Paccar Inc (PCAR) financial statements: income statement, balance sheet and cash flow

Paccar Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Paccar Inc reported revenue of $28.4B (-15.5% year on year) and net income of $2.4B (-42.9% year on year).

Income statement

Paccar Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Interest and fees	$1.4B	$1.3B	$1.0B	$628.7M
Operating lease, rental and other revenues	$781.0M	$803.6M	$802.6M	$876.7M
Revenues	$28.4B	$33.7B	$35.1B	$28.8B
Cost of sales and revenues	$22.7B	$26.1B	$26.9B	$23.3B
Research and development	$445.5M	$452.9M	$410.9M	$341.2M
Interest and other borrowing expenses	$783.0M	$710.8M	$500.6M	$216.3M
Depreciation and other expenses	$657.6M	$718.5M	$590.7M	$560.8M
Selling, general and administrative	$735.8M	$744.0M	$753.3M	$726.3M
Provision for losses on receivables	$124.5M	$75.6M	$31.3M	$5.5M
Interest and other expenses (income), net	$284.3M	($113.8M)	$520.4M	($109.1M)
Costs and Expenses, Total	$25.8B	$28.7B	$29.7B	$25.0B
Income before income taxes	$2.7B	$5.0B	$5.4B	$3.8B
Investment income	$346.1M	$394.7M	$292.2M	$61.0M
Total Income Before Income Taxes	$3.0B	$5.4B	$5.7B	$3.8B
Income taxes	$647.7M	$1.2B	$1.1B	$837.1M
Net Income	$2.4B	$4.2B	$4.6B	$3.0B
Basic	$4.52	$7.92	$8.78	$5.76
Diluted	$4.51	$7.90	$8.76	$5.75
Basic	525.9M	525.3M	523.9M	522.6M
Diluted	526.8M	526.6M	525.0M	523.4M

Paccar Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Interest and fees	$346.2M	$344.9M	$367.5M	$357.6M
Operating lease, rental and other revenues	$203.5M	$197.3M	$197.8M	$190.1M
Revenues	$7.5B	$6.8B	$6.7B	$7.5B
Cost of sales and revenues	$6.0B	$5.4B	$5.3B	$6.0B
Research and development	$114.3M	$109.1M	$111.0M	$112.9M
Interest and other borrowing expenses	$179.9M	$182.8M	$201.0M	$200.3M
Depreciation and other expenses	$165.2M	$160.1M	$161.7M	$154.9M
Selling, general and administrative	$179.7M	$189.3M	$180.2M	$179.3M
Provision for losses on receivables	$39.4M	$44.1M	$36.5M	$29.2M
Interest and other (income) expenses, net	($16.3M)	($21.3M)	($16.8M)	($9.5M)
Costs and Expenses, Total	$6.7B	$6.1B	$6.0B	$6.7B
Income before income taxes	$895.5M	$695.9M	$652.8M	$848.0M
Investment income	$86.0M	$80.4M	$90.8M	$83.9M
Total Income (Loss) Before Income Taxes	$981.5M	$776.3M	$743.6M	$931.9M
Income taxes	$229.5M	$171.0M	$153.6M	$208.1M
Net Income	$752.0M	$605.3M	$590.0M	$723.8M
Basic	$1.43	$1.15	$1.12	$1.38
Diluted	$1.43	$1.15	$1.12	$1.37
Basic	527.0M	526.7M	525.9M	525.9M
Diluted	527.6M	527.4M	526.7M	526.7M
Comprehensive Income	$738.7M	$613.3M	$590.4M	$1.1B

