PACCAR posts record Q3 revenue and earnings, parts division hits all‑time high
PACCAR reported third‑quarter 2026 consolidated revenue of $7.94 billion and net income of $847.5 million, delivering GAAP earnings of $1.61 per share. The PACCAR Parts segment generated a record $1.78 billion in revenue. Management highlighted higher truck margins, strong parts sales and the upcoming launch of PACCAR Connect, while forecasting Class 8 truck sales of 240,000‑260,000 units in 2026 and 240,000‑280,000 in 2027.
Why it matters
The earnings beat analysts’ GAAP EPS consensus, which may support the stock’s short‑term upside (the company’s EPS beat is noted). Revenue fell short of Wall Street’s $8.21 billion estimate, a miss that could temper enthusiasm (see).
Key facts
- 1Consolidated revenue was $7.94 billion. stocktitan.net
- 2GAAP earnings per share were $1.61. seekingalpha.com
- 3Net income for the quarter was $847.5 million. stocktitan.net
- 4PACCAR Parts recorded $1.78 billion in revenue. stocktitan.net
- 5Operating margin was 18.9%. finance.yahoo.com
- 6Capital expenditures for 2026 are projected at $650 million‑$700 million. tradingview.com
Open questions
- give opposite views on revenue performance relative to estimates; one says revenue beat expectations, another says it missed.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.