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
DateValue
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