PACCAR Financial Statements
NASDAQ: PCARIndustrialsAuto ManufacturingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
PACCAR revenue and earnings
In fiscal 2025, PACCAR generated $28.44 billion in revenue, down 15.5% from fiscal 2024, its first annual decline since 2024. Net income was $2.38 billion (-42.9% year over year), for a net margin of 8.4% versus a median of 10.4% in the prior 5 years. Gross margin was 20.1% (down from 22.6%).
Diluted earnings per share came in at $4.51, down from $7.90. Over the last 5 fiscal years, PCAR's revenue has grown at a 8.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
PACCAR income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28.44B | 33.66B | 35.13B | 28.82B | 23.52B | 18.73B | 25.60B | 23.50B | 19.46B | 17.03B |
| Revenue growth (YoY) | -15.50% | -4.17% | +21.89% | +22.52% | +25.60% | -26.84% | +8.95% | +20.76% | +14.23% | -10.89% |
| Cost of Revenue | 22.74B | 26.07B | 26.89B | 23.29B | — | — | — | — | — | — |
| Gross Profit | 5.71B | 7.59B | 8.23B | 5.53B | — | — | — | — | — | — |
| Research & Development | 445.50M | 452.90M | 410.90M | 341.20M | — | — | — | — | — | — |
| Selling, General & Admin | 735.80M | 744.00M | 753.30M | 726.30M | — | — | — | — | — | — |
| Other Income (Expense) | -284.30M | 113.80M | -520.40M | — | — | — | — | — | — | — |
| Pretax Income | 3.02B | 5.40B | 5.72B | 3.85B | 2.40B | 1.66B | 3.10B | 2.81B | 2.17B | 1.13B |
| Income Tax | 647.70M | 1.24B | 1.12B | 837.10M | 530.80M | 360.40M | 711.30M | 615.10M | 498.10M | 608.70M |
| Net Income | 2.38B | 4.16B | 4.60B | 3.01B | 1.87B | 1.30B | 2.39B | 2.20B | 1.68B | 521.70M |
| Net Income growth (YoY) | -42.92% | -9.54% | +52.77% | +61.44% | +43.37% | -45.51% | +8.78% | +31.04% | +221.10% | -67.48% |
| EPS (Basic) | 4.52 | 7.92 | 8.78 | 5.76 | 3.58 | 2.50 | 6.88 | 6.25 | 4.76 | 1.49 |
| EPS (Diluted) | 4.51 | 7.90 | 8.76 | 5.75 | 3.57 | 2.50 | 6.87 | 6.24 | 4.75 | 1.48 |
| Shares Outstanding (Basic) | 525.90M | 525.30M | 523.90M | 522.60M | 521.70M | 520.20M | 346.90M | 351.00M | 351.90M | 351.10 |
| Shares Outstanding (Diluted) | 526.80M | 526.60M | 525.00M | 523.40M | 522.70M | 521.20M | 347.50M | 351.80M | 352.90M | 351.80 |
| Gross Margin | 20.07% | 22.56% | 23.44% | 19.18% | — | — | — | — | — | — |
| Net Margin | 8.35% | 12.36% | 13.10% | 10.45% | 7.93% | 6.95% | 9.33% | 9.34% | 8.61% | 3.06% |
This table shows 10 annual periods of PACCAR's income statement, from FY 2025 back to FY 2016, across 16 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PCAR's reporting calendar. What is a income statement?