PACCAR Posts $6.78B Q1 Revenue, Net Income Rises to $605.3M
PACCAR reported $6.78 billion in first-quarter 2026 revenue and net income of $605.3 million, driven by strong parts and financial services results.
$6.78 billion
$605.3 million
$971.8 million
What Happened
PACCAR Inc. reported first-quarter 2026 revenues of $6.78 billion, down from $7.44 billion a year earlier, but net income rose to $605.3 million from $505.1 million, helped by a year-ago charge. The company also highlighted strong performance from PACCAR Parts and Financial Services, and a growing production backlog due to stronger demand.
“PACCAR reported good revenues and increased net income in the first quarter of 2026 compared to the fourth quarter last year. These results were generated by strong PACCAR Parts and Financial Services results and growth in the truck businesses. PACCAR’s production backlog is increasing due to stronger demand. I am very proud of our employees and dealers who have delivered outstanding trucks and tr”
- Consolidated revenues of $6.78 billion
- Net income of $605.3 million
- PACCAR Parts revenue of $1.71 billion
- PACCAR Parts pretax income of $402.3 million
- Cash provided by operations of $971.8 million
- Capital investment of $135.5 million
$971.8 millionfirst quarter
Enabled $135.5 million in capital investment and $109.1 million in R&D.
Why this matters
PACCAR’s financial performance enables continued investment in new trucks, electric powertrains, and autonomous technology, positioning the company for future growth.
Terms in This Story
- Pretax income
- A company's earnings before taxes are deducted.
- Class 8 truck
- The heaviest class of commercial trucks in the U.S., with a gross vehicle weight rating over 33,000 pounds.
- Aftermarket parts
- Replacement parts made by a manufacturer other than the original vehicle maker.
- Production backlog
- The volume of orders that a company has received but not yet fulfilled.
Summarised from the linked release; details can be imperfect — always verify against the original source.