PACCAR Inc Q2 Earnings: Revenue Beats Expectations, Sales Down 15% YoY

PACCAR Inc (PCAR) stock rose 3.03% to $95.73 after beating earnings and sales expectations in Q2. The company reported revenue of $7.5 bln, up from $8.8 bln YoY, but profits declined 36%. PACCAR's brands maintained a 30.4% market share in the US and Canada, and introduced electric truck models. Despite being modestly overvalued, the company has strong financials and a solid ROE of 19.56%.

PACCAR Inc (PCAR) stock rose 3.03% to $95.73 after the company beat earnings and sales expectations in the second quarter of 2025. PACCAR reported revenue of $7.5 billion, an increase of 30% year-over-year (YoY) from $8.77 billion, but net income declined by 36% to $723.8 million compared to $1.12 billion in the same period last year [1].

The company's brands, including Kenworth, Peterbilt, and DAF, maintained a 30.4% market share in the U.S. and Canada, as reported by PACCAR executive vice president Kevin Baney [1]. PACCAR also introduced next-generation electric truck models, such as the Kenworth T680E and Peterbilt 579EV, at the ACT Expo in Anaheim, California, in the second quarter [1].

Despite the profit decline, PACCAR's strong financials and solid return on equity (ROE) of 19.56% have attracted investors. The company's excellent balance sheet, complemented by its A+/A1 credit ratings, enables PACCAR Financial Services (PFS) to offer competitive retail financing and has allowed the company to invest in new facilities, innovative products, and technologies [1].

PACCAR's record PACCAR Parts revenues of $1.72 billion and pre-tax income of $416.5 million in the second quarter, as well as the excellent performance of PACCAR Financial Services, contributed to the company's overall strong quarter [1]. PACCAR's investments in new trucks, advanced manufacturing, and technology-enabled aftermarket solutions are expected to support the company's growth in the dynamic truck industry [1].

PACCAR's stock is listed on the NASDAQ Stock Market under the symbol PCAR. The company's homepage is www.paccar.com. More information about PACCAR's financial results can be found in their earnings statement available on their website [1].

References:
[1] PACCAR Achieves Good Quarterly Revenues and Profits. PACCAR. Retrieved July 22, 2025, from https://www.paccar.com/news/current-news/2025/paccar-achieves-good-quarterly-revenues-and-profits/