PACCAR reported second-quarter 2026 net income of $752.0 million, up 3.9% from $723.8 million a year earlier, while diluted earnings per share increased to $1.43 from $1.37. Revenue edged up to $7.55 billion from $7.51 billion.
For the first half, net income rose to $1.36 billion from $1.23 billion, an increase of 10.6%. Diluted EPS increased to $2.57 from $2.33. First-half revenue declined to $14.32 billion from $14.95 billion, a drop of 4.2%.
Truck deliveries in the second quarter totaled 38,700 units. PACCAR Parts posted record quarterly revenue of $1.75 billion, up from $1.72 billion a year ago, while pre-tax income was $417.0 million, nearly flat with $416.5 million. For the first half, Parts revenue rose to $3.46 billion from $3.41 billion, but pre-tax income slipped to $819.3 million from $843.0 million.
PACCAR Financial Services reported second-quarter pre-tax income of $124.1 million, up from $123.2 million, and revenue of $549.7 million versus $547.7 million. In the first half, pre-tax income declined to $239.6 million from $244.3 million, while revenue increased to $1.09 billion from $1.08 billion.
The company generated $700.8 million in cash from operations in the second quarter and $1.67 billion in the first half. Capital investments were $138.7 million in the quarter and $274.2 million year to date, while R&D spending was $114.3 million and $223.4 million, respectively. As a result of these announcements, the company's shares have moved 0.75% on the market, and are now trading at a price of $134.44. If you want to know more, read the company's complete 8-K report here.
