PACCAR (PCAR) Revenue — Quarter Ended Mar 31, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher net sales and revenues in the Truck, Parts and Other segment.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth reflects higher net sales and revenues in the Truck, Parts and Other segment.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.5B
Revenue reported for this quarter.
Quarter-over-quarter
+4.2%
Change from the immediately preceding quarter.
Year-over-year
+30.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$30.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $7.2B | +22.5% |
| Sep 30, 2022 | $7.1B | +37.2% |
| Dec 31, 2022 | $8.1B | +21.6% |
| Mar 31, 2023 | $8.5B | +30.9% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend seen over recent periods. Compared with the same quarter one year earlier, revenue was also higher.
Quarterly comparison
Sequentially, revenue improved from the prior quarter. On a year-over-year basis, revenue increased from the same quarter a year ago, consistent with the positive trajectory shown in the trend data.
What to watch
The filing notes higher cash usage for inventories and wholesale receivables, which may affect future liquidity.