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Paccar PCAR Truck Parts And Other — Research And Development Expense

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Other financials

Income statement

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Revenue$6.8B-8.9%
Gross profit$1.4B-12.3%
Net income$605.3M+19.8%
EPS (diluted)$1.15+19.8%

Balance sheet

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Total debt$63.8M-12.7%
Total equity$19.8B+9.6%
Total assets$43.6B+1.9%

Cash flow

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Operating cash flow$971.8M+6.8%
CapEx$147.2M-10.8%
Free cash flow$824.6M+10.7%

Valuation

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Market cap$64.04B+34.1%
P/E25.9×+12.1×
P/S2.3×+0.8×

Profitability

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Gross margin19.9%-2.0pp
Net margin8.9%-1.8pp
FCF margin13.5%+3.4pp

Returns & leverage

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Return on equity13.1%-6.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Paccar in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Paccar’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Paccar's truck parts and other — research and development expense?
Paccar (PCAR) reported truck parts and other — research and development expense of $109.1M in Q1 2026.
How has Paccar's truck parts and other — research and development expense changed year-over-year?
Paccar's truck parts and other — research and development expense decreased by 5.5% year-over-year, from $115.4M to $109.1M.
What is the long-term trend for Paccar's truck parts and other — research and development expense?
Over 4 years (2021 to 2025), Paccar's truck parts and other — research and development expense has grown at a 8.3% compound annual growth rate (CAGR), from $324.1M to $445.5M.
What does truck parts and other — research and development expense mean?
This represents the expenditures incurred by the Truck, Parts, and Other segment for the development of new products, technologies, and improvements to existing truck models. It is a vital indicator of the company's commitment to innovation, regulatory compliance, and long-term competitiveness. High investment levels are typically required to maintain market leadership in the heavy-duty truck industry.