PCAR

EX-99.1

2 pcar-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

PACCAR Inc

Public Affairs Department

P.O. Box 1518

Bellevue, WA 98009

Contact:

Ken Hastings

(425) 468-7530

ken.hastings@paccar.com

FOR IMMEDIATE RELEASE

PACCAR Achieves Excellent Quarterly Revenues and Profits

October 27, 2026, Bellevue, Washington – “PACCAR achieved excellent results in the third quarter of 2026. Revenues increased by 19% and net income increased by 44% compared to same period last year,” said Preston Feight, chief executive officer. “The increase in quarterly profits resulted from higher truck segment margins and strong overall business performance. PACCAR Parts reported record revenues and PACCAR Financial Services achieved very good profits. I am very proud of our employees who design, build, and deliver the company’s trucks and transportation solutions to our customers.”

PACCAR achieved net income of $847.5 million ($1.61 per diluted share) in the third quarter of this year, compared to $590.0 million ($1.12 per diluted share) earned in the same period last year. Third quarter revenues were $7.94 billion, compared to $6.67 billion reported in the third quarter of 2025.

PACCAR’s net income in the first nine months of 2026 was $2.20 billion ($4.18 per diluted share) compared to $1.82 billion ($3.45 per diluted share) in the first nine months of 2025, which included a $264.5 million after-tax non-recurring charge related to civil litigation in Europe. Net sales and financial services revenues for the first nine months of 2026 were $22.26 billion, compared to $21.62 billion in the same period last year.

Financial Highlights – Third Quarter 2026

Highlights of PACCAR’s financial results for the third quarter of 2026 include:

• Consolidated net sales and revenues of $7.94 billion.

• Consolidated net income of $847.5 million.

• Global truck deliveries of 40,100 units.

• Record PACCAR Parts revenues of $1.78 billion.

• PACCAR Parts pretax income of $404.4 million.

• PACCAR Financial Services pretax income of $138.1 million.

• Capital investments of $137.6 million and R&D expenses of $108.9 million.

• Cash generated from operations of $847.7 million.

Financial Highlights – Nine Months 2026

Highlights of PACCAR’s financial results for the first nine months of 2026 include:

• Consolidated net sales and revenues of $22.26 billion.

• Consolidated net income of $2.20 billion.

• PACCAR Parts pretax income of $1.22 billion.

• PACCAR Financial Services pretax income of $377.7 million.

• Capital investments of $411.8 million and R&D expenses of $332.3 million.

• Cash generated from operations of $2.52 billion.

Peterbilt 589 Low Roof Sleeper Truck

Global Truck Markets

“Kenworth and Peterbilt’s customers are beginning to refresh their fleets with newer, more fuel efficient trucks,” said John Rich, PACCAR executive vice president and chief technology officer. “We are experiencing a good year of truck demand in 2026 and we anticipate this to continue next year, supported by U.S. economic growth and continued investments in infrastructure.” U.S. and Canada Class 8 truck industry retail sales in 2026 are estimated to be in a range of 240,000–260,000 vehicles. Class 8 truck industry retail sales for 2027 are expected to be in a range of 240,000–280,000 trucks.

Kenworth T680 Day Cab Truck

European truck industry registrations in the above 16-tonne segment are estimated to be in the range of 300,000–320,000 trucks this year, and a similar range in 2027. “DAF trucks’ aerodynamics, fuel-efficiency and unparalleled driver comfort improve customers’ operational performance,” said Jim Walenczak, DAF president. “DAF exhibited a comprehensive range of innovative products, such as new clean diesel- and battery-powered trucks, at the IAA Transportation 2026 commercial vehicle show in Hanover, Germany. DAF’s world-class trucks, including the International Truck of the Year 2026 DAF XD Electric and XF Electric trucks, coupled with its expansive dealer network, deliver industry-leading vehicles and aftermarket support for our customers.”

DAF XF Electric Vocational Truck

The South American above 16-tonne truck market is projected to be in a range of 100,000–105,000 trucks this year, and in a range of 105,000–115,000 vehicles in 2027. Lance Walters, PACCAR vice president, noted, “South American customers appreciate DAF and Kenworth trucks’ industry-leading durability and reliability, which are an excellent match for the continent’s tough duty-cycles.”