Balance sheet

Paccar Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$6.3B	$7.1B	$7.2B	$4.7B
Trade and other receivables, net (allowance for losses: 2025 - $1.5, 2024 - $1.2)	$2.0B	$1.9B	$2.2B	$1.9B
Finance and other receivables, net (allowance for losses: 2025 - $192.9, 2024 - $145.2)	$19.8B	$19.3B	—	—
Marketable securities	$3.2B	$2.8B	$1.8B	$1.6B
Inventories, net	$2.2B	$2.4B	$2.6B	$2.2B
Other current assets	$903.9M	$751.2M	$680.6M	$682.0M
Total Truck, Parts and Other Current Assets	$14.3B	$14.7B	$14.1B	$11.0B
Equipment on operating leases, net	$1.9B	$2.0B	$2.3B	$2.8B
Property, plant and equipment, net	$4.5B	$4.0B	$3.8B	$3.5B
Other noncurrent assets, net	$2.7B	$2.3B	$1.8B	$1.5B
Other assets	$918.4M	$1.0B	$871.8M	$629.0M
Total Assets	$44.3B	$43.4B	$40.8B	$33.3B
Accounts payable, accrued expenses and other	$4.9B	$4.8B	$5.1B	$4.5B
Dividend payable	$735.8M	$1.6B	$1.7B	$974.6M
Total Truck, Parts and Other Current Liabilities	$5.6B	$6.4B	$6.8B	$5.5B
Other liabilities	$2.3B	$1.9B	$2.1B	$1.5B
Accounts payable, accrued expenses and other	$907.7M	$1.1B	$992.3M	$5.3B
Commercial paper and bank loans	$5.0B	$6.0B	$5.6B	$3.6B
Term notes	$10.6B	$9.9B	$8.6B	$7.9B
Deferred taxes and other liabilities	$637.3M	$577.4M	$702.0M	$624.4M
Total Liabilities	$25.1B	$25.9B	$24.9B	$20.1B
Common stock, $1 par value - authorized 1.2 billion shares, issued 525.4 million and 524.4 million shares	525.4M	524.4M	523.3M	522.0M
Additional paid-in capital	$379.2M	$344.8M	$269.1M	$196.1M
Retained earnings	$18.7B	$17.8B	$15.8B	$13.4B
Accumulated other comprehensive loss	($336.7M)	($1.1B)	($693.9M)	($953.4M)
Total Stockholders' Equity	$19.3B	$17.5B	$15.9B	$13.2B
Liabilities and Equity, Total	$44.3B	$43.4B	$40.8B	$33.3B

Paccar Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$5.6B	$5.6B	$6.3B	$5.5B
Trade and other receivables, net (allowance for losses: 2026 - $1.7, 2025 - $1.5)	$2.4B	$2.3B	$2.1B	$2.2B
Marketable securities	$3.3B	$3.2B	$2.9B	$2.9B
Inventories, net	$2.4B	$2.2B	$2.3B	$2.5B
Other current assets	$957.8M	$822.8M	$1.1B	$905.5M
Total Truck, Parts and Other Current Assets	$14.4B	$13.9B	$14.5B	$13.9B
Finance and other receivables, net (allowance for losses: 2026 - $191.7, 2025 - $192.9)	$19.3B	$19.3B	$20.0B	$20.2B
Equipment on operating leases, net	$1.9B	$1.8B	$1.9B	$1.9B
Property, plant and equipment, net	$4.5B	$4.5B	$4.4B	$4.4B
Other noncurrent assets, net	$2.8B	$2.8B	$2.2B	$2.5B
Other assets	$890.4M	$911.1M	$952.2M	$1.0B
Total Assets	$44.0B	$43.6B	$44.2B	$44.1B
Accounts payable, accrued expenses and other	$5.2B	$5.1B	$5.1B	$5.2B
Total Truck, Parts and Other Current Liabilities	$5.2B	$5.1B	$5.1B	$5.2B
Accounts payable, accrued expenses and other	$922.1M	$901.9M	$933.4M	$1.1B
Commercial paper and bank loans	$4.8B	$4.8B	$5.1B	$5.1B
Term notes	$9.9B	$10.2B	$10.8B	$10.8B
Deferred taxes and other liabilities	$672.6M	$650.8M	$663.9M	$654.3M
Other liabilities	$2.2B	$2.2B	$2.2B	$2.3B
Total Liabilities	$23.7B	$23.8B	$24.8B	$25.2B
Common stock, $1 par value - authorized 1.2 billion shares, issued 526.4 and 525.4 million shares	526.4M	526.3M	525.6M	525.5M
Additional paid-in capital	$446.6M	$436.3M	$398.2M	$389.0M
Treasury stock, at cost - .04 million and nil shares	-4.8M	-4.8M	-35.2M	-35.0M
Retained earnings	$19.7B	$19.1B	$19.0B	$18.6B
Accumulated other comprehensive loss	($342.0M)	($328.7M)	($569.3M)	($569.7M)
Total Stockholders' Equity	$20.3B	$19.8B	$19.4B	$18.9B
Liabilities and Equity, Total	$44.0B	$43.6B	$44.2B	$44.1B

