Pacific Biosciences Of California (PACB) Tax Rate (2024)
Pacific Biosciences Of California (PACB) reported Tax Rate of -0.13% for Q2 2026, down 0.05 percentage points from -0.08% a year earlier but up 2.14 percentage points from the prior quarter.
Pacific Biosciences Of California (PACB) Tax Rate (2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Pacific Biosciences Of California's Tax Rate came in at -0.63%, down 0.62 percentage points year-over-year; for FY2025, it came in at -0.06%, up 0.04 percentage points from FY2024.
- Tax Rate has a four-year change of -34.13 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at -0.10% in FY2024 (-3.69 pp), 3.59% in FY2023 and 34.07% in FY2021.
- Five-year quarterly Tax Rate spans a low of -2.27% in Q1 2026 and a high of 121.13% in Q3 2021.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of -0.94 percentage points over the last four quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at -2.27% (Q1 2026), -0.50% (Q4 2025) and -1.02% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 17.02% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 18.41% |
| 10 | Pacific Biosciences Of California | 703.42 Mn | -288.34 Mn | 13.47 Mn | - |
Pacific Biosciences Of California Tax Rate 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=tax-rate&ticker=PACB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PACB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();