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Pacific Biosciences of California PACB Product revenue — Cost of revenue

Other product segments

Service and other revenue
$4.18M+10.7%

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Other financials

Income statement

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Revenue$37.2M+0.1%
Gross profit$12.8M+1,037%
Operating income-$8.4M+98.1%
Net income-$8.3M+98.1%
EPS (diluted)-$0.03+97.9%

Balance sheet

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Cash & equivalents$57.9M-4.7%
Total debt$59.3M+12.1%
Total equity$2.4M-97.4%
Total assets$782.4M-9.1%

Cash flow

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Operating cash flow-$44.7M-1.4%
CapEx$3.0M+119%
Free cash flow-$47.7M-5.0%

Valuation

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Market cap$496.96M+30.4%
Enterprise value$498.38M+33.5%
P/S3.1×+0.6×

Profitability

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Gross margin37.5%+21.3pp
Operating margin-83.3%-38.2pp
Net margin-80.3%-36.1pp
FCF margin-72.6%-20.0pp

Returns & leverage

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Return on equity-273.6%+314pp
Debt / equity25.1×+24.5×
Current ratio5.7×-1.0×

Where this comes from

Reported directly by Pacific Biosciences of California in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

The official record: Pacific Biosciences of California’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pacific Biosciences of California's product revenue — cost of revenue?
Pacific Biosciences of California (PACB) reported product revenue — cost of revenue of $19.97M in Q1 2026.
How has Pacific Biosciences of California's product revenue — cost of revenue changed year-over-year?
Pacific Biosciences of California's product revenue — cost of revenue decreased by 24.2% year-over-year, from $26.33M to $19.97M.
What is the long-term trend for Pacific Biosciences of California's product revenue — cost of revenue?
Over 4 years (2021 to 2025), Pacific Biosciences of California's product revenue — cost of revenue has grown at a 12.3% compound annual growth rate (CAGR), from $56.36M to $89.76M.
What does product revenue — cost of revenue mean?
This metric captures the direct costs associated with manufacturing and delivering the physical products sold by the company, including raw materials, labor, and overhead directly attributable to production. It is a critical measure of the company's manufacturing efficiency and the direct cost burden of its hardware and consumable sales. Analyzing this metric allows stakeholders to evaluate gross margin trends and the scalability of the company's production processes.