Paccar (PCAR) Research & Development (2009 - 2026)
Paccar (PCAR) posted quarterly Research & Development of $114.3 million for Q2 2026, up 1.24% year-over-year from $112.9 million in Q2 2025, and up 4.77% quarter-over-quarter from $109.1 million in Q1 2026.
Paccar (PCAR) Research & Development (2009 - 2026) Analysis & Trends
Paccar (PCAR) has reported Research & Development for 18 consecutive years, with $114.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 1.24% year-over-year to $114.3 million; the TTM figure through Jun 2026 stood at $440.6 million (down 3.92% YoY), while the FY2025 annual figure was $445.5 million, down 1.63% from the prior year.
- Research & Development advanced to $114.3 million in Q2 2026 per PCAR's latest filing, from $109.1 million in the prior quarter.
- Across five years, Research & Development topped out at $117.1 million in Q2 2024 and bottomed at $78.0 million in Q1 2022.
- Historically, Research & Development has averaged $104.1 million across 5 years, with a median of $107.6 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development grew 26.0% — and 2025, when it slipped 7.89%.
- Paccar's Research & Development stood at $99.9 million in 2022, then rose by 9.01% to $108.9 million in 2023, then gained by 5.88% to $115.3 million in 2024, then decreased by 7.89% to $106.2 million in 2025, then increased by 7.63% to $114.3 million in 2026.
- Business Quant data shows PCAR's Research & Development at $114.3 million in Q2 2026, $109.1 million in Q1 2026, and $106.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 389.08 Bn | 382.37 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Deere | 166.80 Bn | 158.89 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 69.83 Bn | 61.16 Bn | 1.56 Bn | 114.30 Mn |
| 4 | CNH Industrial | 13.18 Bn | 11.31 Bn | 1.41 Bn | 230.00 Mn |
| 5 | Oshkosh | 9.73 Bn | 9.33 Bn | 480.30 Mn | - |
| 6 | Terex | 7.70 Bn | 7.30 Bn | 444.00 Mn | - |
| 7 | Agco | 7.22 Bn | 6.65 Bn | 645.90 Mn | - |
| 8 | Blue Bird | 2.27 Bn | 2.15 Bn | 103.37 Mn | - |
| 9 | Alamo | 2.05 Bn | 1.85 Bn | 110.86 Mn | - |
| 10 | Lindsay | 1.18 Bn | 1.03 Bn | 47.83 Mn | 4.65 Mn |
Historic Data
Download 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 |