Pacific Biosciences Of California (PACB) Tax Rate (2021 - 2026)
Pacific Biosciences Of California's 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 has reported Tax Rate for 5 years, with the latest figure at 2.27% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 234.0% year-over-year to 2.27%; the trailing twelve-month figure through Mar 2026 stood at 0.63% (down 63.0% YoY), and the FY2025 full-year result was 0.06%, up 4.0% from the prior year.
- Tax Rate for Q1 2026 stood at 2.27%, down from 0.5% in the prior quarter.
- The five-year high for Tax Rate was 13.8% in Q3 2023, with the low at 2.27% in Q1 2026.
- Average Tax Rate over 4 years is 2.83%, with a median of 0.01% recorded in 2025.
- Year-over-year, Tax Rate jumped 1089 bps in 2024 and sank 1226 bps in 2025.
- Tracing PACB's Tax Rate over 4 years: stood at 0.87% in 2023, then soared by 1255 bps to 11.76% in 2024, then plunged by 104 bps to 0.5% in 2025, then plunged by 352 bps to 2.27% in 2026.
- The last three Tax Rate figures came in at 2.27% (Q1 2026), 0.5% (Q4 2025), and 1.02% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 25.67 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.35 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 18.09 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | -15.15 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 17.06 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -23.16 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 25.97 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 18.61 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 27.65 |
| 10 | Pacific Biosciences Of California | 481.66 Mn | 205.70 Mn | 12.84 Mn | -2.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.27 |
| Mar 31, 2026 | -2.27 |
| Dec 31, 2025 | -0.50 |
| Dec 31, 2025 | -0.50 |
| Sep 30, 2025 | -1.02 |
| Sep 30, 2025 | -1.02 |
| Jun 30, 2025 | -0.08 |
| Jun 30, 2025 | -0.08 |
| Mar 31, 2025 | 0.07 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 11.76 |
| Dec 31, 2024 | 11.76 |
| Dec 31, 2023 | 0.87 |
| Dec 31, 2023 | 0.87 |
| Sep 30, 2023 | 13.80 |
| Sep 30, 2023 | 13.80 |
| Dec 31, 2021 | -1.72 |
| Dec 31, 2021 | -1.72 |