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PACCAR INC R&D Expense 2022-2026 | PCAR

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What is r&d expense?

Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.

What is PACCAR INC's current r&d expense?

PACCAR INC (PCAR) annual r&d expense for 2025 was $445.5M, a 1.63% decline from 2024. PACCAR INC r&d expense for the quarter ending March 31, 2026 was $109.1M.

What was PACCAR INC's r&d expense in 2024?

PACCAR INC annual r&d expense for 2024 was $452.9M, a 10.22% increase from 2023.

What was PACCAR INC's r&d expense in 2023?

PACCAR INC annual r&d expense for 2023 was $410.9M, a 20.43% increase from 2022.

What is PACCAR INC's 3-year r&d expense CAGR?

PACCAR INC r&d expense grew at a compound annual growth rate (CAGR) of 9.30% from FY2022 to FY2025, going from $341.2M to $445.5M over 3 years.

R&D Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+9.3%
FY2022
$341.2M
FY2025
$445.5M
22232425
3 years selected
R&D Expense History
PeriodValueChangeSource
FY2025$445.5M-1.6%10-K
FY2024$452.9M+10.2%10-K
FY2023$410.9M+20.4%10-K
FY2022$341.2M-10-K
Company: PACCAR INCTicker: PCARSector: AutomotiveIndustry: Motor Vehicles & Passenger Car BodiesView company profile →