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Side-by-side financial comparison of EyePoint, Inc. (EYPT) and PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB). Click either name above to swap in a different company.

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. is the larger business by last-quarter revenue ($44.6M vs $619.0K, roughly 72.1× EyePoint, Inc.). PACIFIC BIOSCIENCES OF CALIFORNIA, INC. runs the higher net margin — -90.4% vs -10922.3%, a 10831.9% gap on every dollar of revenue. On growth, PACIFIC BIOSCIENCES OF CALIFORNIA, INC. posted the faster year-over-year revenue change (13.8% vs -94.7%). PACIFIC BIOSCIENCES OF CALIFORNIA, INC. produced more free cash flow last quarter ($-19.9M vs $-66.0M). Over the past eight quarters, PACIFIC BIOSCIENCES OF CALIFORNIA, INC.'s revenue compounded faster (7.3% CAGR vs -77.0%).

EyePoint Pharmaceuticals Inc. is a Watertown, Massachusetts company specialising in the application of microelectromechanical systems (MEMS) and nanotechnology to drug delivery.

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

EYPT vs PACB — Head-to-Head

Bigger by revenue
PACB
PACB
72.1× larger
PACB
$44.6M
$619.0K
EYPT
Growing faster (revenue YoY)
PACB
PACB
+108.5% gap
PACB
13.8%
-94.7%
EYPT
Higher net margin
PACB
PACB
10831.9% more per $
PACB
-90.4%
-10922.3%
EYPT
More free cash flow
PACB
PACB
$46.1M more FCF
PACB
$-19.9M
$-66.0M
EYPT
Faster 2-yr revenue CAGR
PACB
PACB
Annualised
PACB
7.3%
-77.0%
EYPT

