10-Q quarterly report · filed Oct 30, 2025

Paccar (PCAR) Q3 2025 10-Q Quarterly Report

Short answer

Paccar (PCAR) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $6.7B (down 19.0% year over year) with net income of $590M.

Q3 2025 key financials · XBRL

Revenue
$6.7B
−19.0% YoY · −11.2% QoQ
Net income
$590M
−39.3% YoY · −18.5% QoQ
EPS (diluted)
$1.12
−39.5% YoY · −18.2% QoQ

Source: XBRL data from the Paccar (PCAR) Q3 2025 10-Q on SEC EDGAR. USD.

Paccar Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q3 revenue $6.67B, down 19% YoY from $8.24B; truck sales $4.38B down 27%, parts $1.72B up 4%, financial services $565M up 5%
  • Net income Q3 $590M, down 39% YoY from $972M; truck segment pre-tax return on revenues 2.3% vs 10.5%, parts 23.8% vs 24.5%
  • Best performing segment parts revenue $1.72B (+4%), worst truck revenue $4.38B (-27%) with gross margin 5.8% vs 13.0% YoY
  • Cash & equivalents $6.3B decreased $757M YTD; operating cash flow improved slightly to $3.27B; capital investments reduced to $156M in Q3
  • Outlook: Truck industry sales expected lower in 2025; ongoing tariff impacts with partial mitigation; Parts sales growth forecast 2-4% in 2025; Financial Services assets to grow 5-6%

Risk Factors

  • No material changes in risk factors during three months ended September 30, 2025
  • Continued reliance on global economic conditions affecting truck demand and manufacturing supply chains
  • Ongoing exposure to currency fluctuations impacting international revenue and expense translation
  • Compliance obligations with evolving environmental regulations, notably emissions standards in key markets
  • Competitive pressure from alternative fuel technologies and autonomous vehicle development impacting market share

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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