Paccar Inc (PCAR): R&D Expense

Annual figures by period end, from SEC filings.

$445.50M

Year ended 2025-12-31

$440.60M

Trailing 12 months to 2026-06-30

+9.3%

3-year compound annual growth

2022-12-31 R&D Expense (USD) 2025-12-31

Period ended	R&D Expense	Change YoY	Source filing
2025-12-31	$445.50M	-1.6%	2026-02-18, From 2025-01-01
2024-12-31	$452.90M	+10.2%	2026-02-18, From 2024-01-01
2023-12-31	$410.90M	+20.4%	2026-02-18, From 2023-01-01
2022-12-31	$341.20M	n/a	2025-02-19, From 2022-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motor Vehicles & Passenger Car Bodies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

Company	Year ended	R&D Expense	Change YoY
Paccar Inc (PCAR)	2025-12-31	$445.50M	-1.6%
Oshkosh Corp (OSK)	2025-12-31	$173.70M	+2.7%
Tesla, Inc. (TSLA)	2025-12-31	$6.41B	+41.2%
Rivian Automotive, Inc. (RIVN)	2025-12-31	$1.67B	+3.4%
Ford Motor Co (F)	2025-12-31	$9.40B	+17.5%
Lucid Group, Inc. (LCID)	2025-12-31	$1.21B	+3.0%
Lotus Technology Inc. (LOT)	2025-12-31	$170.96M	-37.8%
Workhorse Group Inc. (WKHS)	2025-12-31	$13.16M	+2.1%
Fly-E Group, Inc. (FLYE)	2026-03-31	$340.9K	-37.9%

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