Cash flow statement

Paccar Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net Income	$2.4B	$4.2B	$4.6B	$3.0B
Depreciation and amortization, Property, plant and equipment	$398.2M	$398.4M	$415.0M	$332.2M
Depreciation and amortization, Other assets, net	$429.2M	—	—	—
Provision for losses on financial services receivables	$124.5M	$75.6M	$31.3M	$5.5M
Deferred taxes	$333.1M	($79.3M)	($303.7M)	($208.0M)
Other, net	$60.7M	$26.3M	$46.5M	$13.9M
Pension contributions	($24.5M)	($40.8M)	($27.3M)	($39.1M)
Trade and other receivables	$102.0M	$156.9M	($430.7M)	($441.7M)
Wholesale receivables on new trucks	$1.0B	($478.7M)	($1.3B)	($935.4M)
Inventories	$296.4M	$42.5M	($350.7M)	($272.7M)
Other assets, net	($102.0M)	($149.3M)	($127.2M)	($31.9M)
Accounts payable and accrued expenses	($432.6M)	$279.4M	$375.8M	$840.3M
Residual value guarantees and deferred revenues	($36.5M)	($800.0K)	($36.8M)	($44.3M)
Other liabilities, net	($115.6M)	($269.8M)	$754.5M	$338.6M
Net Cash Provided by Operating Activities	$4.4B	$4.6B	$4.2B	$3.0B
Originations of retail loans and finance leases	($6.1B)	($6.7B)	($6.4B)	($5.1B)
Collections on retail loans and finance leases	$5.1B	$4.8B	$4.3B	$3.9B
Net increase in wholesale receivables on equipment	($4.9M)	($512.1M)	($29.1M)	($15.9M)
Purchases of marketable debt securities	($1.8B)	($2.1B)	($967.2M)	($888.4M)
Proceeds from sales and maturities of marketable debt securities	$1.4B	$1.1B	$803.6M	$718.1M
Payments for property, plant and equipment	($743.0M)	($838.7M)	($695.0M)	($525.0M)
Acquisitions of equipment for operating leases	($643.6M)	($906.9M)	($567.5M)	($865.5M)
Proceeds from asset disposals	$680.8M	$696.1M	$614.5M	$687.7M
Contributions to joint venture	($201.8M)	($207.6M)	—	—
Other, net	($3.4M)	$74.0M	$17.5M	$26.7M
Net Cash Used in Investing Activities	($2.3B)	($4.5B)	($2.9B)	($2.0B)
Payments of cash dividends	($2.3B)	($2.3B)	($1.5B)	($1.0B)
Purchases of treasury stock	($36.1M)	($4.5M)	($3.5M)	($2.1M)
Proceeds from stock compensation transactions	43.4M	51.9M	51.5M	35.7M
Net (decrease) increase in commercial paper, short-term bank loans and other	($1.1B)	$699.9M	$1.7B	$370.1M
Proceeds from term debt	$3.1B	$3.9B	$3.1B	$3.2B
Payments on term debt	($2.8B)	($2.5B)	($2.2B)	($2.3B)
Net Cash (Used in) Provided by Financing Activities	($3.1B)	($123.1M)	$1.1B	$304.9M
Effect of exchange rate changes on cash and cash equivalents	$180.9M	($151.4M)	$69.6M	($36.3M)
Net (Decrease) Increase in Cash and Cash Equivalents	($752.9M)	($120.9M)	$2.5B	$1.3B
Cash and cash equivalents at beginning of period	$7.1B	$7.2B	$4.7B	$3.4B
Cash and cash equivalents at end of period	$6.3B	$7.1B	—	—

