← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
PACCAR's revenue fell 15.5% to $28.44B as truck deliveries dropped 22%, but parts sales hit a record and free cash flow held at $3.67B
The read at a glance✓ Audited against SEC data
- Growth — Revenue down 15.5% to $28.44B; deliveries 144,200 trucks, down 22%Watch
- Profitability — Net income down 42.9% to $2.38B; includes $264.5 million litigation chargeWatch
- Balance sheet — Total equity up 10.0% to $19.26BOK
- Accounting quality — Distress and manipulation scores not available; Europe truck cartel claims still openNote
- Capital allocation — Dividends $2.27B; buybacks $0.04BOK
- Cash flow — Free cash flow down 3.4% to $3.67B; margin up 162 bps to 12.91%OK
Business
PACCAR designs and builds light, medium and heavy-duty trucks sold as Kenworth and Peterbilt in the U.S. and Canada and as DAF in Europe, distributes aftermarket parts, and finances and leases its trucks through PACCAR Financial Services. It held 29.9% of the U.S. and Canadian Class 8 retail market in 2025, and earned net income for the 87th consecutive year.
Where the revenue comes from
Fiscal 2025, as PACCAR INC reports it. History and quarterly detail are in the app.
- Truck Parts and Other (product line)$26.7B
- Truck Sales$18.3B
- Parts$6.7B
- Financial Services$2.2B
- Warranties Service Contracts Operating Leases and Other$1.1B
Leadership changes
From PACCAR INC's own filings, the day they're filed.
- C. Michael Dozier · President · departureeff. 2026-04-01
- Darrin C. Siver · President · departureeff. 2026-01-05
- Kevin D. Baney · President · appointmenteff. 2026-01-01
Latest filings
- 10-Q · Quarterly report2026-07-29
- 8-K · Company announcement2026-07-28
- 8-K · Company announcement2026-05-01
- 10-Q · Quarterly report2026-04-29
- 8-K · Company announcement2026-04-28
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about PACCAR INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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