Pacific Biosciences Of California (PACB) Research & Development (2010 - 2026)
Pacific Biosciences Of California's Research & Development was $23.02 million in Q2 2026, up 2.2% from $22.53 million a year earlier and up 17.4% from the prior quarter.
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Analysis
Pacific Biosciences Of California (PACB) Research & Development (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Pacific Biosciences Of California's Research & Development was $88.36 million through Jun 30, 2026, down 15.5% year-over-year; for FY2025, it came in at $97.31 million, down 27.9% from FY2024.
- Research & Development has now declined for three consecutive years, though with a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- In earlier years, Research & Development was $134.92 million in FY2024 (-27.9%), $187.17 million in FY2023 (-3.0%), $193 million in FY2022 (+70.9%) and $112.9 million in FY2021 (+76.0%).
- The Q2 2026 figure marks the highest quarterly Research & Development since Q1 2025.
- Compared with a year earlier, Research & Development was higher in 1 of the last eight quarters, with an average decline of 27.1%.
- The best year-over-year quarter for Research & Development over five years was Q1 2022 (growth of 157.6%); the worst was Q3 2024 (a decline of 46.3%).
- Per Business Quant data, PACB's Research & Development in the three quarters before Q2 2026 was $19.61 million (Q1 2026), $22.88 million (Q4 2025) and $22.85 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 364.00 Mn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 892.00 Mn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 412.00 Mn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 370.60 Mn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 771.00 Mn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 434.00 Mn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 554.00 Mn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 258.00 Mn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 278.90 Mn |
| 10 | Pacific Biosciences Of California | 531.49 Mn | -559.51 Mn | 12.64 Mn | 23.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.02 Mn |
| Mar 31, 2026 | 19.61 Mn |
| Dec 31, 2025 | 22.88 Mn |
| Sep 30, 2025 | 22.85 Mn |
| Jun 30, 2025 | 22.53 Mn |
| Mar 31, 2025 | 29.05 Mn |
| Dec 31, 2024 | 27.47 Mn |
| Sep 30, 2024 | 25.52 Mn |
| Jun 30, 2024 | 38.49 Mn |
| Mar 31, 2024 | 43.46 Mn |
| Dec 31, 2023 | 44.54 Mn |
| Sep 30, 2023 | 47.51 Mn |
| Jun 30, 2023 | 46.17 Mn |
| Mar 31, 2023 | 48.94 Mn |
| Dec 31, 2022 | 42.62 Mn |
| Sep 30, 2022 | 47.09 Mn |
| Jun 30, 2022 | 50.35 Mn |
| Mar 31, 2022 | 52.94 Mn |
| Dec 31, 2021 | 42.58 Mn |
| Sep 30, 2021 | 27.51 Mn |
API Access
Pacific Biosciences Of California Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=PACB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "PACB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=PACB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();