PACCAR Q2 2026: revenue $7.55 billion, EPS $1.43 beats consensus
PACCAR's second quarter was steady rather than spectacular: revenue of $7.55 billion barely moved, but net income of $752.0 million rose 3.9% and diluted EPS of $1.43 beat the $1.3812 consensus. Margins improved from the prior quarter as build rates climbed. The view is Neutral — the truck cycle is still below its peak, and record parts profit is doing much of the heavy lifting.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $1.43 topped the $1.3812 analyst consensus by about 3.5% and beat last year's $1.37. Net income of $752.0 million was 3.9% higher than a year ago and 24.2% above the prior quarter. Gross margin of 20.6% also improved from 20.1% last quarter and 20.2% in the same quarter a year ago.
Revenue of $7.55 billion rose just 0.5% from $7.51 billion a year earlier, but that is a big step up from $6.78 billion in the prior quarter. The mix did the work: Truck revenue of $5.25 billion was roughly flat year over year, Parts set a record at $1.75 billion and Financial Services added $549.7 million.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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