Quick Answer
PACCAR INC reported R&D Expense of $445.50 million for fiscal year 2025.
PACCAR INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $445.50M | -1.6% |
| 2024 | $452.90M | +10.2% |
| 2023 | $410.90M | +20.4% |
| 2022 | $341.20M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $111.00M | -3.5% | -1.7% |
| June 30, 2025 | $112.90M | -3.6% | -2.2% |
| March 31, 2025 | $115.40M | +9.4% | +0.3% |
| September 30, 2024 | $115.00M | — | -1.8% |
| June 30, 2024 | $117.10M | — | +11.0% |
| March 31, 2024 | $105.50M | — | — |
- PACCAR INC showed a decrease of -1.6% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2025 period, PACCAR INC’s r&d expense has grown by 30.6% (from $341.20 million to $445.50 million).
- The most recent figure is from PACCAR INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 18, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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