Jun 2026 (Q2 FY26) — Aug 5, 2026
PACB Q2 FY26 — Spark Next Rollout and CEO Transition Amidst Revised Outlook
Read the full callPacific Biosciences of California earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 39.0 | −1.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -114.4 | −1.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -44.7 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
1Y: $1.64 on 17 Oct 2025 → $1.84. High $2.87 (5 Oct 2026), low $1.11 (12 Aug 2026).
Overview
Call summaries
PACB Q2 FY26 — Spark Next Rollout and CEO Transition Amidst Revised Outlook
Read the full callEvery analysed call
Financials
Net profit, year on year: −7% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 40 | 39 | 37 | 40 | 38 | 45 | 37 | 39 |
| Operating profit | -64 | -153 | -429 | -45 | -39 | -41 | -8 | -45 |
| Operating margin | −160.3% | −390.1% | −1154.5% | −112.8% | −101.1% | −92.3% | −22.5% | −114.4% |
| Interest | 4 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -61 | 3 | -426 | -42 | -38 | -40 | -8 | -45 |
| Tax rate | 0.0% | 11.8% | 0.1% | −0.1% | −1.0% | −0.5% | −2.3% | −0.1% |
| Net profit | -61 | 2 | -426 | -42 | -38 | -40 | -8 | -45 |
| EPS ($ per share) | -0.22 | — | -1.44 | -0.14 | -0.13 | — | -0.03 | -0.14 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -982 | -1,066 | -1,037 | -1,218 | -1,532 | -1,839 | -2,149 | -2,695 |
| Total liabilities | 56 | 93 | 78 | 1,216 | 1,204 | 1,045 | 754 | 779 |
| Fixed assets | 34 | 30 | 25 | 33 | 42 | 36 | 31 | 24 |
| Investments | 84 | 19 | 237 | 584 | 447 | 452 | 335 | 216 |
| Total assets | 170 | 148 | 414 | 2,007 | 1,767 | 1,746 | 1,260 | 784 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -66 | -78 | 20 | -111 | -263 | -259 | -206 | -111 |
| Cash from investing | -38 | 62 | -219 | -679 | 116 | 5 | 124 | 115 |
| Cash from financing | 107 | 27 | 252 | 1,170 | 10 | 109 | -43 | 3 |
| Net cash flow | — | — | — | 380 | -138 | -146 | -125 | 8 |
| Capital expenditure | -2 | -3 | -1 | -6 | -17 | -9 | -6 | -3 |
| Free cash flow | -68 | -81 | 18 | -117 | -280 | -268 | -212 | -114 |
20 filings between Feb 17, 2026 and Oct 6, 2026.
Purchases
None
No insider bought shares.
Sales
$3.37M
12 sales by 4 insiders
8% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Gibson James R II | — | $2.18M | Oct 6, 2026 |
| HENRY CHRISTIAN O | — | $771.3K | Mar 3, 2026 |
| Van Oene Mark | — | $334.6K | Aug 17, 2026 |
| Farmer Michele | — | $84.4K | Mar 3, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 6, 2026 | Gibson James R II See Remarks | Option exercise 10b5-1 plan | 500,000 | $590.0K |
| Oct 6, 2026 | Gibson James R II See Remarks | Sale 10b5-1 plan | 661,815 | $2.06M |
| Aug 17, 2026 | Van Oene Mark See Remarks | Sale | 26,911 | $30.4K |
| Aug 10, 2026 | Van Oene Mark See Remarks | Award | 489,130 | $0 |
| Apr 8, 2026 | Gibson Christopher Director | Award | 57,473 | $0 |
| Apr 1, 2026 | Gibson James R II See Remarks | Sale | 88,185 | $120.8K |
| Mar 3, 2026 | Gibson Christopher Director | Award | 53,913 | $0 |
| Mar 3, 2026 | HENRY CHRISTIAN O See Remarks | Sale | 12,497 | $18.9K |
| Mar 3, 2026 | Van Oene Mark See Remarks | Sale | 6,504 | $9.8K |
| Mar 3, 2026 | Farmer Michele See Remarks | Sale | 2,979 | $4.5K |
| Feb 27, 2026 | Gibson James R II See Remarks | Award | 333,848 | $0 |
| Feb 27, 2026 | Farmer Michele See Remarks | Award | 89,835 | $0 |
| Feb 27, 2026 | HENRY CHRISTIAN O See Remarks | Award | 920,810 | $0 |
| Feb 27, 2026 | Van Oene Mark See Remarks | Award | 500,000 | $0 |
| Feb 18, 2026 | Van Oene Mark See Remarks | Sale | 55,107 | $89.8K |
| Feb 18, 2026 | Farmer Michele See Remarks | Sale | 14,952 | $24.4K |
| Feb 18, 2026 | HENRY CHRISTIAN O See Remarks | Sale | 140,874 | $229.5K |
| Feb 17, 2026 | HENRY CHRISTIAN O See Remarks | Sale | 331,793 | $522.9K |
| Feb 17, 2026 | Van Oene Mark See Remarks | Sale | 129,790 | $204.5K |
| Feb 17, 2026 | Farmer Michele See Remarks | Sale | 35,215 | $55.5K |
| Aug 18, 2025 | Van Oene Mark See Remarks | Sale | 26,836 | $35.2K |
| May 19, 2025 | Farmer Michele See Remarks | Sale | 5,195 | $5.2K |
| Mar 31, 2025 | Gibson James R II See Remarks | Award | 1,000,000 | $0 |
| Mar 19, 2025 | Farmer Michele See Remarks | Award | 89,835 | $0 |
| Mar 19, 2025 | Van Oene Mark See Remarks | Award | 449,176 | $0 |
| Mar 19, 2025 | HENRY CHRISTIAN O See Remarks | Award | 920,810 | $0 |
| Mar 3, 2025 | HENRY CHRISTIAN O See Remarks | Sale | 12,497 | $17.6K |
| Mar 3, 2025 | Farmer Michele See Remarks | Sale | 2,973 | $4.2K |
| Mar 3, 2025 | Van Oene Mark See Remarks | Sale | 6,486 | $9.1K |
| Feb 18, 2025 | HENRY CHRISTIAN O See Remarks | Sale | 259,909 | $488.1K |
| Feb 18, 2025 | Farmer Michele See Remarks | Sale | 24,349 | $45.7K |
| Feb 18, 2025 | Van Oene Mark See Remarks | Sale | 100,773 | $189.3K |
| Jan 30, 2025 | Smith Christopher M Director | Award | 54,099 | $0 |
| Jan 10, 2025 | Van Oene Mark See Remarks | Sale | 34,405 | $70.0K |
| Sep 30, 2024 | Kim Susan G. See Remarks | Sale | 19,782 | $34.1K |
| Sep 16, 2024 | HENRY CHRISTIAN O See Remarks | Sale | 98,907 | $172.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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