Pacific Biosciences Of California (PACB) Gross Margin (2010 - 2026)
Pacific Biosciences Of California's (PACB) quarterly Gross Margin came in at 34.54% in Q1 2026, up 3823.0% year-on-year from 0.88% in Q1 2025, and down 6.92% quarter-over-quarter from 37.11% in Q4 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.
- On a quarterly basis, Gross Margin rose 3823.0% year-over-year to 34.54% in Q1 2026; TTM through Mar 2026 was 37.49%, a 2132.0% increase from a year earlier, with the FY2025 full-year figure at 28.61%, up 440.0% from the prior year.
- Gross Margin slipped to 34.54% in Q1 2026 per PACB's latest filing, from 37.11% in the prior quarter.
- Across five years, Gross Margin topped out at 45.66% in Q2 2022 and bottomed at 3.69% in Q1 2025.
- The 5-year median for Gross Margin is 32.15% (2023), against an average of 29.28%.
- Across the five-year window, Gross Margin plunged 3276 bps in 2025 and surged 3823 bps in 2026, its largest moves.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest PACB Gross Margin figures stand at 34.54% (Q1 2026), 37.11% (Q4 2025), and 41.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 78.01% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 62.95% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 45.22% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 38.53% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Pacific Biosciences Of California | 428.15 Mn | 152.18 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% |