PACCAR (PCAR) Revenue — Quarter Ended Jun 30, 2023
Revenue increased compared to the prior quarter and rose significantly from the same quarter last year. The sequential growth was moderate, while the year-over-year gain was substantial.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased compared to the prior quarter and rose significantly from the same quarter last year. The sequential growth was moderate, while the year-over-year gain was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.9B
Revenue reported for this quarter.
Quarter-over-quarter
+4.8%
Change from the immediately preceding quarter.
Year-over-year
+24.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$32.5B
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 |
|---|---|---|
| Sep 30, 2022 | $7.1B | +37.2% |
| Dec 31, 2022 | $8.1B | +21.6% |
| Mar 31, 2023 | $8.5B | +30.9% |
| Jun 30, 2023 | $8.9B | +24.1% |
Revenue performance
The reported revenue reflects a continued upward trajectory, building on the gains seen in recent quarters. The year-over-year comparison shows a strong expansion in the business.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased modestly. Relative to the same quarter one year earlier, revenue was substantially higher.
What to watch
Monitor whether the sequential revenue growth rate can sustain or accelerate in the coming quarters.