PACCAR Inc stock slips 1.85% as Q3 outlook stays in focus
Published on 10/29/2026 at 17:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQuarterly strength meets market uncertainty
- PACCAR reported higher third-quarter revenue and net income, supported by truck margins and record parts revenue.
- Management expects fourth-quarter deliveries to rise as suppliers improve production capacity.
- The company is investing in connected vehicle services, alternative powertrains and manufacturing capabilities.
PACCAR Inc stock slipped 1.85% from the latest relevant market update, while investors continued to assess the company's third-quarter performance and forward delivery outlook. The move compares the Lang & Schwarz quote of EUR 93.44 at 12:12 CET on October 29, 2026, with EUR 91.71 at 17:12:35 Berlin time. PACCAR released its third-quarter results on October 27, 2026.
The company's official results release reported consolidated revenue of USD 7.94 billion, up from USD 6.67 billion in the third quarter of 2025. Net income rose to USD 847.5 million from USD 590.0 million, while diluted earnings per share increased to USD 1.61 from USD 1.12.
Margins and parts support results
Truck, Parts and Other revenue reached USD 7.38 billion. Truck pretax profit increased to USD 454.5 million from USD 102.5 million a year earlier, and the combined gross margin for the segment was 14.5%. PACCAR Parts delivered record quarterly revenue of USD 1.78 billion, although its pretax profit declined to USD 404.4 million from USD 410.0 million.
Global truck deliveries increased to 40,100 units from 31,900. Management said supplier constraints affected third-quarter production, but expects delivery volume to improve as suppliers increase output. Fourth-quarter deliveries are projected at 41,000 to 43,000 trucks, with Truck, Parts and Other gross margin expected in a range of 14% to 15%.
Outlook keeps execution in focus
PACCAR expects 2027 United States and Canada Class 8 industry sales of 240,000 to 280,000 vehicles. It also plans capital expenditure of USD 650 million to USD 700 million and research and development spending of USD 460 million to USD 500 million in 2027.
The company said PACCAR Connect, a platform combining vehicle data, telematics and customer applications, will be available in Kenworth and Peterbilt Class 8 trucks from early 2027. For investors, the next checkpoints are supplier execution, truck pricing and the conversion of connected-vehicle investment into recurring revenue.
PACCAR Inc shares trade primarily on Nasdaq under ticker PCAR. The real-time quote of PACCAR Inc stock is shown separately from the company's operating results.
PACCAR Inc market facts
- Company: PACCAR Inc
- ISIN: US6937181088
- Ticker: PCAR
- Primary exchange: Nasdaq
- Lang & Schwarz quote: EUR 91.71 on October 29, 2026 at 17:12:35 Berlin time
- Change since latest relevant own report: minus 1.85% from EUR 93.44 at 12:12 CET on October 29, 2026
- Xetra close: EUR 93.18 on October 28, 2026
- Sector and industry: Industrials and Industrial Machinery
The broader market backdrop is available in the current market reports.
