Q2 25 EPS
$1.37
MISS 0.26%
Est. $1.37
Q2 25 Revenue
$7.51B
BEAT +6.76%
Est. $7.03B
vs S&P Since Q2 25
+12.5%
BEATING MARKET
PCAR +26.2% vs S&P +13.6%
Market Reaction
Did PCAR Beat Earnings? Q2 2025 Results
PACCAR delivered a mixed second quarter, narrowly missing earnings expectations while topping revenue forecasts against a backdrop of softening freight demand. The heavy-truck maker earned $1.37 per diluted share on revenue of $7.51 billion, with EPS… Read more PACCAR delivered a mixed second quarter, narrowly missing earnings expectations while topping revenue forecasts against a backdrop of softening freight demand. The heavy-truck maker earned $1.37 per diluted share on revenue of $7.51 billion, with EPS falling just 0.26% short of the $1.37 consensus while revenue came in 6.76% ahead of the $7.03 billion estimate, though both figures trailed year-ago results sharply, with revenue declining 14.4% from $8.77 billion in Q2 2024. The primary culprit was a weakened Truck segment, where revenues slid to $5.24 billion from $6.58 billion and pretax profit collapsed to $308.80 million from $837.30 million, as global deliveries fell to 39,300 units from 48,400 a year prior, pressured by economic uncertainty, tariff headwinds, and a sluggish truckload market. PACCAR Parts provided an offset, posting quarterly revenues of $1.72 billion. Looking ahead, PACCAR projects full-year capital expenditures of $750 to $800 million and guides for U.S. And Canada Class 8 industry sales of 230,000 to 260,000 units, even as layoffs at certain manufacturing facilities underscore the cautious near-term demand environment.
Key Takeaways
- • PACCAR Parts achieved record quarterly revenues of $1.72 billion
- • PACCAR Financial Services benefited from improving used truck market
- • Kenworth and Peterbilt achieved 30.4% U.S. and Canada Class 8 market share in H1 2025
- • Growing number of PACCAR trucks with PACCAR powertrains in operation supporting aftermarket business
PCAR YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
PCAR Revenue by Segment
With YoY comparisons, source: SEC Filings
PCAR Revenue by Geography
With YoY comparisons, source: SEC Filings
“PACCAR achieved good revenues and net income in the second quarter of 2025. Peterbilt, Kenworth and DAF delivered good results, PACCAR Parts delivered record quarterly revenue and strong profits, and PACCAR Financial Services achieved very good results. I am very proud of our employees and dealers who delivered outstanding trucks and transportation solutions to our customers.”
— Preston Feight, Q2 2025 Earnings Press Release
PCAR Earnings Trends
PCAR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PCAR EPS Trend
Earnings per share: estimate vs actual
PCAR Revenue Trend
Quarterly revenue: estimate vs actual
PCAR Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.15 | — | $6.78B | +6.03% |
| Q4 25 BEAT FY | $1.06 | $1.06 | +0.00% | $6.82B | +51.41% |
| FY Full Year | $4.49 | $4.51 | +0.52% | $28.44B | +8.86% |
| Q3 25 MISS | $1.15 | $1.12 | -2.46% | $6.67B | +11.05% |
| Q2 25 MISS | $1.37 | $1.37 | -0.26% | $7.51B | +6.76% |
| Q1 25 MISS | $1.59 | $1.46 | -8.43% | $7.44B | +4.93% |