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Pacific Biosciences of California PACB Service — Revenue recognized

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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:ContractWithCustomerLiabilityRevenueRecognized.

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 service — revenue recognized?
Pacific Biosciences of California (PACB) reported service — revenue recognized of $5M in Q1 2026.
How has Pacific Biosciences of California's service — revenue recognized changed year-over-year?
Pacific Biosciences of California's service — revenue recognized increased by 8.7% year-over-year, from $4.6M to $5M.
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.