PCAR Paccar

FY2025 10-K
Filed: Feb 18, 2026
Industrials
Motor Vehicles & Passenger Car BodiesSEC EDGAR

Paccar (PCAR) filed its fiscal year 2025 10-K annual report with the SEC on Feb 18, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: Design, manufacture, and distribution of heavy-duty trucks and related parts
  • No new products, services, or segments introduced or emphasized in this year's filing
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Management Discussion & Analysis

  • Revenue $28.44B in 2025, down 16% YoY from $33.66B; Truck down 22% to $19.37B, Parts up 3% to $6.87B, Financial Services up 5% to $2.21B
  • Operating margin Truck 7.5% vs 13.9% in 2024; Parts margin 29.9% vs 30.9%; Financial Services pre-tax return on revenues 2.1% vs 2.0%
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Risk Factors

  • Regulatory risk from EPA’s Low NOx Rule and California’s Advanced Clean Truck (ACT) regulation under litigation with uncertain outcome
  • Geopolitical exposure to fuel shortages, natural calamities, and labor strikes in North America and Europe markets
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Financial Summary
XBRL

Revenue

$28.4B

Net Income

$2.4B

Net Margin

8.4%

ROE

12.3%

Total Assets

$44.3B

EPS (Diluted)

$4.51

Operating Cash Flow

$4.4B

Source: XBRL data from Paccar FY2025 10-K filing on SEC EDGAR. All figures in USD.

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