PACCAR (PCAR) 10-K Summary — Year Ended Dec 31, 2025
The filing reports a decline in revenue and net income for the period. Cash and marketable securities decreased, and operating cash flow also fell. The filing does not include a description of the company's business or specific risk factors.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The filing reports a decline in revenue and net income for the period. Cash and marketable securities decreased, and operating cash flow also fell. The filing does not include a description of the company's business or specific risk factors.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$28.4B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$2.4B
Net income reported for the year.
Operating cash flow
$4.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $28.8B | +22.5% |
| Dec 31, 2023 | $35.1B | +21.9% |
| Dec 31, 2024 | $33.7B | -4.2% |
| Dec 31, 2025 | $28.4B | -15.5% |
Business overview
The filing does not provide a description of the company's business.
Financial performance
Revenue decreased compared to the prior year, and net income also declined. Operating cash flow was lower than the previous period.
Material risks
No specific risk factors are detailed in the provided sections of the filing.
Liquidity and capital
The company's cash and marketable securities decreased during the period. Operating cash flow declined due to lower net income, partially offset by non-cash items. The company maintains these assets primarily for liquidity and capital preservation.
What to watch
Readers should monitor whether revenue continues to decline in the next filing.