PACCAR INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: 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.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue fell 8.9% year-over-year to $6.78B in Q1 FY2026 from $7.44B in Q1 FY2025, reflecting a softer commercial truck market. Cost of revenue declined 8.1% to $5.42B, partially offsetting the top-line pressure.
Net income rose 19.8% to $605.3M from $505.1M in the prior-year period, suggesting meaningful improvement in operating efficiency and/or favorable mix shifts. Net margin expanded to approximately 8.9% from roughly 6.8% in the prior year.
Operating cash flow increased 6.8% to $971.8M in Q1 FY2026 from $910.3M in Q1 FY2025, demonstrating robust cash generation even as revenues declined, supporting PACCAR's ability to fund dividends and capital expenditures.
Revenue
$6.78B
-8.94% YoY
EPS (Basic)
$1.15
++19.79% YoY
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