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Pacific Biosciences of California PACB Business Segments — Merger-related expenses

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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:BusinessCombinationAcquisitionRelatedCosts.

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
Sales and marketing72,97287,24479,287
General and administrative68,52187,77390,531
Impairment charges15,000184,500
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)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Pacific Biosciences of California's business segments — merger-related expenses?
Pacific Biosciences of California (PACB) reported business segments — merger-related expenses of $0 in Q4 2025.
What does business segments — merger-related expenses mean?
These are non-recurring costs incurred by the reportable segment specifically associated with the acquisition or integration of other business entities. Such expenses may include legal fees, consulting costs, and integration-related personnel expenses. Identifying these costs allows investors to isolate the impact of inorganic growth strategies from the segment's core operational performance.

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