Screener / SEC EDGAR /CIK 0000075362 /10-K filed Feb 18, 2026, compared with Feb 19, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
Nasdaq Industrials · Automakers

Paccar PCAR

PACCAR Inc (the Company or PACCAR), incorporated under the laws of Delaware in 1971, is the successor to Pacific Car and Foundry Company which was incorporated in Washington in 1924. 10-K, Item 1

Employees
25,900
Headquarters
Bellevue, WA
CEO
R. Preston Feight
Next results
around Jan 26, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $28.4B through the costs to a net profit of $2.4B · income statement of the 10-K

8% net margin
Revenue to Gross profit: $5.7BRevenue to Cost of revenue: $22.7BGross profit to Net profit: $2.4BGross profit to Costs, tax, other: $3.3B Revenue: $28.4B REVENUE $28.4B −16% Y/Y Gross profit: $5.7B · 20% margin GROSS PROFIT $5.7B 20% margin Cost of revenue: $22.7B · 80% of revenue COST OF REVENUE $22.7B 80% of revenue Net profit: $2.4B · 8% margin NET PROFIT $2.4B 8% margin · −43% Y/Y Costs, tax, other: $3.3B · 12% of revenue COSTS, TAX, OTHER $3.3B 12% of revenue
Gross profit $5.7B 20% margin
Net profit $2.4B 8% margin · −43% Y/Y
The full income statement, year by year

PCAR among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: -15.5%, above 0% of 81 peers (their median 4.9%) REVENUE GROWTH -15.5% · above 0% Gross margin: 20.1%, above 8% of 51 peers (their median 38.6%) GROSS MARGIN 20.1% · above 8% Net margin: 9.5%, above 35% of 81 peers (their median 13.0%) NET MARGIN 9.5% · above 35% FCF margin: 10.5%, above 33% of 78 peers (their median 13.3%) FCF MARGIN 10.5% · above 33%
PCAR Peer median Below the median

What changed

2 new risk paragraphs. 10-K filed Feb 18, 2026 against Feb 19, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

9 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 9 checks found nothing to note

  • Cash from operations $4.4B vs net income $2.4B (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
6 more checks with nothing to note
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Product Warranty
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

2 paragraphs in Risk Factors that were not in the 10-K filed Feb 19, 2025. Quoted as filed.

All 2 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 19, 2025 10-K, ITEM 1A
    The Company is deploying AI tools to reduce operational costs and enhance performance for the Company and its customers, including the use of AI in its predictive analytics technology to forecast and implement vehicle service parameters to improve vehicle uptime. The Company's business, financial condition and result of operations may…

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$28.8B$35.1B$33.7B$28.4B
Net income$3.0B$4.6B$4.2B$2.4B
Operating cash flow$3.0B$4.2B$4.6B$4.4B
Free cash flow$2.5B$3.5B$3.8B$3.7B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$28.4B ▼ 15.5% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

Paccar, Bellevue, WA · from the 10-K filed Feb 18, 2026

PACCAR Inc (the Company or PACCAR), incorporated under the laws of Delaware in 1971, is the successor to Pacific Car and Foundry Company which was incorporated in Washington in 1924. The Company traces its predecessors to Seattle Car Manufacturing Company formed in 1905. PACCAR is a multinational company operating in three principal industry segments: The Truck segment includes the design, manufacture and distribution of high-quality, light-, medium- and heavy-duty commercial trucks. Heavy-duty trucks have a gross vehicle weight (GVW) of over 33,000 lbs (Class 8) in North America and over 16 metric tonnes in Europe and South America.

Headquarters
Bellevue, WA
Country
United States
Reports in
USD
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Oct 27, 2026
Incorporated in
DE

Employees, at the top of the page: "On December 31, 2025, the Company had approximately 25,900 employees" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 18, 2026 (open at SEC), compared with the 10-K filed Feb 19, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PCAR/export.csv") into a cell.