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Pacific Biosciences of California PACB Business Segments — Gain on debt restructuring

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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:GainsLossesOnRestructuringOfDebt.

The source filing: Pacific Biosciences of California’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:03 PM EST
Fiscal year
FY2025
Accession
0001299130-26-000034
(In thousands)Years Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Merger-related expenses9,042
Change in fair value of contingent consideration(18,700)(850)15,060
Amortization of acquired intangible assets364,54118,0066,157
Loss on extinguishment of debt2,033
Gain on debt restructuring(154,407)
Other income, net7,80310,37118,341
Income tax provision (benefit)318316(11,424)
Consolidated net loss(546,376)(309,851)(306,735)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Pacific Biosciences of California's business segments — gain on debt restructuring?
Pacific Biosciences of California (PACB) reported business segments — gain on debt restructuring of $0 in Q4 2025.
How has Pacific Biosciences of California's business segments — gain on debt restructuring changed year-over-year?
Pacific Biosciences of California's business segments — gain on debt restructuring decreased by 100.0% year-over-year, from $38.6M to $0.
What does business segments — gain on debt restructuring mean?
This represents the financial gain realized by the reportable segment when debt obligations are modified or settled under terms more favorable than the original carrying value. Such gains often arise from negotiated settlements or debt-for-equity swaps that reduce the total liability burden. This metric highlights the impact of successful balance sheet management on the segment's reported earnings.

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