Filing Flows › Paccar (PCAR) › Q2 2026
Paccar (PCAR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Paccar (PCAR) reported revenue of $7.5B for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +11% from the quarter before. Operating margin was 13.0%, net earnings $752M (10.0% of revenue).
Paccar, Q2 2026: revenue $7.5B (+0.5% year over year), operating margin 13.0%, net earnings $752M, operating cash flow $701M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5B | +11% | +0.5% |
| Operating profit | $982M | +26% | +5% |
| Net earnings | $752M | +24% | +4% |
| Operating cash flow | $701M | -28% | -16% |
| Free cash flow | $555M | -33% | -9% |
What changed
Revenue was $7.5B in Q2 2026, roughly flat year over year and up 11% from the previous quarter. Truck Parts and Other was the largest line at 93% of revenue. Truck Parts and Other added $0.03B year over year (roughly flat), 94% of the total change.
Operating profit was $1.0B, a 13.0% margin (up 0.6 points year over year). Of the extra revenue versus Q2 2025, 137% reached operating profit, above the 12% margin then. Total costs fell 0% while revenue was flat. Net earnings were $0.75B, up 4% year over year. The effective tax rate was 23.4%.
Operating cash flow was $0.70B (down 16% year over year), 93% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.15B left free cash flow of $0.56B.
Questions
What was Paccar's revenue in the second quarter 2026?
Paccar (PCAR) reported revenue of $7.5B for the second quarter 2026 (Q2 2026), +0.5% from a year earlier and +11% from the quarter before.
Was Paccar profitable in the second quarter 2026?
Operating profit was $982M (13.0% of revenue) and net earnings $752M.
Source: Paccar 10-Q on SEC EDGAR.