Paccar (PCAR) Research & Development (2009 - 2026)
Paccar (PCAR) recorded Research & Development of $108.9 million in Q3 2026, down 1.9% from $111 million a year earlier and down 4.7% 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 $438.5 million as of Sep 30, 2026, down 3.5% 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%).
- Quarterly Research & Development has ranged from $78 million in Q1 2022 to $117.1 million in Q2 2024 over the past five years.
- On a year-over-year basis, Research & Development rose in three of the last eight quarters, with an average decline of 0.7%.
- 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 $114.3 million (Q2 2026), $109.1 million (Q1 2026) and $106.2 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 255.56 Bn | 227.26 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Deere | 179.70 Bn | 147.79 Bn | 4.66 Bn | 567.00 Mn |
| 3 | Amphenol | 177.67 Bn | 172.37 Bn | 4.02 Bn | - |
| 4 | Eaton | 127.13 Bn | 124.07 Bn | 3.11 Bn | 238.00 Mn |
| 5 | Parker-Hannifin | 113.68 Bn | 111.80 Bn | 2.25 Bn | - |
| 6 | 3M | 97.60 Bn | 79.05 Bn | 2.78 Bn | 304.00 Mn |
| 7 | Emerson Electric | 91.05 Bn | 83.78 Bn | 2.66 Bn | - |
| 8 | Illinois Tool Works | 81.41 Bn | 78.08 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 68.19 Bn | 57.04 Bn | 1.64 Bn | - |
| 10 | Paccar | 55.07 Bn | 17.93 Bn | 1.63 Bn | 108.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 108.90 Mn |
| 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 |
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();