Pacific Biosciences of California PACB Service — Contract with customer, liability
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Where this comes from
Reported directly by Pacific Biosciences of California in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
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
As of June 30, 2026, we had a total of $19.4 million of deferred revenue, $16.1 million of which was recorded as deferred revenue, current, and $3.3 million of which was recorded as deferred revenue, non-current, which primarily relates to deferred service contract revenues and is scheduled to be recognized in the next six years. Revenue recorded in the three and six months ended June 30, 2026 includes $3.7 million and $8.7 million, respectively, that was included in deferred revenue as of December 31, 2025.
Item 1. Financial Statements (unaudited):
FAQ
- What is Pacific Biosciences of California's service — contract with customer, liability?
- Pacific Biosciences of California (PACB) reported service — contract with customer, liability of $19.4M in Q2 2026.
- How has Pacific Biosciences of California's service — contract with customer, liability changed year-over-year?
- Pacific Biosciences of California's service — contract with customer, liability decreased by 5.8% year-over-year, from $20.6M to $19.4M.
- What is the long-term trend for Pacific Biosciences of California's service — contract with customer, liability?
- Over 2 years (2021 to 2025), Pacific Biosciences of California's service — contract with customer, liability has grown at a -9.1% compound annual growth rate (CAGR), from $99.2M to $82M.
- What does service — contract with customer, liability mean?
- This represents the total financial obligation arising from service agreements where the company has received consideration but has not yet satisfied the performance obligations. It reflects the balance of unearned service revenue that must be fulfilled through future maintenance, support, or technical assistance. Monitoring this liability helps assess the company's future service delivery commitments and potential for future revenue recognition.
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