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Pacific Biosciences of California PACB Product revenue — Cost of revenue

Other product segments

Service and other revenue
$5.24M+8.0%

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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:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization.

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, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Service and other revenue6,0576,68311,70112,723
Total revenue39,00739,76676,18576,919
Cost of Revenue:
Cost of product revenue20,94420,02240,91646,355
Cost of service and other revenue5,2424,8539,4248,631
Amortization of acquired intangible assets1831833664,528
Loss on purchase commitment244,092
Total cost of revenue26,36925,08250,70663,606

Item 1. Financial Statements (unaudited):

FAQ

What is Pacific Biosciences of California's product revenue — cost of revenue?
Pacific Biosciences of California (PACB) reported product revenue — cost of revenue of $20.94M in Q2 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 increased by 4.6% year-over-year, from $20.02M to $20.94M.
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.

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