PACCAR Reports Strong 2025 Revenues and Net Income
$28.44 billion
$2.38 billion
$2.64 billion
What Happened
PACCAR reported annual revenues of $28.44 billion and net income of $2.38 billion ($4.51 per diluted share) for 2025, including a $264.5 million after-tax charge related to European civil litigation. Adjusted net income was $2.64 billion ($5.01 per diluted share), the fourth best in the company's 120-year history. Fourth-quarter revenues were $6.82 billion, with net income of $556.9 million ($1.06 per diluted share).
“PACCAR reported very good annual revenues and net income in 2025. PACCAR Parts and PACCAR Financial Services delivered record revenue and strong profits. Kenworth, Peterbilt and DAF’s premium quality trucks contributed to the very good results.”
PACCAR's North American truck factories are positioned to operate under Section 232 truck tariff regulations, minimizing tariff costs. The EPA reaffirmed the EPA27 NOx limit at 35 milligrams, providing market clarity. PACCAR declared cash dividends of $2.72 per share during 2025, including a $1.40 year-end dividend paid on January 7, 2026.
- PACCAR earned its 87th consecutive year of net income.
- DAF XD and XF Electric trucks earned International Truck of the Year 2026.
- Kenworth and Peterbilt introduced next-generation battery-electric trucks.
- PACCAR Parts opened a new Distribution Center in Calgary, Canada.
- PACCAR earned an 'A' rating from CDP.
Why this matters
The results highlight PACCAR's stable financial performance and its ability to navigate tariff and regulatory challenges while investing in future technologies.
Terms in This Story
- Section 232 truck tariff
- U.S. tariffs on imported trucks and components under Section 232 of the Trade Expansion Act.
- EPA27 NOx limit
- U.S. Environmental Protection Agency regulation limiting nitrogen oxide emissions from heavy-duty trucks to 35 milligrams per brake horsepower-hour.
- CDP
- Climate Disclosure Project, an organization that rates companies on environmental disclosure and performance.
- AI Studio
- PACCAR's in-house platform for deploying agentic AI tools across its business.
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