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PACB Financials Pacific Biosciences Of California, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 15.2% per year over the past 5 years.
  • Operating margin has contracted, at -346.2% in the latest year.

Financial health

  • Total debt has grown faster than revenue (131.1% vs 15.2% per year).
  • Operating income covered interest expense -79.6× in the latest year.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$546M -$173M $201M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-346% -149% 49% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$280M -$131M $18M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $449M $899M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$679M $246M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $160M -$546M 28.6% -346.2% -$114M $64M
2024 $154M -$310M 24.2% -308.0% -$212M $55M
2023 $201M -$307M 26.3% -166.8% -$268M $180M
2022 $128M -$314M 38.2% -239.4% -$280M $899M $325M
2021 $131M -$181M 45.1% -161.2% -$117M $898M $461M
2020 $79M $29M 41.3% -132.3% $18M $82M
2019 $91M -$84M 38.0% -110.6% -$81M $16M $30M
2018 $79M -$103M 31.9% -128.4% -$68M $15M $19M
2017 $93M -$92M 37.1% -96.1% -$78M $14M $17M
2016 $91M -$74M 48.7% -78.5% -$76M $16M $17M
2015 -$32M $34M
2014 -$66M $14M $36M
2013 -$79M -$31M $13M $26M
2012 -$94M -$79M $3M $47M
2011 -$109M -$112M $3M $59M

Valuation over time

How the market has priced PACB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 16.1 32.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is PACB growing its revenue and profit?

Over the past 5 years, Pacific Biosciences Of California, Inc.'s revenue has grown 15.2% per year. These are computed facts, not advice.

How much debt does PACB have?

As of FY2025, Pacific Biosciences Of California, Inc. reported — of total debt against $64M of cash; operating income covered interest expense -79.6×.

What is PACB's profit margin?

In FY2025, gross margin was 28.6%, operating margin -346.2%, and net margin -341.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.