PACCAR INC R&D Expense 2022-2025 | 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 2024 was $452.9M, a 10.22% increase from 2023. PACCAR INC r&d expense for the quarter ending September 30, 2025 was $111.0M.
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 was PACCAR INC's r&d expense in 2022?
PACCAR INC annual r&d expense for 2022 was $341.2M.
What is PACCAR INC's 2-year r&d expense CAGR?
PACCAR INC r&d expense grew at a compound annual growth rate (CAGR) of 15.21% from FY2022 to FY2024, going from $341.2M to $452.9M over 2 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+15.2%
FY2022
$341.2M
→
FY2024
$452.9M
222324
2 years selected
Company: PACCAR INCTicker: PCARSector: AutomotiveIndustry: Motor Vehicles & Passenger Car BodiesView company profile →