PCAR

Trucking company PACCAR (NASDAQ:PCAR) fell short of the market’s revenue expectations in Q3 2026, but sales rose 19% year on year to $7.94 billion. Its non-GAAP profit of $1.61 per share was 7.4% above analysts’ consensus estimates.

PACCAR’s third quarter results saw a negative market reaction, as revenue fell short of Wall Street expectations despite a 19% year-on-year increase.

Caterpillar (NYSE:CAT) stock was priced for a raise, but traders don’t always get what they expect. Booming data center power sales and an earnings beat couldn’t rescue Caterpillar as the company offered only a moderate outlook.

PCAR's Q3 2026 earnings jumped 43.8% as stronger truck pricing and deliveries fueled growth, despite supplier constraints and softer parts profitability.

PCAR benefits from improving truck demand, strong profitability and aftermarket growth. Supply constraints and parts margin pressure temper its growth outlook.

Aftermarket services and financial operations are now anchoring profitability even as supply constraints limit near-term truck deliveries.

PACCAR came into this earnings day with a truckload of skepticism hanging over the stock. The shares have slipped about 22.5% over the past three months and eased another 0.6% to around US$103.73 after the latest report.

Moby summary of PACCAR Inc's Q3 2026 earnings call

Net income surged 44% despite supplier constraints limiting truck deliveries.

PACCAR (NASDAQ:PCAR) reported third-quarter 2026 revenue of $7.94 billion and net income of $847.5 million, representing year-over-year increases of 19% and 44%, respectively, as the truck maker cited strong customer demand, improved pricing and record parts…

Although the revenue and EPS for Paccar (PCAR) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.