Paccar (PCAR) Operating Expenses (2009 - 2026)

Paccar (PCAR) reported Operating Expenses of $5.7 billion for Q1 2026, up 1289.51% year-over-year from $406.9 million in Q1 2025, and down 1.67% quarter-over-quarter from $5.7 billion in Q4 2025.

Paccar (PCAR) Operating Expenses (2009 - 2026) Analysis & Trends

Paccar (PCAR) has 18 years of Operating Expenses data on file, last reported at $5.7 billion in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $5.7 billion, up 1289.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.1 billion (up 136.11% YoY), and the FY2025 annual result was $24.0 billion, down 10.93% from the prior year.
  • Operating Expenses slipped to $5.7 billion in Q1 2026 per PCAR's latest filing, from $5.7 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $23.4 billion in Q4 2022 and troughed at -$20.0 billion in Q4 2023.
  • A 5-year average of $4.1 billion and a median of $5.7 billion in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 9064.39% in 2022, then tumbled 185.29% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $23.4 billion in 2022, then plunged by 185.29% to -$20.0 billion in 2023, then soared by 132.12% to $6.4 billion in 2024, then declined by 10.48% to $5.7 billion in 2025, then decreased by 1.67% to $5.7 billion in 2026.
  • Business Quant data shows PCAR's Operating Expenses at $5.7 billion in Q1 2026, $5.7 billion in Q4 2025, and $439.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 14.33 Bn
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 11.08 Bn
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn 5.65 Bn
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 229.90 Mn
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn 241.00 Mn
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 31.53 Mn
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 57.77 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 29.34 Mn
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 90.20 Mn
10 Hyster-Yale 619.64 Mn 623.94 Mn 124.80 Mn 152.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.65 Bn
Dec 31, 2025 5.75 Bn
Sep 30, 2025 439.10 Mn
Jun 30, 2025 6.24 Bn
Mar 31, 2025 406.90 Mn
Dec 31, 2024 6.42 Bn
Sep 30, 2024 429.60 Mn
Jun 30, 2024 398.60 Mn
Mar 31, 2024 6.90 Bn
Dec 31, 2023 -20.00 Bn
Sep 30, 2023 6.86 Bn
Jun 30, 2023 7.08 Bn
Mar 31, 2023 7.33 Bn
Dec 31, 2022 23.44 Bn
Sep 30, 2022 5.87 Bn
Jun 30, 2022 228.10 Mn
Mar 31, 2022 5.48 Bn
Dec 31, 2021 255.80 Mn
Sep 30, 2021 4.37 Bn
Jun 30, 2021 4.86 Bn