AI brief of an SEC Form 8-K · Paccar (PCAR)

PACCAR Q4 net income falls to $556.9 million from $872.0 million

Negative Impact 4 of 5 earnings Written later

PACCAR reported fourth-quarter 2025 revenues of $6.82 billion and net income of $556.9 million ($1.06 per diluted share), down from $7.91 billion and $872.0 million ($1.66 per share) a year earlier. Full-year 2025 net income was $2.38 billion ($4.51 per diluted share), including a $264.5 million after-tax charge for civil litigation in Europe, while full-year revenue was $28.44 billion versus $33.66 billion in 2024. Both revenue and profit declined, and the filing gives industry ranges for 2026 but no company earnings guidance.

Key points

  • Q4 2025 revenues were $6.82 billion versus $7.91 billion in Q4 2024; diluted EPS was $1.06 versus $1.66.
  • 2025 net income of $2.38 billion ($4.51 per diluted share) included a $264.5 million after-tax charge; adjusted net income (non-GAAP) was $2.64 billion ($5.01 per diluted share).
  • PACCAR declared $2.72 per share in dividends for 2025, including a $1.40 year-end dividend paid January 7, 2026.
  • Company estimates 2026 U.S. and Canada Class 8 retail sales of 230,000-270,000 trucks and capital spending of $725-$775 million.

The filing

CompanyPaccar (PCAR)
Form8-K, current report
Filed with the SECJan 27, 2026, 8:05 AM ET
Accession number0001193125-26-023374

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 27, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.