Income Statement — Q4 2025 vs Q4 2025

Metric
EYPT
EYPT
PACB
PACB
Revenue
$619.0K
$44.6M
Net Profit
$-67.6M
$-40.4M
Gross Margin
37.1%
Operating Margin
-11364.3%
-92.3%
Net Margin
-10922.3%
-90.4%
Revenue YoY
-94.7%
13.8%
Net Profit YoY
-63.3%
-1802.7%
EPS (diluted)
$-0.82
$-0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EYPT
EYPT
PACB
PACB
Q4 25
$619.0K
$44.6M
Q3 25
$966.0K
$38.4M
Q2 25
$5.3M
$39.8M
Q1 25
$24.5M
$37.2M
Q4 24
$11.6M
$39.2M
Q3 24
$10.5M
$40.0M
Q2 24
$9.5M
$36.0M
Q1 24
$11.7M
$38.8M
Net Profit
EYPT
EYPT
PACB
PACB
Q4 25
$-67.6M
$-40.4M
Q3 25
$-59.7M
$-38.0M
Q2 25
$-59.4M
$-41.9M
Q1 25
$-45.2M
$-426.1M
Q4 24
$-41.4M
$2.4M
Q3 24
$-29.4M
$-60.7M
Q2 24
$-30.8M
$-173.3M
Q1 24
$-29.3M
$-78.2M
Gross Margin
EYPT
EYPT
PACB
PACB
Q4 25
37.1%
Q3 25
41.4%
Q2 25
36.9%
Q1 25
-3.7%
Q4 24
25.6%
Q3 24
93.0%
25.0%
Q2 24
85.2%
16.5%
Q1 24
93.5%
29.1%
Operating Margin
EYPT
EYPT
PACB
PACB
Q4 25
-11364.3%
-92.3%
Q3 25
-6420.8%
-101.1%
Q2 25
-1166.8%
-112.8%
Q1 25
-199.7%
-1154.5%
Q4 24
-390.4%
-390.1%
Q3 24
-311.2%
-160.3%
Q2 24
-364.5%
-488.3%
Q1 24
-285.2%
-209.6%
Net Margin
EYPT
EYPT
PACB
PACB
Q4 25
-10922.3%
-90.4%
Q3 25
-6183.4%
-98.9%
Q2 25
-1114.3%
-105.4%
Q1 25
-184.8%
-1146.8%
Q4 24
-357.3%
6.0%
Q3 24
-279.0%
-151.9%
Q2 24
-325.3%
-481.3%
Q1 24
-250.6%
-201.4%
EPS (diluted)
EYPT
EYPT
PACB
PACB
Q4 25
$-0.82
$-0.11
Q3 25
$-0.85
$-0.13
Q2 25
$-0.85
$-0.14
Q1 25
$-0.65
$-1.44
Q4 24
$-0.65
$-0.44
Q3 24
$-0.54
$-0.22
Q2 24
$-0.58
$-0.64
Q1 24
$-0.55
$-0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EYPT
EYPT
PACB
PACB
Cash + ST InvestmentsLiquidity on hand
$306.1M
$279.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$306.1M
$5.3M
Total Assets
$364.0M
$784.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EYPT
EYPT
PACB
PACB
Q4 25
$306.1M
$279.5M
Q3 25
$204.0M
$298.7M
Q2 25
$255.7M
$314.7M
Q1 25
$318.2M
$343.1M
Q4 24
$370.9M
$389.9M
Q3 24
$253.8M
$471.1M
Q2 24
$280.2M
$509.8M
Q1 24
$299.3M
$561.9M
Stockholders' Equity
EYPT
EYPT
PACB
PACB
Q4 25
$306.1M
$5.3M
Q3 25
$200.2M
$36.1M
Q2 25
$246.0M
$61.5M
Q1 25
$298.4M
$91.6M
Q4 24
$336.5M
$506.6M
Q3 24
$218.7M
$453.1M
Q2 24
$228.3M
$492.7M
Q1 24
$249.9M
$649.0M
Total Assets
EYPT
EYPT
PACB
PACB
Q4 25
$364.0M
$784.1M
Q3 25
$251.7M
$803.2M
Q2 25
$301.1M
$825.5M
Q1 25
$362.6M
$860.8M
Q4 24
$418.5M
$1.3B
Q3 24
$300.9M
$1.5B
Q2 24
$324.2M
$1.5B
Q1 24
$329.2M
$1.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EYPT
EYPT
PACB
PACB
Operating Cash FlowLast quarter
$-65.0M
$-19.1M
Free Cash FlowOCF − Capex
$-66.0M
$-19.9M
FCF MarginFCF / Revenue
-10667.7%
-44.6%
Capex IntensityCapex / Revenue
159.3%
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-243.4M
$-114.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EYPT
EYPT
PACB
PACB
Q4 25
$-65.0M
$-19.1M
Q3 25
$-59.4M
$-18.7M
Q2 25
$-62.6M
$-29.4M
Q1 25
$-53.1M
$-44.1M
Q4 24
$-35.8M
$-30.6M
Q3 24
$-39.0M
$-45.5M
Q2 24
$-20.2M
$-54.3M
Q1 24
$-31.2M
$-75.7M
Free Cash Flow
EYPT
EYPT
PACB
PACB
Q4 25
$-66.0M
$-19.9M
Q3 25
$-60.2M
$-18.8M
Q2 25
$-63.8M
$-29.9M
Q1 25
$-53.4M
$-45.4M
Q4 24
$-36.2M
$-32.3M
Q3 24
$-40.6M
$-46.3M
Q2 24
$-21.1M
$-55.7M
Q1 24
$-32.4M
$-79.6M
FCF Margin
EYPT
EYPT
PACB
PACB
Q4 25
-10667.7%
-44.6%
Q3 25
-6226.9%
-48.9%
Q2 25
-1196.5%
-75.3%
Q1 25
-218.4%
-122.3%
Q4 24
-312.7%
-82.3%
Q3 24
-385.8%
-115.7%
Q2 24
-222.4%
-154.8%
Q1 24
-277.0%
-205.0%
Capex Intensity
EYPT
EYPT
PACB
PACB
Q4 25
159.3%
1.9%
Q3 25
82.6%
0.2%
Q2 25
22.9%
1.4%
Q1 25
1.1%
3.7%
Q4 24
3.3%
4.1%
Q3 24
15.0%
2.0%
Q2 24
9.5%
4.1%
Q1 24
10.2%
10.0%
Cash Conversion
EYPT
EYPT
PACB
PACB
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-12.93×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EYPT
EYPT

Segment breakdown not available.

PACB
PACB

Products$39.0M87%
Service And Other$5.7M13%

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