Financial Services — Financing Receivable Allowance For Credit Losses
Paccar Financial Services — Financing Receivable Allowance For Credit Losses increased by 1.8% to $196.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 35.8%, from $144.60M to $196.30M. Over 4 years (FY 2021 to FY 2025), Financial Services — Financing Receivable Allowance For Credit Losses shows an upward trend with a 8.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase suggests management anticipates higher credit risk or a weakening economic environment for customers.
Detailed definition
This metric represents the reserve set aside by the financial services segment to cover potential defaults or non-paymen...
Peer comparison
Equivalent to Allowance for Loan and Lease Losses (ALLL) reported by banks and captive finance companies.
pcar_segment_financial_services_financing_receivable_allowance_for_credit_lossesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $125.30M | $121.70M | $116.90M | $118.30M | $119.60M | $117.90M | $121.10M | $123.80M | $126.20M | $124.80M | $133.00M | $139.30M | $137.20M | $146.20M | $145.20M | $144.60M | $154.20M | $177.90M | $192.90M | $196.30M |
| QoQ Change | — | -2.9% | -3.9% | +1.2% | +1.1% | -1.4% | +2.7% | +2.2% | +1.9% | -1.1% | +6.6% | +4.7% | -1.5% | +6.6% | -0.7% | -0.4% | +6.6% | +15.4% | +8.4% | +1.8% |
| YoY Change | — | — | — | — | -4.5% | -3.1% | +3.6% | +4.6% | +5.5% | +5.9% | +9.8% | +12.5% | +8.7% | +17.1% | +9.2% | +3.8% | +12.4% | +21.7% | +32.9% | +35.8% |
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Frequently Asked Questions
- What is Paccar's financial services — financing receivable allowance for credit losses?
- Paccar (PCAR) reported financial services — financing receivable allowance for credit losses of $196.30M in Q1 2026.
- How has Paccar's financial services — financing receivable allowance for credit losses changed year-over-year?
- Paccar's financial services — financing receivable allowance for credit losses increased by 35.8% year-over-year, from $144.60M to $196.30M.
- What is the long-term trend for Paccar's financial services — financing receivable allowance for credit losses?
- Over 4 years (2021 to 2025), Paccar's financial services — financing receivable allowance for credit losses has grown at a 8.1% compound annual growth rate (CAGR), from $490.70M to $669.60M.
- What does financial services — financing receivable allowance for credit losses mean?
- The total reserve set aside to cover expected losses from customer loan defaults.