Filing Flows › Paccar (PCAR) › Q2 2026 › vs Q2 2025
Paccar (PCAR) Q2 2026 vs Q2 2025 (year over year)
Paccar's revenue rose $36.2M (+0.5%) from $7.5B in Q2 2025 to $7.5B in Q2 2026. The biggest changes: Truck Parts and Other +$34.2M (+0.5%); Financial Services +$2.0M (+0.4%). Operating margin 13.0% against 12.4% (+0.6 pts).
Paccar, Q2 2026: revenue $7.5B (+0.5% year over year), operating margin 13.0%, net earnings $752M, operating cash flow $701M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.0% | 12.4% | +0.6 pts |
| Net margin | 10.0% | 9.6% | +0.3 pts |
| Free cash flow margin | 7.4% | 8.1% | -0.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Truck Parts and Other | $7.0B | $7.0B | $34.2M | +0.5% |
| Financial Services | $550M | $548M | $2.0M | +0.4% |
| Revenue | $7.5B | $7.5B | $36.2M | +0.5% |
| Operating profit | $982M | $932M | $49.6M | +5% |
| Costs & expenses | $6.6B | $6.6B | −$13.4M | -0.2% |
| Pre-tax earnings | $982M | $932M | $49.6M | +5% |
| Cost of revenue | $6.0B | $6.0B | −$6.4M | -0.1% |
| Research & development | $114M | $113M | $1.4M | +1% |
| SG&A | $180M | $179M | $400K | +0.2% |
| Other operating costs | $282M | $291M | −$8.8M | -3% |
| Net earnings | $752M | $724M | $28.2M | +4% |
| Income tax | $230M | $208M | $21.4M | +10% |
| Depreciation & amortization | $110M | $99.8M | $10.3M | +10% |
| Share-based compensation | $4.0M | $3.9M | $100K | +3% |
| Working capital & other | $165M | −$5.9M | $171M | — |
| Operating cash flow | $701M | $833M | −$133M | -16% |
| Free cash flow (OCF − capex) | $555M | $611M | −$55.9M | -9% |
| Capital expenditures | $145M | $222M | −$76.7M | -35% |
Questions
How much did Paccar's revenue grow year over year in Q2 2026?
Paccar's revenue rose $36.2M (+0.5%) from $7.5B in Q2 2025 to $7.5B in Q2 2026.
What drove Paccar's revenue change in Q2 2026?
Truck Parts and Other +$34.2M (+0.5%); Financial Services +$2.0M (+0.4%).