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Pacific Biosciences of California PACB Business Segments — Income tax provision (benefit)

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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:IncomeTaxExpenseBenefit.

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 business segments — income tax provision (benefit)?
Pacific Biosciences of California (PACB) reported business segments — income tax provision (benefit) of $184K in Q1 2026.
How has Pacific Biosciences of California's business segments — income tax provision (benefit) changed year-over-year?
Pacific Biosciences of California's business segments — income tax provision (benefit) increased by 160.9% year-over-year, from -$302K to $184K.
What does business segments — income tax provision (benefit) mean?
This reflects the total tax expense or benefit recognized by the reportable segment for the period, calculated based on applicable jurisdictional tax laws. It represents the portion of the company's tax burden or credit attributable to the specific operations of this segment. Analyzing this figure is essential for understanding the segment's effective tax rate and its contribution to the company's overall tax position.