Paccar income statement
In fiscal 2025, Paccar reported revenue of $28.44bn, down 15.5% on the year before and net income of $2.38bn, or $4.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8.1 | 10.3 | 16.4 | 17.1 | 17.1 | 19.0 | 19.1 | 17.0 | 19.5 | 23.5 | 25.6 | 18.7 | 23.5 | 28.8 | 35.1 | 33.7 | 28.4 | 29.1 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | — | 23.3 | 26.9 | 26.1 | 22.7 | 23.2 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | — | 5.5 | 8.2 | 7.6 | 5.7 | 5.9 |
| Research and development | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.3 | 0.4 | 0.5 | 0.4 | 0.4 |
| Selling, general and administrative | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.7 | 0.8 | 0.7 | 0.7 | 0.7 |
| Interest expense | 0.3 | 0.2 | 0.2 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Provision for credit losses | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 |
| Income before tax | 0.2 | 0.7 | 1.5 | 1.6 | 1.7 | 2.0 | 2.3 | 1.1 | 2.2 | 2.8 | 3.1 | 1.7 | 2.4 | 3.8 | 5.7 | 5.4 | 3.0 | 3.5 |
| Income tax | 0.1 | 0.2 | 0.5 | 0.5 | 0.5 | 0.7 | 0.7 | 0.6 | 0.5 | 0.6 | 0.7 | 0.4 | 0.5 | 0.8 | 1.1 | 1.2 | 0.6 | 0.8 |
| Net income | 0.1 | 0.5 | 1.0 | 1.1 | 1.2 | 1.4 | 1.6 | 0.5 | 1.7 | 2.2 | 2.4 | 1.3 | 1.9 | 3.0 | 4.6 | 4.2 | 2.4 | 2.8 |
| Diluted EPS | $0.21 | $0.83 | $1.91 | $2.08 | $2.20 | $2.55 | $3.01 | $0.99 | $3.17 | $4.16 | $4.58 | $2.50 | $3.57 | $5.75 | $8.76 | $7.90 | $4.51 | $5.24 |
| Diluted shares (average) | 547m | 549m | 547m | 534m | 533m | 534m | 533m | 528m | 529m | 528m | 521m | 521m | 523m | 523m | 525m | 527m | 527m | 527m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,908 | 7,442 | 7,511 | 6,672 | 6,821 | 6,777 | 7,547 | 7,937 |
| Cost of revenue | 6,196 | 5,891 | 5,995 | 5,345 | 5,505 | 5,417 | 5,989 | 6,311 |
| Gross profit | 1,712 | 1,551 | 1,515 | 1,326 | 1,316 | 1,360 | 1,558 | 1,626 |
| Research and development | 115 | 115 | 113 | 111 | 106 | 109 | 114 | 109 |
| Selling, general and administrative | 187 | 182 | 179 | 180 | 195 | 189 | 180 | 168 |
| Provision for credit losses | 25 | 18 | 29 | 37 | 41 | 44 | 39 | 29 |
| Income before tax | 1,149 | 643 | 932 | 744 | 705 | 776 | 982 | 1,081 |
| Income tax | 277 | 138 | 208 | 154 | 148 | 171 | 230 | 234 |
| Net income | 872 | 505 | 724 | 590 | 557 | 605 | 752 | 848 |
| Diluted EPS | $1.65 | $0.96 | $1.37 | $1.12 | $1.06 | $1.15 | $1.43 | $1.61 |
Compare with peers
- Cummins income statement
- Wabtec income statement
- Caterpillar Inc. income statement
- Oshkosh Corp income statement
- Terex Corp income statement
Head to head: CMI vs PCARPCAR vs WABCAT vs PCAR
More: Construction Machinery & Heavy Transportation Equipment stocks compared, Industrials sector, rankings of US companies