PACCAR: truck-cycle quality has to outrun the freight downturn

PACCAR reported FY2025 revenue of $28.4 billion and 2026 Q1 revenue of $6.8 billion. The thesis turns on truck-cycle demand, parts and financing resilience, operating leverage and cash conversion.

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PACCAR reported FY2025 revenue of $28.4 billion and 2026 Q1 revenue of $6.8 billion. The thesis turns on truck-cycle demand, parts and financing resilience, operating leverage and cash conversion.

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SEC datasetSEC company tickers exchange datasetRetrieved 2026-05-20 · Issuer identity, ticker, exchange and CIK SEC APISEC submissions APIRetrieved 2026-05-20 · Filing chronology and company identity SEC APISEC companyfacts APIRetrieved 2026-05-20 · Financial statement cross-checks SEC filingForm 10-K2026-02-18 · Annual business, risk and financial baseline SEC filingForm 10-Q2026-04-29 · Latest interim financial and risk baseline SEC filingDEF 14A2026-03-18 · Governance, board and incentive context SEC filingForm 8-K2026-05-01 · Recent filing chronology and current disclosure context