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Dec 31, 2025
Paccar Q4 2025 Earnings Report
Paccar reported lower quarterly revenue and net income in Q4 2025 compared to the same period last year.
Key Takeaways
Paccar's Q4 2025 revenue and earnings declined year-over-year, though its Parts and Financial Services divisions posted strong quarterly results.
Q4 revenue was $6.82 billion, down from $7.91 billion in Q4 2024
Net income for the quarter was $556.9 million, a decrease from $872.0 million a year ago
PACCAR Parts achieved record Q4 revenue of $1.74 billion
Financial Services delivered strong pretax income of $114.9 million
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
PACCAR expects truck markets to strengthen in 2026 due to regulatory clarity and improving freight trends.
Positive Outlook
- Industry truck orders increased in December
- Clarity around emissions regulations supports buying decisions
- DAF trucks recognized for fuel efficiency and comfort
- Improved visibility for European and South American markets
- Strong market position in North America and Europe
Challenges Ahead
- Truck deliveries declined compared to Q4 2024
- Total revenue dropped year-over-year
- Truck segment pretax profit decreased sharply
- Uncertainty remains in South American truck demand
- Litigation-related costs impacted annual performance
Historical Earnings Impact
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Avg. Return Before/After Earnings
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