PACCAR reported fourth-quarter revenues of $6.82 billion, down from $7.91 billion a year earlier, driven by a decline in truck unit shipments. The company earned $556.9 million (or $1.06 per diluted share), matching the Zacks Consensus Estimate but down from $872.0 million ($1.66 per diluted share) in Q4 2024. PACCAR Parts delivered record quarterly revenues of $1.74 billion with pretax income of $415.0 million, while PACCAR Financial Services posted pretax income of $114.9 million, up 10% year-over-year. Cash from operations totaled $1.14 billion for the quarter.

For full-year 2025, PACCAR achieved consolidated revenues of $28.44 billion and net income of $2.38 billion ($4.51 per diluted share), including a $264.5 million after-tax non-recurring litigation charge. On a non-GAAP basis, adjusted net income reached $2.64 billion ($5.01 per share), the fourth highest in the company’s history. The parts division set a record with $6.87 billion in revenue and $1.67 billion in pretax income, while financial services reported $2.21 billion in revenues and $485.4 million in pretax profit. PACCAR declared $2.72 per share in dividends during 2025, including a $1.40 payment in January 2026.

PACCAR delivered 144,200 trucks worldwide and marked its 87th consecutive year of net income. North American Class 8 retail market share for Kenworth and Peterbilt reached 30%, against an industry retail volume of 233,000 units. In Europe, DAF secured registrations of 298,000 trucks, while Electric XD and XF models won International Truck of the Year 2026 honors. Capital investments totaled $728 million and R&D spend was $446 million in 2025, supporting new facilities—including a 180,000 sq ft parts center in Calgary—and next-generation battery-electric truck programs.