Filing Flows › Paccar (PCAR) › Q3 2026 › vs Q3 2025
Paccar (PCAR) Q3 2026 vs Q3 2025 (year over year)
Paccar's revenue rose $1.3B (+19%) from $6.7B in Q3 2025 to $7.9B in Q3 2026. The biggest changes: Truck Parts and Other +$1.3B (+21%); Financial Services −$6.4M (-1%). Operating margin 13.6% against 11.1% (+2.5 pts).
Paccar, Q3 2026: revenue $7.9B (+19% year over year), operating margin 13.6%, net earnings $848M, operating cash flow $848M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.6% | 11.1% | +2.5 pts |
| Net margin | 10.7% | 8.8% | +1.8 pts |
| Free cash flow margin | 9.0% | 20.4% | -11.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Truck Parts and Other | $7.4B | $6.1B | $1.3B | +21% |
| Financial Services | $559M | $565M | −$6.4M | -1% |
| Revenue | $7.9B | $6.7B | $1.3B | +19% |
| Operating profit | $1.1B | $744M | $337M | +45% |
| Costs & expenses | $6.9B | $5.9B | $927M | +16% |
| Pre-tax earnings | $1.1B | $744M | $337M | +45% |
| Cost of revenue | $6.3B | $5.3B | $966M | +18% |
| Research & development | $109M | $111M | −$2.1M | -2% |
| SG&A | $168M | $180M | −$12.4M | -7% |
| Other operating costs | $268M | $292M | −$23.8M | -8% |
| Net earnings | $848M | $590M | $258M | +44% |
| Income tax | $234M | $154M | $79.9M | +52% |
| Depreciation & amortization | $114M | $97.8M | $15.7M | +16% |
| Share-based compensation | $3.6M | $2.8M | $800K | +29% |
| Working capital & other | $117M | −$837M | $954M | — |
| Operating cash flow | $848M | $1.5B | −$680M | -45% |
| Free cash flow (OCF − capex) | $711M | $1.4B | −$651M | -48% |
| Capital expenditures | $137M | $166M | −$29.1M | -18% |
Questions
How much did Paccar's revenue grow year over year in Q3 2026?
Paccar's revenue rose $1.3B (+19%) from $6.7B in Q3 2025 to $7.9B in Q3 2026.
What drove Paccar's revenue change in Q3 2026?
Truck Parts and Other +$1.3B (+21%); Financial Services −$6.4M (-1%).