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Pacific Biosciences of California PACB Instrument revenue — Total Revenue

Other product segments

Consumable revenue
$20.11M+6.2%
Service and other revenue
$6.06M-9.4%

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Other financials

Income statement

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Revenue$39.0M-1.9%
Gross profit$12.6M-13.9%
Operating income-$44.6M+0.5%
Net income-$44.7M-6.7%
EPS (diluted)-$0.140.0%

Balance sheet

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Cash & equivalents$62.6M+10.5%
Total debt$61.8M+17.1%
Total equity-$33.2M-154%
Total assets$751.9M-8.9%

Cash flow

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Operating cash flow-$35.6M-21.1%
CapEx$1.6M+183%
Free cash flow-$37.1M-24.1%

Valuation

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Market cap$357.46M-5.6%
Enterprise value$356.64M-4.8%
P/S2.2×-0.2×

Profitability

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Gross margin36.4%+15.0pp
Operating margin-83.5%-37.4pp
Net margin-82.5%-35.5pp
FCF margin-77.5%-13.2pp

Returns & leverage

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Return on equity-273.6%+314pp
Debt / equity25.1×+24.5×
Current ratio4.9×-2.0×

Where this comes from

Reported directly by Pacific Biosciences of California in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.

The source filing: Pacific Biosciences of California’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001299130-26-000122
(In thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Instrument revenue$12,839$14,150$22,560$25,166
Consumable revenue20,11118,93341,92439,030
Product revenue32,95033,08364,48464,196
Service and other revenue6,0576,68311,70112,723
Total revenue$39,007$39,766$76,185$76,919

Item 1. Financial Statements (unaudited):

FAQ

What is Pacific Biosciences of California's instrument revenue — total revenue?
Pacific Biosciences of California (PACB) reported instrument revenue — total revenue of $12.84M in Q2 2026.
How has Pacific Biosciences of California's instrument revenue — total revenue changed year-over-year?
Pacific Biosciences of California's instrument revenue — total revenue decreased by 9.3% year-over-year, from $14.15M to $12.84M.
What is the long-term trend for Pacific Biosciences of California's instrument revenue — total revenue?
Over 4 years (2021 to 2025), Pacific Biosciences of California's instrument revenue — total revenue has grown at a -3.2% compound annual growth rate (CAGR), from $61.32M to $53.82M.
What does instrument revenue — total revenue mean?
This metric represents the total revenue generated from the sale of genetic sequencing hardware platforms and associated instrumentation systems. It serves as a primary indicator of market adoption for the company's core technology and reflects the initial capital investment made by customers to access the platform. Growth in this segment is critical for expanding the installed base, which subsequently drives long-term recurring revenue through consumables and service contracts.

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