Pacific Biosciences Of California (PACB) Tax Rate (2021 - 2026)
Pacific Biosciences Of California's (PACB) quarterly Tax Rate came in at 2.27% in Q1 2026, down 234.0% year-on-year from 1.7% in Q1 2025, and down 352.23% quarter-over-quarter from 0.5% in Q4 2025.
Pacific Biosciences Of California (PACB) Tax Rate (2021 - 2026) Analysis & Trends
Pacific Biosciences Of California's Tax Rate history runs 5 years deep, the most recent figure standing at 2.27% for Q1 2026.
- On a quarterly basis, Tax Rate fell 234.0% year-over-year to 2.27% in Q1 2026; TTM through Mar 2026 was 0.63%, a 63.0% decrease from a year earlier, with the FY2025 full-year figure at 0.06%, up 4.0% from the prior year.
- Tax Rate eased to 2.27% in Q1 2026 per PACB's latest filing, from 0.5% in the prior quarter.
- Across five years, Tax Rate topped out at 13.8% in Q3 2023 and bottomed at 2.27% in Q1 2026.
- The 4-year median for Tax Rate is 0.01% (2025), against an average of 2.83%.
- Across the five-year window, Tax Rate jumped 1089 bps in 2024 and sank 1226 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 0.87% in 2023, then surged by 1255 bps to 11.76% in 2024, then tumbled by 104 bps to 0.5% in 2025, then tumbled by 352 bps to 2.27% in 2026.
- Per Business Quant, the three latest PACB Tax Rate figures stand at 2.27% (Q1 2026), 0.5% (Q4 2025), and 1.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Pacific Biosciences Of California | 428.15 Mn | 152.18 Mn | 12.84 Mn | -2.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27% |
| Mar 31, 2026 | -2.27% |
| Mar 31, 2026 | -2.27% |
| Dec 31, 2025 | -0.50% |
| Dec 31, 2025 | -0.50% |
| Dec 31, 2025 | -0.50% |
| Sep 30, 2025 | -1.02% |
| Sep 30, 2025 | -1.02% |
| Sep 30, 2025 | -1.02% |
| Jun 30, 2025 | -0.08% |
| Jun 30, 2025 | -0.08% |
| Jun 30, 2025 | -0.08% |
| Mar 31, 2025 | 0.07% |
| Mar 31, 2025 | 0.07% |
| Mar 31, 2025 | 0.07% |
| Dec 31, 2024 | 11.76% |
| Dec 31, 2024 | 11.76% |
| Dec 31, 2024 | 11.76% |
| Dec 31, 2023 | 0.87% |
| Dec 31, 2023 | 0.87% |