Tuesday, October 21, 2025

Paccar posts US$590m revenue in third quarter 2025

Truck producer reported quarterly income of US$6.67bn in contrast with US$8.24bn in identical interval of 2024 with 31,900 deliveries

Paccar reported third-quarter 2025 internet revenue of US$590m (US$1.12 per diluted share) in contrast with US$972.1m (US$1.85 per diluted share) in the identical interval of 2024. Third-quarter revenues reached US$6.67bn, down from US$8.24bn reported within the third quarter final yr, with international truck deliveries of 31,900 models in contrast with 44,900 models within the prior-year interval.

For the primary 9 months of 2025, Paccar achieved internet revenue of US$1.82bn (US$3.45 per diluted share), together with a US$264.5m after-tax non-recurring cost associated to civil litigation in Europe. Adjusted internet revenue for the nine-month interval reached US$2.08bn (US$3.95 per diluted share), with internet gross sales and monetary providers revenues totalling US$21.62bn. The corporate delivered 111,300 vans globally within the nine-month interval, down from 141,400 models in the identical interval of 2024.
“Paccar delivered good revenues and internet revenue within the third quarter of 2025. Peterbilt, Kenworth and DAF’s glorious vans contributed to the great outcomes,” Preston Feight, Chief Government, mentioned in a press release. “Paccar Elements and Paccar Monetary Providers continued to ship glorious efficiency and robust income. I’m very happy with our staff and sellers who delivered excellent vans and transportation options to our prospects.”

Paccar Elements achieved document third-quarter revenues of US$1.72bn in contrast with US$1.66bn within the third quarter of 2024, with pretax revenue of US$410m versus US$406.7m within the prior-year interval. 9-month revenues reached US$5.14bn in contrast with US$5bn in the identical interval final yr, with pretax revenue of US$1.25bn versus US$1.28bn. Paccar Monetary Providers (PFS) earned third-quarter pretax revenue of US$126.2m in contrast with US$106.5m within the third quarter of 2024, with revenues of US$565.3m versus US$536.1m. 9-month PFS pretax revenue reached US$370.5m in contrast with US$331.6m final yr.

Paccar initiatives US and Canada Class 8 truck trade retail gross sales for 2025 in a variety of 230,000 to 245,000 autos, with 2026 gross sales anticipated to extend to between 230,000 and 270,000 autos. Kenworth and Peterbilt achieved a 30.3% market share in 2025. European truck trade registrations within the above-16-tonne phase are estimated between 275,000 and 295,000 vans for 2025, with a variety of 270,000 to 300,000 vans projected for 2026. The South American above-16-tonne truck market is forecast between 95,000 and 105,000 models for each 2025 and 2026.

Feight added: “The brand new Part 232 truck tariffs which are scheduled to start in November ought to carry readability to the market within the coming months. Paccar is proud to supply over 90% of its US bought vans in Texas, Ohio and Washington.”

The corporate invested US$156m in capital initiatives and US$111m in analysis and growth bills within the third quarter. Capital expenditures are projected between US$750m and US$775m for 2025, with analysis and growth bills estimated between US$450m and US$465m. For 2026, Paccar estimates capital undertaking investments of US$725m to US$775m and analysis and growth bills of US$450m to US$500m. Money generated from operations reached US$1.53bn within the third quarter and US$3.27bn for the nine-month interval.

Kenworth launched the T880S vocational truck for heavy-haul, logging and excessive horsepower functions, that includes a set-forward entrance axle configuration with a powertrain delivering as much as 605 horsepower and a pair of,050 pound-feet of torque. Paccar’s battery three way partnership, Amplify Cell Applied sciences, is establishing a 2.6 million sq. foot battery manufacturing unit in Byhalia, Mississippi, focusing on begin of battery cell manufacturing in 2028 to be used in Kenworth, Peterbilt and DAF hybrid and battery electrical vans.

SOURCE: Paccar

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