PACCAR Inc FY 2025 10-K, explained in plain English
Key financials — as reported
| Total revenue | $28.4B |
| Gross margin | 20.1% |
| Operating income | — not reported |
| Net income | $2.4B |
| Diluted EPS | $4.51 |
| Cash & equivalents | — not reported |
| Total assets | $44.3B |
| Long-term debt | — not reported |
Key takeaway
Worldwide revenue declined 15% to $28.44 billion in 2025, driven by a 22% drop in truck deliveries across all major markets amid weaker retail demand.
🔒 4 more takeaways in the full analysis
Beneath the surface
The $350.0 million pre-tax ($264.5 million after-tax) EC-related civil litigation charge in Q1 2025 significantly depressed reported earnings; excluding it, adjusted net income was $2.64 billion ($5.01 diluted EPS), a materially better underlying performance.
🔒 3 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for PCAR.
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