PACCAR Introduces PACCAR Connect for Kenworth and Peterbilt Trucks

PACCAR unveiled its next generation transportation solution, PACCAR Connect, at the American Trucking Associations’ Management Conference & Exhibition in North Carolina. PACCAR Connect is a state-of-the-art technology platform with an integrated vehicle display that combines fleet telematics systems, PACCAR truck data, customer-specific productivity applications, and Electronic Driver Logs. PACCAR Connect will be avail

EX-99.1

2 pcar-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

PACCAR Inc

Public Affairs Department

P.O. Box 1518

Bellevue, WA 98009

Contact:

Ken Hastings

(425) 468-7530

ken.hastings@paccar.com

FOR IMMEDIATE RELEASE

PACCAR Increases Quarterly Revenues and Profits

July 28, 2026, Bellevue, Washington – “PACCAR achieved very good revenues and increased net income by 24% in the second quarter of 2026 compared to the preceding quarter,” said Preston Feight, chief executive officer. “Build rates increased during the quarter due to strong orders as customers benefited from PACCAR’s industry-leading trucks and improved freight rates. I am very proud of our employees and dealers who delivered these trucks and transportation solutions to our customers.”

PACCAR earned net income of $752.0 million ($1.43 per diluted share) in the second quarter compared to $723.8 million ($1.37 per diluted share) earned in the same period last year. Second quarter net sales and financial services revenues were $7.55 billion, compared to $7.51 billion achieved in the second quarter of 2025.

PACCAR net income in the first half of 2026 was $1.36 billion ($2.57 per diluted share) compared to $1.23 billion ($2.33 per diluted share) in the first half of 2025, which included a $264.5 million after-tax non-recurring charge related to civil litigation in Europe. Net sales and financial services revenues for the first six months of 2026 were $14.32 billion, compared to $14.95 billion in the same period last year.

Financial Highlights – Second Quarter 2026

Highlights of PACCAR’s financial results for the second quarter of 2026 include:

• Consolidated net sales and revenues of $7.55 billion.

• Consolidated net income of $752.0 million.

• Global truck deliveries of 38,700 units.

• Record PACCAR Parts revenues of $1.75 billion.

• PACCAR Parts pre-tax income of $417.0 million.

• PACCAR Financial Services pre-tax income of $124.1 million.

• Capital investments of $138.7 million and R&D expenses of $114.3 million.

• Cash generated from operations of $700.8 million.

Financial Highlights – First Half 2026

Highlights of PACCAR’s financial results for the first six months of 2026 include:

• Consolidated net sales and revenues of $14.32 billion.

• Consolidated net income of $1.36 billion.

• Capital investments of $274.2 million and R&D expenses of $223.4 million.

• PACCAR Parts pre-tax income of $819.3 million.

• PACCAR Financial Services pre-tax income of $239.6 million.

• Cash generated from operations of $1.67 billion.

Kenworth T880 Vocational Truck

Global Truck Markets U.S. and Canada Class 8 truck industry retail sales are estimated to be in a range of 230,000–270,000 trucks in 2026. “Customers are benefiting from higher freight rates due to constrained industry freight capacity. Fleet age has increased as well, providing an opportunity for customers to refresh their fleets with newer, more fuel-efficient trucks,” said John Rich, PACCAR executive vice president and chief technology officer. “On July 9, the U.S. EPA provided helpful clarification of emissions regulations that will be beneficial to customers as they make truck purchasing decisions for the second half of this year and 2027.”

Peterbilt proudly unveiled in the second quarter the Freedom 250 Special Edition Model 589 truck, honoring America’s historic 250th birthday. This truck delivers the superior quality and pride of ownership that Peterbilt customers expect, with a red, white and blue design that celebrates freedom and the open road.

Peterbilt Freedom 250 Special Edition Model 589 Truck

European truck industry registrations in the above 16-tonne segment are estimated to be in a range of 290,000–330,000 vehicles this year. “DAF trucks are delivering the highest fuel efficiency and best-in-class driver comfort in the industry due to their innovative, aerodynamic design,” shared Jim Walenczak, DAF president. In the second quarter, DAF Trucks was named ‘Truck Manufacturer of the Year’ by the leading British Motor Trader magazine at its prestigious Commercial Industry Awards ceremony in the U.K.

The South American above 16-tonne truck market is estimated to be in the range of 100,000–110,000 trucks this year. “South American customers appreciate Kenworth and DAF’s industry-leading product quality, complemented by outstanding aftermarket support including PACCAR Parts, PACCAR Financial Services and premium dealerships,” said Lance Walters, PACCAR vice president.

PACCAR Parts Achieves Record Quarterly Revenues

PACCAR Parts earned pre-tax income of $417.0 million in the second quarter of 2026, compared to $416.5 million earned in the same period last year. PACCAR Parts achieved record revenues of $1.75 billion in the second quarter, compared to $1.72 billion reported in the same period last year. First half 2026 revenues were $3.46 billion, compared to $3.41 billion in the same period last year. PACCAR Parts achieved pre-tax profit of $819.3 million in the first

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