Paccar sees FY26 capex $725M-$775M

Brice Poplawski, senior vice president and chief financial officer, said, “Capital expenditures are projected to be in the range of $725-$775 million and research and development expenses are estimated to be in the range $450-$500 million in 2026. PACCAR (PCAR) is increasing its investment in next generation internal combustion, hybrid and battery-electric powertrains, integrated connected vehicle services, expanded manufacturing capabilities, and the PACCAR autonomous vehicle platform, that will create value for our customers.”