Pacira BioSciences, Inc.
Business
Pacira BioSciences, Inc. is a biopharmaceutical company delivering non-opioid pain therapies. Its commercialized products include EXPAREL (bupivacaine liposome injection for postsurgical pain), ZILRETTA (triamcinolone acetonide extended-release injection for osteoarthritis knee pain), and iovera° (handheld cryoanalgesia device for pain management). The company operates three primary product lines plus a pipeline including PCRX-201, a gene therapy in Phase 2 development for knee osteoarthritis. Products are distributed to U.S. healthcare providers including surgeons, anesthesiologists, orthopedists and pain specialists through a direct sales force and strategic partnerships.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenues | 726 | 701 | 675 | 667 | 542 | |
| Cost of goods sold | 150 | 170 | 185 | 199 | 140 | |
| Research and development | 117 | 82 | 76 | 85 | 56 | |
| Selling, general and administrative | 369 | 294 | 269 | 255 | 199 | |
| Amortization of acquired intangible assets | 57 | 57 | 57 | 57 | 14 | |
| Goodwill impairment | 0 | 163 | 0 | 0 | — | |
| Contingent consideration gains, acquisition-related expenses, restructuring and other | 14 | 8 | −352,000 | 11 | 43 | |
| Total operating expenses | 707 | 774 | 587 | 607 | 452 | |
| Income (loss) from operations | 19 | −73 | 88 | 60 | 90 | |
| Interest income | 23 | 20 | 11 | 5 | 896,000 | |
| Interest expense | −17 | −17 | −20 | −40 | — | |
| (Loss) gain on early extinguishment of debt | −983,000 | 8 | −17 | 0 | 0 | |
| Other, net | −7 | −373,000 | −186,000 | −11 | −3 | |
| Total other (expense) income, net | −2 | 10 | −26 | −47 | −34 | |
| Income (loss) before income taxes | 17 | −63 | 62 | 13 | 56 | |
| Income tax expense | −10 | −36 | −20 | 3 | −14 | |
| Net income (loss) | 7 | −100 | 42 | 16 | 42 | |
| Basic net income (loss) per common share (in dollars per share) | 0.16 | −2.15 | 0.91 | 0.35 | 0.95 | |
| Diluted net income (loss) per common share (in dollars per share) | 0.16 | −2.15 | 0.89 | 0.34 | 0.92 | |
| Basic (in shares) | 45 | 46 | 46 | 46 | 44 | |
| Diluted (in shares) | 45 | 46 | 52 | 47 | 46 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 159 | 277 | 153 | 104 | 586 | |
| Short-term available-for-sale investments | 80 | 208 | 125 | 185 | 71 | |
| Accounts receivable, net | 124 | 113 | 106 | 98 | 96 | |
| Inventories, net | 153 | 125 | 104 | 96 | 99 | |
| Prepaid expenses and other current assets | 33 | 22 | 22 | 15 | 15 | |
| Total current assets | 548 | 745 | 510 | 498 | 866 | |
| Fixed assets, net | 141 | 167 | 174 | 184 | 188 | |
| Right-of-use assets, net | 42 | 49 | 61 | 71 | 76 | |
| Goodwill | 20 | 0 | 163 | 163 | 145 | |
| Intangible assets, net | 368 | 426 | 483 | 541 | 624 | |
| Deferred tax assets | 124 | 130 | 144 | 160 | 153 | |
| Investments and other assets | 22 | 36 | 36 | 27 | 22 | |
| Total assets | 1,265 | 1,554 | 1,574 | 1,681 | 2,075 | |
| Accounts payable | 15 | 19 | 16 | 15 | 11 | |
| Accrued expenses | 96 | 80 | 64 | 90 | 128 | |
| Lease liabilities | 10 | 9 | 9 | 9 | 8 | |
| Current portion of long-term debt, net | 0 | 202 | — | — | — | |
| Total current liabilities | 121 | 310 | 97 | 148 | 521 | |
| Long-term debt, net | 372 | 384 | — | — | — | |
| Lease liabilities | 36 | 45 | 55 | 65 | 72 | |
| Contingent consideration | 18 | 20 | 25 | 28 | 58 | |
| Deferred tax liabilities | 4 | 0 | — | — | — | |
| Other liabilities | 21 | 17 | 14 | 10 | 20 | |
| Total liabilities | 572 | 775 | 704 | 906 | 1,345 | |
| Commitments and contingencies (Note 20) | — | — | — | — | — | |
| Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued and outstanding at December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, par value $0.001; 250,000,000 shares authorized; 47,890,777 shares issued and 41,116,739 shares outstanding at December 31, 2025 and 47,077,844 shares issued and 46,240,604 shares outstanding at December 31, 2024 | 48,000 | 47,000 | 46,000 | 46,000 | 45,000 | |
| Treasury stock, at cost, inclusive of excise tax and broker fees, 6,774,038 and 837,240 shares at December 31, 2025 and 2024, respectively | −177 | −25 | 0 | — | — | |
