Paccar Reports Q3 Net Sales and Revenues of $6.67 Billion and Net Income of $590 Million
Paccar Inc. reported parts sales of $5.1 billion for the nine months ended September 30, 2025, up from $5.0 billion in the same period in 2024. Financial Services revenues reached $1.6 billion, compared to $1.6 billion in 2024, primarily reflecting higher interest income from retail portfolio growth and increased portfolio yields. Net income for the period was $1.8 billion ($3.45 per diluted share), compared to $3.3 billion ($6.25 per diluted share) in 2024. Adjusted net income, excluding a $264.5 million after-tax charge related to civil litigation in Europe, was $2.1 billion ($3.95 per diluted share). Capital investments totaled $549.0 million, compared to $567.7 million in 2024. Research and development expenses were $339.3 million, compared to $337.6 million in 2024. The company sold its industrial winch business as of October 31, 2024, and is finalizing construction of a new $92 million, 46,000 square-foot facility. Paccar continues to invest in clean diesel and alternative powertrains, connected vehicle services, manufacturing capabilities, and driver assistance systems, and has committed $600 to $900 million to its battery joint venture, Amplify Cell Technologies.
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