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Pacific Biosciences (PACB)

Pacific Biosciences (PACB)
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Pacific Biosciences of California Inc., popularly known as PacBio, develops, manufactures and markets sequencing systems, which help in studying synthesis, composition, structure and regulation of deoxyribonucleic acid, popularly known as DNA. PacBio's products are based on Single Molecule, Real-Time (SMRT) technology. SMRT generates long reads that help in assembling a whole human genome from scratch, without using an existing reference genome as a template. This process is known as de novo assembly. To observe DNA replication process smoothly, PacBio offers the SMRT Cell, Phospholinked nucleotides and The PacBio RS II System. The PacBio RS II System includes the PacBio RS II instrument, consumables and software. PacBio launched its new Sequel system based on SMRT technology. PacBio deferred the gain from the Reverse Termination Fee from Illumina until the date when the associated contingency was resolved.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 154,010 200,520 128,300 130,510 78,890
Sales Growth -23.19% +56.29% -1.69% +65.43% -13.20%
Net Income -309,850 -306,740 -314,250 -181,220 29,400
Net Income Growth -1.01% +2.39% -73.41% -716.39% +134.95%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 1,260,450 1,746,010 1,767,090 2,006,970 413,980
Total Assets Growth -27.81% -1.19% -11.95% +384.80% +179.74%
Total Liabilities 753,850 1,044,710 1,204,180 1,215,980 78,490
Total Liabilities Growth -27.84% -13.24% -0.97% +1,449.22% -15.67%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -206,060 -259,170 -263,210 -111,180 19,500
Operating Cash Flow Growth +20.49% +1.53% -136.74% -670.15% +124.90%
Net Cash Flow -125,040 -145,680 -137,510 379,870 52,020
Change in Net Cash Flow +14.17% -5.94% -136.20% +630.24% +406.03%
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