Paccar (PCAR) Research & Development (2009 - 2026)
Paccar (PCAR) recorded Research & Development of $114.3 million in Q2 2026, up 1.2% from $112.9 million a year earlier and up 4.8% from the prior quarter.
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Analysis
Paccar (PCAR) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Paccar's Research & Development came in at $440.6 million as of Jun 30, 2026, down 3.9% year-over-year; for FY2025, it came in at $445.5 million, down 1.6% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $452.9 million in FY2024 (+10.2%), $410.9 million in FY2023 (+20.4%), $341.2 million in FY2022 (+5.3%) and $324.1 million in FY2021 (+18.3%).
- The Q2 2026 figure is the highest quarterly Research & Development since Q1 2025.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 0.9%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 26.0% in Q2 2023, against a decline of 7.9% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $109.1 million (Q1 2026), $106.2 million (Q4 2025) and $111 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 351.84 Bn | 323.53 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 209.14 Bn | 203.72 Bn | 3.55 Bn | - |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 165.20 Bn | 162.39 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 120.55 Bn | 118.67 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 90.75 Bn | 83.49 Bn | 2.66 Bn | - |
| 7 | Vertiv Holdings | 90.61 Bn | 81.23 Bn | 1.23 Bn | - |
| 8 | 3M | 83.78 Bn | 65.18 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 75.74 Bn | 72.30 Bn | 1.90 Bn | - |
| 10 | Paccar | 56.42 Bn | 19.43 Bn | 1.56 Bn | 114.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.30 Mn |
| Mar 31, 2026 | 109.10 Mn |
| Dec 31, 2025 | 106.20 Mn |
| Sep 30, 2025 | 111.00 Mn |
| Jun 30, 2025 | 112.90 Mn |
| Mar 31, 2025 | 115.40 Mn |
| Dec 31, 2024 | 115.30 Mn |
| Sep 30, 2024 | 115.00 Mn |
| Jun 30, 2024 | 117.10 Mn |
| Mar 31, 2024 | 105.50 Mn |
| Dec 31, 2023 | 108.90 Mn |
| Sep 30, 2023 | 103.50 Mn |
| Jun 30, 2023 | 101.30 Mn |
| Mar 31, 2023 | 97.20 Mn |
| Dec 31, 2022 | 99.90 Mn |
| Sep 30, 2022 | 82.90 Mn |
| Jun 30, 2022 | 80.40 Mn |
| Mar 31, 2022 | 78.00 Mn |
| Dec 31, 2021 | 87.10 Mn |
| Sep 30, 2021 | 72.50 Mn |
API Access
Paccar Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PCAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PCAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PCAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();