| Additional paid-in capital | 1,065 | 1,009 | 977 | 924 | 942 | |
| Accumulated deficit | −199 | −206 | −107 | −149 | −212 | |
| Accumulated other comprehensive income | 4 | 343,000 | 247,000 | −380,000 | 167,000 | |
| Total stockholders equity | 693 | 778 | 870 | 775 | 730 | |
| Total liabilities and stockholders equity | 1,265 | 1,554 | 1,574 | 1,681 | 2,075 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Indefinite-lived intangible asset impairment | 26 | 0 | 0 | 26 | 0 | |
| Investment impairment | 11 | 0 | 0 | 10 | 0 | |
| Loss on lease terminations | 0 | 2 | 0 | 0 | — | |
| Deferred taxes | 6 | 21 | 16 | — | — | |
| Depreciation of fixed assets and amortization of intangible assets | 91 | 79 | 76 | 92 | 29 | |
| Amortization of debt issuance costs and debt discount | 3 | 3 | 4 | — | — | |
| Stock-based compensation | 58 | 51 | 48 | 48 | 42 | |
| Changes in contingent consideration | −2 | −4 | −3 | −29 | −989,000 | |
| Net accretion of discount on available-for-sale investments | −5 | −7 | −5 | — | — | |
| Other net (gains) losses | −6 | 236,000 | 2 | 285,000 | 3 | |
| Accounts receivable, net | −11 | −8 | −7 | −2 | −10 | |
| Inventories, net | −28 | −21 | −8 | 2 | −4 | |
| Prepaid expenses and other assets | −1 | 61,000 | −5 | −3 | 1 | |
| Accounts payable | −6 | 3 | 916,000 | 6 | −10 | |
| Accrued expenses and other liabilities | 7 | 14 | −22 | — | — | |
| Net cash provided by operating activities | 152 | 189 | 155 | 145 | 126 | |
| Acquisition of GQ Bio Therapeutics GmbH (net of cash acquired) | −17 | 0 | 0 | 0 | −420 | |
| Purchases of fixed assets | −15 | −11 | −15 | −30 | −46 | |
| Purchases of available-for-sale investments | −141 | −252 | −138 | −388 | −611 | |
| Sales of available-for-sale investments | 274 | 180 | 237 | 238 | 1,069 | |
| Purchases of debt and equity investments | −1 | 0 | −7 | −13 | −17 | |
| Net cash provided by (used in) investing activities | 99 | −83 | 78 | −225 | −21 | |
| Proceeds from exercises of stock options | 502,000 | 0 | 2 | 24 | 24 | |
| Proceeds from shares issued under employee stock purchase plan | 3 | 2 | 3 | — | — | |
| Payment of employee withholding taxes on restricted stock unit vests | −6 | −491,000 | −106,000 | 0 | 0 | |
| Purchase of treasury stock, inclusive of broker fees | −148 | −25 | 0 | 0 | — | |
| Proceeds from Revolving Credit Facility | 101 | 0 | 0 | 0 | 364 | |
| Proceeds from 2029 convertible senior notes | 0 | 288 | 0 | 0 | — | |
| Proceeds from Term loan A facility | 0 | 0 | 150 | — | — | |
| Repayment of Revolving Credit Facility | −10 | 0 | 0 | — | — | |
| Purchase of capped call transactions | 0 | −27 | 0 | 0 | — | |
| Debt extinguishment costs | 0 | 0 | −6 | 0 | 0 | |
| Payment of debt issuance and financing costs | −2 | −9 | −1 | −1 | −5 | |
| Net cash (used in) provided by financing activities | −370 | 17 | −183 | −402 | 381 | |
| Effect of exchange rate changes on cash and cash equivalents | −77,000 | 0 | 0 | — | — | |
| Net (decrease) increase in cash and cash equivalents | −118 | 123 | 49 | −481 | 486 | |
| Cash paid for interest | 15 | 15 | 28 | 33 | 7 | |
| Fixed assets included in accounts payable and accrued liabilities | 1 | 6 | 2 | 6 | 7 | |
| Share repurchases included in accrued liabilities | 2 | 0 | 0 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Pacira BioSciences, Inc.'s CIK number?
Pacira BioSciences, Inc.'s SEC CIK number is 0001396814 (1396814). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Pacira BioSciences, Inc.'s SEC filings?
All of Pacira BioSciences, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Pacira BioSciences, Inc. last report earnings?
Pacira BioSciences, Inc. (PCRX) most recently filed an earnings 8-K with the SEC on Apr 30, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-028854). This is Pacira BioSciences, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Pacira BioSciences, Inc.'s most recent earnings 8-K?
Pacira BioSciences, Inc.'s latest earnings 8-K (Item 2.02) was filed Apr 30, 2026 under accession 0001628280-26-028854. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Pacira BioSciences, Inc.'s latest earnings 8-K →
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