PACCAR Q3 Revenue Rises 19%, Net Income Climbs 44% to $847.5 Million

What happened

PACCAR reported third-quarter 2026 revenue of $7.94 billion, up 19% from a year earlier, and net income of $847.5 million, up 44%. Diluted earnings were $1.61 per share, compared with $1.12 in the third quarter of 2025.

Confirmed

Global impact / market context

The results show PACCAR selling more trucks and earning more profit on each sale, since truck segment pretax profit rose sharply. Strong parts revenue and cash generated from operations give the company more money to fund operations, pay shareholders, and invest.

Analyst inference

PACCAR's forecast for U.S. and Canada Class 8 truck retail sales, which means heavy-duty truck purchases, points to steady demand in 2026 and 2027. Higher deliveries in the U.S. and Canada suggest its home market drove much of the growth.

Analyst inference

What to watch

1. PACCAR expects U.S. and Canada Class 8 truck retail sales to reach 240,000–260,000 vehicles in 2026 and 240,000–280,000 in 2027, giving investors a demand range to compare with actual industry sales. Confirmed
2. Watch whether PACCAR keeps raising truck deliveries in the U.S. and Canada, because the third quarter showed a large jump to 23,800 from 17,100 a year earlier. Proposed
3. Track truck segment pretax profit, which is profit before tax, since its rise to $454.5 million from $102.5 million drove much of the earnings gain and may not repeat at the same pace. Analyst inference

Evidence

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