Paccar Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net Income	$1.4B	$605.3M	$1.8B	$1.2B
Depreciation and amortization, Property, plant and equipment	$210.6M	$100.5M	$297.3M	$199.5M
Depreciation and amortization, Other assets	$204.5M	$99.6M	$320.9M	$212.9M
Provision for losses on financial services receivables	$83.5M	$44.1M	$84.0M	$47.5M
Deferred taxes	($136.1M)	($159.0M)	$310.2M	—
Other, net	$21.1M	$17.4M	$52.0M	($8.7M)
Pension contributions	($7.7M)	($4.0M)	($19.3M)	($11.5M)
Trade and other receivables	($383.3M)	($279.1M)	($25.2M)	($165.1M)
Wholesale receivables on new trucks	$192.4M	$198.7M	$714.9M	$304.6M
Inventories	($197.6M)	($29.7M)	$189.7M	$28.9M
Accounts payable and accrued expenses	$361.6M	$234.4M	($157.9M)	($42.0M)
Income taxes, warranty and other	($33.7M)	$143.6M	($314.0M)	($51.3M)
Net Cash Provided by Operating Activities	$1.7B	$971.8M	$3.3B	$1.7B
Originations of retail loans and finance leases	($2.6B)	($1.2B)	($4.5B)	($3.0B)
Collections on retail loans and finance leases	$2.6B	$1.3B	$3.8B	$2.4B
Net decrease in wholesale receivables on equipment	$86.1M	$50.6M	($127.2M)	$21.0M
Purchases of marketable debt securities	($1.1B)	($586.2M)	($1.3B)	($823.0M)
Proceeds from sales and maturities of marketable debt securities	$969.1M	$549.4M	$1.2B	$770.4M
Payments for property, plant and equipment	($292.6M)	($147.2M)	($553.1M)	($387.2M)
Acquisitions of equipment for operating leases	($417.1M)	($170.7M)	($467.2M)	($327.5M)
Proceeds from asset disposals	$332.0M	$178.5M	$500.3M	$352.8M
Other, net	($62.6M)	($62.6M)	($3.4M)	($3.4M)
Net Cash Used in Investing Activities	($431.8M)	($75.0M)	($1.5B)	($1.0B)
Payments of cash dividends	($1.1B)	($909.4M)	($2.1B)	($1.9B)
Purchases of treasury stock	($4.8M)	($4.8M)	($35.2M)	($35.0M)
Proceeds from stock compensation transactions	47.3M	42.4M	31.1M	24.8M
Net decrease in commercial paper, short-term bank loans and other	($171.8M)	($225.4M)	($1.1B)	($1.1B)
Proceeds from term debt	$1.5B	$453.4M	$2.4B	$1.9B
Payments on term debt	($2.2B)	($907.9M)	($1.9B)	($1.3B)
Net Cash Used in Financing Activities	($2.0B)	($1.6B)	($2.7B)	($2.4B)
Effect of exchange rate changes on cash and cash equivalents	($15.6M)	($8.2M)	$172.8M	$181.3M
Net Decrease in Cash and Cash Equivalents	($733.2M)	($663.1M)	($756.9M)	($1.5B)
Cash and cash equivalents at beginning of period	$6.3B	$6.3B	$7.1B	$7.1B
Cash and cash equivalents at end of period	$5.6B	$5.6B	$6.3B	$5.5B

Paccar Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.