Pacific Biosciences Of California (PACB) Gross Margin (2010 - 2026)
Pacific Biosciences Of California (PACB) recorded quarterly Gross Margin of 34.54% in Q1 2026, down 6.92% quarter-over-quarter from 37.11% in Q4 2025, and up 3823.0% on a YoY basis from 0.88% in Q1 2025.
Pacific Biosciences Of California (PACB) Gross Margin (2010 - 2026) Analysis & Trends
Pacific Biosciences Of California's Gross Margin history runs 17 years deep, the most recent figure standing at 34.54% for Q1 2026.
- In Q1 2026, Gross Margin rose 3823.0% year-over-year to 34.54%; the TTM figure through Mar 2026 stood at 37.49% (up 2132.0% YoY), while the FY2025 annual figure was 28.61%, up 440.0% from the prior year.
- Gross Margin was 34.54% for Q1 2026 at Pacific Biosciences Of California, down from 37.11% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.66% in Q2 2022 to a low of 3.69% in Q1 2025.
- Historically, Gross Margin has averaged 29.28% across 5 years, with a median of 32.15% in 2023.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 3276 bps in 2025, then soared 3823 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 18.79% in 2022, then retreated by 13 bps to 16.4% in 2023, then jumped by 56 bps to 25.64% in 2024, then soared by 45 bps to 37.11% in 2025, then declined by 7 bps to 34.54% in 2026.
- The last three Gross Margin figures came in at 34.54% (Q1 2026), 37.11% (Q4 2025), and 41.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 43.89% |
| 10 | Pacific Biosciences Of California | 426.62 Mn | 150.66 Mn | 12.84 Mn | 34.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.54% |
| Dec 31, 2025 | 37.11% |
| Sep 30, 2025 | 41.36% |
| Jun 30, 2025 | 36.93% |
| Mar 31, 2025 | -3.69% |
| Dec 31, 2024 | 25.64% |
| Sep 30, 2024 | 25.03% |
| Jun 30, 2024 | 16.49% |
| Mar 31, 2024 | 29.07% |
| Dec 31, 2023 | 16.40% |
| Sep 30, 2023 | 32.15% |
| Jun 30, 2023 | 32.68% |
| Mar 31, 2023 | 25.09% |
| Dec 31, 2022 | 18.79% |
| Sep 30, 2022 | 41.93% |
| Jun 30, 2022 | 45.66% |
| Mar 31, 2022 | 42.67% |
| Dec 31, 2021 | 46.55% |
| Jun 30, 2021 | 44.93% |
| Mar 31, 2021 | 44.75% |