Paccar (PCAR) Operating Expenses (2009 - 2026)
Paccar (PCAR) posted quarterly Operating Expenses of $6.2 billion for Q2 2026, little changed year-over-year from $6.2 billion in Q2 2025, and up 10.11% quarter-over-quarter from $5.7 billion in Q1 2026.
Paccar (PCAR) Operating Expenses (2009 - 2026) Analysis & Trends
Paccar (PCAR) has reported Operating Expenses for 18 consecutive years, with $6.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses changed 0.2% year-over-year to $6.2 billion; the TTM figure through Jun 2026 stood at $23.2 billion (down 10.04% YoY), while the FY2025 annual figure was $24.0 billion, down 10.93% from the prior year.
- Operating Expenses climbed to $6.2 billion in Q2 2026 per PCAR's latest filing, from $5.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $7.3 billion in Q1 2023 and bottomed at $5.5 billion in Q1 2022.
- Historically, Operating Expenses has averaged $6.4 billion across 5 years, with a median of $6.4 billion in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 34.37% — and 2025, when it slipped 16.25%.
- Paccar's Operating Expenses stood at $6.7 billion in 2022, then climbed by 6.17% to $7.2 billion in 2023, then declined by 10.34% to $6.4 billion in 2024, then fell by 10.48% to $5.7 billion in 2025, then advanced by 8.28% to $6.2 billion in 2026.
- Business Quant data shows PCAR's Operating Expenses at $6.2 billion in Q2 2026, $5.7 billion in Q1 2026, and $5.7 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.77 Bn | 382.06 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 166.44 Bn | 158.54 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 69.65 Bn | 60.99 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 13.18 Bn | 11.32 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Terex | 7.68 Bn | 7.28 Bn | 444.00 Mn | 209.00 Mn |
| 7 | Agco | 7.20 Bn | 6.63 Bn | 645.90 Mn | 335.70 Mn |
| 8 | Blue Bird | 2.27 Bn | 2.15 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 2.06 Bn | 1.87 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Lindsay | 1.19 Bn | 1.04 Bn | 47.83 Mn | 29.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23 Bn |
| Mar 31, 2026 | 5.65 Bn |
| Dec 31, 2025 | 5.75 Bn |
| Sep 30, 2025 | 5.58 Bn |
| Jun 30, 2025 | 6.24 Bn |
| Mar 31, 2025 | 6.48 Bn |
| Dec 31, 2024 | 6.42 Bn |
| Sep 30, 2024 | 6.66 Bn |
| Jun 30, 2024 | 7.01 Bn |
| Mar 31, 2024 | 6.90 Bn |
| Dec 31, 2023 | 7.16 Bn |
| Sep 30, 2023 | 6.86 Bn |
| Jun 30, 2023 | 7.08 Bn |
| Mar 31, 2023 | 7.33 Bn |
| Dec 31, 2022 | 6.75 Bn |
| Sep 30, 2022 | 5.87 Bn |
| Jun 30, 2022 | 6.01 Bn |
| Mar 31, 2022 | 5.48 Bn |
| Dec 31, 2021 | 5.77 Bn |
| Sep 30, 2021 | 4.37 Bn |