Paccar (PCAR) Research & Development (2009 - 2026)
Paccar (PCAR) reported Research & Development of $109.1 million for Q1 2026, down 5.46% year-over-year from $115.4 million in Q1 2025, and up 2.73% quarter-over-quarter from $106.2 million in Q4 2025.
Paccar (PCAR) Research & Development (2009 - 2026) Analysis & Trends
Paccar (PCAR) has 18 years of Research & Development data on file, last reported at $109.1 million in Q1 2026.
- Research & Development for Q1 2026 came in at $109.1 million, down 5.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $439.2 million (down 5.1% YoY), and the FY2025 annual result was $445.5 million, down 1.63% from the prior year.
- Research & Development improved to $109.1 million in Q1 2026 per PCAR's latest filing, from $106.2 million in the prior quarter.
- Over five years, Research & Development peaked at $117.1 million in Q2 2024 and troughed at $78.0 million in Q1 2022.
- A 5-year average of $103.5 million and a median of $106.2 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development grew 26.0% in 2023, then slipped 7.89% in 2025.
- A 5-year view of Research & Development shows it stood at $99.9 million in 2022, then increased by 9.01% to $108.9 million in 2023, then rose by 5.88% to $115.3 million in 2024, then retreated by 7.89% to $106.2 million in 2025, then advanced by 2.73% to $109.1 million in 2026.
- Business Quant data shows PCAR's Research & Development at $109.1 million in Q1 2026, $106.2 million in Q4 2025, and $111.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 424.10 Bn | 420.03 Bn | 6.11 Bn | 537.00 Mn |
| 2 | Deere | 156.25 Bn | 148.36 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 63.14 Bn | 62.45 Bn | 1.36 Bn | 109.10 Mn |
| 4 | Oshkosh | 8.32 Bn | 8.07 Bn | 311.90 Mn | - |
| 5 | Terex | 6.12 Bn | 5.73 Bn | 206.00 Mn | - |
| 6 | Blue Bird | 2.24 Bn | 1.97 Bn | 70.65 Mn | - |
| 7 | Alamo | 1.85 Bn | 1.65 Bn | 104.81 Mn | - |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 4.08 Mn |
| 9 | Astec Industries | 1.18 Bn | 1.11 Bn | 99.10 Mn | - |
| 10 | Hyster-Yale | 619.64 Mn | 623.94 Mn | 124.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 84.40 Mn |