PACCAR (PCAR) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the prior quarter and rose compared to the same quarter last year. The sequential growth continued a pattern of year-over-year gains observed throughout the fiscal year.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to the prior quarter and rose compared to the same quarter last year. The sequential growth continued a pattern of year-over-year gains observed throughout the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.4%
Change from the immediately preceding quarter.
Year-over-year
+11.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.1B
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 |
|---|---|---|
| Mar 31, 2023 | $8.5B | +30.9% |
| Jun 30, 2023 | $8.9B | +24.1% |
| Sep 30, 2023 | $8.7B | +23.2% |
| Dec 31, 2023 | $9.1B | +11.7% |
Revenue performance
The reported revenue moved higher from the immediately preceding quarter. This marks the highest quarterly revenue in the available trend data.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher. The sequential increase from the prior quarter was smaller than the year-over-year gain.
What to watch
The filing context discusses higher operating cash flows driven by net income and accruals, but does not directly attribute revenue changes to those factors.