PACCAR Q2 Earnings Surpass Expectations, Sales Decline Y/Y

PACCAR's cash and marketable debt securities amounted to $8.28 billion as of June 30, 2025, compared with $9.65 billion as of Dec. 31, 2024. Revenues from the Trucks segment totaled $5.24 billion in the second quarter, lower than the prior-year quarter's $6.58 billion. The metric, however, surpassed our estimate of $5.03 billion. Global truck deliveries came in at 39,300 units, higher than our projection of 38,203 units but down from 48,400 units delivered in the corresponding quarter of 2024. The segment's ...