Products & Services · Research And Development Expense

Truck Parts And Other — Research And Development Expense

Paccar Truck Parts And Other — Research And Development Expense increased by 2.7% to $109.10M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $115.40M to $109.10M. Over 4 years (FY 2021 to FY 2025), Truck Parts And Other — Research And Development Expense shows an upward trend with a 8.3% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
Rolls up toR&D

How to read this metric

Higher spending indicates a focus on long-term growth and innovation, though it may temporarily reduce current period profitability.

Detailed definition

This represents the expenditures incurred by the Truck, Parts, and Other segment for the development of new products, te...

Peer comparison

Comparable to R&D spending in other automotive and industrial manufacturing firms focused on product innovation.

Metric ID: pcar_segment_truck_parts_and_other_research_and_development_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$84.40M$72.50M$87.10M$78.00M$80.40M$82.90M$99.90M$97.20M$101.30M$103.50M$108.90M$105.50M$117.10M$115.00M$115.30M$115.40M$112.90M$111.00M$106.20M$109.10M
QoQ Change-14.1%+20.1%-10.4%+3.1%+3.1%+20.5%-2.7%+4.2%+2.2%+5.2%-3.1%+11.0%-1.8%+0.3%+0.1%-2.2%-1.7%-4.3%+2.7%
YoY Change-4.7%+14.3%+14.7%+24.6%+26.0%+24.8%+9.0%+8.5%+15.6%+11.1%+5.9%+9.4%-3.6%-3.5%-7.9%-5.5%
Range$72.50M$117.10M
CAGR+5.6%
Avg YoY Growth+8.7%
Median YoY Growth+9.2%

Frequently Asked Questions

What is Paccar's truck parts and other — research and development expense?
Paccar (PCAR) reported truck parts and other — research and development expense of $109.10M 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 $115.40M to $109.10M.
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 $324.10M to $445.50M.
What does truck parts and other — research and development expense mean?
The total spending on research and development for new products and technologies within the segment.