PACCAR Reports Q2 2026 Financial Results and Outlook
On July 28, 2026, PACCAR (PCAR) reported second-quarter financial results showing strong performance across its operations. Net sales reached $7.55 billion, with net income of $752 million—a 24% increase from the first quarter. The company delivered 38,700 trucks globally and expects to deliver approximately 42,000 units in Q3 as production rates rise despite seasonal European factory shutdowns. PACCAR Parts revenue hit a record $1.75 billion with pretax income of $417 million, while Financial Services reported pretax income of $124.1 million driven by stable finance margins and stronger used truck markets. The company also provided market guidance for 2026 Class 8 retail sales in the U.S. and Canada between 230,000 to 270,000 units. PACCAR expects continued gross margin expansion into Q4 due to higher volume and favorable pricing dynamics. However, CEO R. Preston Feight noted ongoing supplier constraints affecting deliveries and uncertainty around EPA NOx emissions regulations that could impact current engine models through nonconformance penalties.
Tickers: $PCAR