PACCAR Q3 FY2026: revenue up 19.0%, net income up 43.6%
PACCAR's third quarter was a clean beat on the business, even if headline EPS landed a hair under consensus: revenue rose 19.0% to $7.94 billion and net income jumped 43.6% to $847.5 million. The read-through is truck margins, not volume alone, plus record Parts revenue. Below: the scorecard, the cash-conversion question and the only forward numbers management actually gives.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $1.61 compares with $1.12 a year ago, but sits 0.9% under the $1.6253 consensus — a difference of about a penny and a half. Net income of $847.5 million against $590.0 million shows the gap is not about cost control slipping; truck pretax profit was $454.5 million versus $102.5 million. One caution: the year-ago quarter carried no unusual charge, unlike the first nine months of 2025, so the comparison here is clean.
Revenue of $7.94 billion rose 19.0% from $6.67 billion a year earlier, and the growth came from trucks: segment revenue was $5.60 billion versus $4.38 billion. Deliveries tell the same story, at 40,100 units versus 31,900, with U.S. and Canada alone going from 17,100 to 23,800 trucks. Gross margin of 20.5% was up from 19.9% a year ago but a touch below the 20.6% booked in Q2 2026.
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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 2026-11-03
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