenue | $5.99B | $6B | -0.11% |
Net Income | $752M | $723.8M | +3.90% |
EPS (Basic) | $1.43 | $1.38 | +3.62% |
EPS (Diluted) | $1.43 | $1.37 | +4.38% |
R&D Expense | $114.3M | $112.9M | +1.24% |
SG&A Expense | $179.7M | $179.3M | +0.22% |
PACCAR reported Q2 FY2026 net sales and revenues of $7.55B, up 0.5% YoY, and net income of $752.0M ($1.43 per diluted share). Profitability was boosted by strong pricing realization in North America and a 7% revenue gain in European truck sales.
Truck segment revenue was $5.25B, Parts revenue rose 1.5% to $1.75B, and Financial Services revenue reached $549.7M. Truck segment pre-tax margin expanded to 6.9% from 5.9% in Q2 2025 due to favorable price realization.
PACCAR expects U.S. and Canada heavy-duty truck industry sales between 230,000 and 270,000 units, Parts sales growth of 3-5%, full-year capital investments of $700-$750M, and R&D spending between $450M and $480M.
Paccar (PCAR) is next expected to report earnings on Oct 19, 2026. The date comes from the analyst earnings calendar and can shift until the company confirms it.
Expected release date, analyst estimates & what to watch
PACCAR reported Q1 FY2026 net income of $605.3M, up 19.8% year-over-year despite an 8.9% revenue decline to $6.78B, reflecting improved profitability driven by stronger margins and disciplined cost management.
PACCAR (PCAR) reported a significant revenue decline of 15.5% to $28.4B in FY2025, with net income falling 42.9% to $2.4B, reflecting a cyclical downturn in truck demand, though the company maintained strong operating cash flow of $4.4B and grew stockholders' equity by 10%.
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