Pacific Biosciences of California PACB Service — Revenue recognized
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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:ContractWithCustomerLiabilityRevenueRecognized.
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 — revenue recognized?
- Pacific Biosciences of California (PACB) reported service — revenue recognized of $3.7M in Q2 2026.
- How has Pacific Biosciences of California's service — revenue recognized changed year-over-year?
- Pacific Biosciences of California's service — revenue recognized decreased by 22.9% year-over-year, from $4.8M to $3.7M.
- What is the long-term trend for Pacific Biosciences of California's service — revenue recognized?
- Over 3 years (2022 to 2025), Pacific Biosciences of California's service — revenue recognized has grown at a 1.5% compound annual growth rate (CAGR), from $13M to $13.6M.
- What does service — revenue recognized mean?
- This represents the total revenue earned during the reporting period from providing service, maintenance, and support activities for the company's installed platform base. It measures the effectiveness of the company's service organization in delivering value to customers and generating recurring income. This metric is a key indicator of the health and utilization of the company's deployed technology.
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