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Side-by-side financial comparison of PACIFIC BIOSCIENCES OF CALIFORNIA, INC. (PACB) and RBB Bancorp (RBB). 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 $32.3M, roughly 1.4× RBB Bancorp). RBB Bancorp runs the higher net margin — 31.5% vs -90.4%, a 121.9% gap on every dollar of revenue. On growth, PACIFIC BIOSCIENCES OF CALIFORNIA, INC. posted the faster year-over-year revenue change (13.8% vs 12.6%). RBB Bancorp produced more free cash flow last quarter ($42.6M vs $-19.9M). Over the past eight quarters, PACIFIC BIOSCIENCES OF CALIFORNIA, INC.'s revenue compounded faster (7.3% CAGR vs 7.0%).

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.

RBB Bancorp is a US-based financial holding company that operates Royal Business Bank as its primary banking subsidiary. It caters mainly to Asian American communities, small and medium-sized enterprises, real estate investors, and retail clients, offering comprehensive commercial banking, consumer lending, deposit services, and wealth management solutions across branches in key US coastal metropolitan areas.

PACB vs RBB — Head-to-Head

Bigger by revenue
PACB
PACB
1.4× larger
PACB
$44.6M
$32.3M
RBB
Growing faster (revenue YoY)
PACB
PACB
+1.2% gap
PACB
13.8%
12.6%
RBB
Higher net margin
RBB
RBB
121.9% more per $
RBB
31.5%
-90.4%
PACB
More free cash flow
RBB
RBB
$62.5M more FCF
RBB
$42.6M
$-19.9M
PACB
Faster 2-yr revenue CAGR
PACB
PACB
Annualised
PACB
7.3%
7.0%
RBB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PACB
PACB
RBB
RBB
Revenue
$44.6M
$32.3M
Net Profit
$-40.4M
$10.2M
Gross Margin
37.1%
Operating Margin
-92.3%
39.5%
Net Margin
-90.4%
31.5%
Revenue YoY
13.8%
12.6%
Net Profit YoY
-1802.7%
132.1%
EPS (diluted)
$-0.11
$0.59

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
PACB
PACB
RBB
RBB
Q4 25
$44.6M
$32.3M
Q3 25
$38.4M
$32.6M
Q2 25
$39.8M
$35.8M
Q1 25
$37.2M
$28.5M
Q4 24
$39.2M
$28.7M
Q3 24
$40.0M
$30.3M
Q2 24
$36.0M
$27.5M
Q1 24
$38.8M
$28.2M
Net Profit
PACB
PACB
RBB
RBB
Q4 25
$-40.4M
$10.2M
Q3 25
$-38.0M
$10.1M
Q2 25
$-41.9M
$9.3M
Q1 25
$-426.1M
$2.3M
Q4 24
$2.4M
$4.4M
Q3 24
$-60.7M
$7.0M
Q2 24
$-173.3M
$7.2M
Q1 24
$-78.2M
$8.0M
Gross Margin
PACB
PACB
RBB
RBB
Q4 25
37.1%
Q3 25
41.4%
Q2 25
36.9%
Q1 25
-3.7%
Q4 24
25.6%
Q3 24
25.0%
Q2 24
16.5%
Q1 24
29.1%
Operating Margin
PACB
PACB
RBB
RBB
Q4 25
-92.3%
39.5%
Q3 25
-101.1%
40.7%
Q2 25
-112.8%
36.1%
Q1 25
-1154.5%
11.2%
Q4 24
-390.1%
17.6%
Q3 24
-160.3%
31.6%
Q2 24
-488.3%
35.6%
Q1 24
-209.6%
39.9%
Net Margin
PACB
PACB
RBB
RBB
Q4 25
-90.4%
31.5%
Q3 25
-98.9%
31.2%
Q2 25
-105.4%
26.1%
Q1 25
-1146.8%
8.0%
Q4 24
6.0%
15.3%
Q3 24
-151.9%
23.1%
Q2 24
-481.3%
26.4%
Q1 24
-201.4%
28.4%
EPS (diluted)
PACB
PACB
RBB
RBB
Q4 25
$-0.11
$0.59
Q3 25
$-0.13
$0.59
Q2 25
$-0.14
$0.52
Q1 25
$-1.44
$0.13
Q4 24
$-0.44
$0.26
Q3 24
$-0.22
$0.39
Q2 24
$-0.64
$0.39
Q1 24
$-0.29
$0.43

Balance Sheet & Financial Strength

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

Metric
PACB
PACB
RBB
RBB
Cash + ST InvestmentsLiquidity on hand
$279.5M
$212.3M
Total DebtLower is stronger
$119.9M
Stockholders' EquityBook value
$5.3M
$523.4M
Total Assets
$784.1M
$4.2B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PACB
PACB
RBB
RBB
Q4 25
$279.5M
$212.3M
Q3 25
$298.7M
$234.9M
Q2 25
$314.7M
$191.9M
Q1 25
$343.1M
$238.8M
Q4 24
$389.9M
$257.7M
Q3 24
$471.1M
$349.4M
Q2 24
$509.8M
$252.8M
Q1 24
$561.9M
Total Debt
PACB
PACB
RBB
RBB
Q4 25
$119.9M
Q3 25
$119.8M
Q2 25
$119.7M
Q1 25
$119.6M
Q4 24
$119.5M
Q3 24
$119.4M
Q2 24
$119.3M
Q1 24
$119.2M
Stockholders' Equity
PACB
PACB
RBB
RBB
Q4 25
$5.3M
$523.4M
Q3 25
$36.1M
$514.3M
Q2 25
$61.5M
$517.7M
Q1 25
$91.6M
$510.3M
Q4 24
$506.6M
$507.9M
Q3 24
$453.1M
$509.7M
Q2 24
$492.7M
$511.3M
Q1 24
$649.0M
$514.0M
Total Assets
PACB
PACB
RBB
RBB
Q4 25
$784.1M
$4.2B
Q3 25
$803.2M
$4.2B
Q2 25
$825.5M
$4.1B
Q1 25
$860.8M
$4.0B
Q4 24
$1.3B
$4.0B
Q3 24
$1.5B
$4.0B
Q2 24
$1.5B
$3.9B
Q1 24
$1.7B
$3.9B
Debt / Equity
PACB
PACB
RBB
RBB
Q4 25
0.23×
Q3 25
0.23×
Q2 25
0.23×
Q1 25
0.23×
Q4 24
0.24×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.23×

Cash Flow & Capital Efficiency

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

Metric
PACB
PACB
RBB
RBB
Operating Cash FlowLast quarter
$-19.1M
$43.4M
Free Cash FlowOCF − Capex
$-19.9M
$42.6M
FCF MarginFCF / Revenue
-44.6%
131.8%
Capex IntensityCapex / Revenue
1.9%
2.5%
Cash ConversionOCF / Net Profit
4.26×
TTM Free Cash FlowTrailing 4 quarters
$-114.1M
$73.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PACB
PACB
RBB
RBB
Q4 25
$-19.1M
$43.4M
Q3 25
$-18.7M
$2.1M
Q2 25
$-29.4M
$21.7M
Q1 25
$-44.1M
$7.8M
Q4 24
$-30.6M
$58.5M
Q3 24
$-45.5M
$24.5M
Q2 24
$-54.3M
$11.7M
Q1 24
$-75.7M
$4.8M
Free Cash Flow
PACB
PACB
RBB
RBB
Q4 25
$-19.9M
$42.6M
Q3 25
$-18.8M
$1.8M
Q2 25
$-29.9M
$21.6M
Q1 25
$-45.4M
$7.6M
Q4 24
$-32.3M
$57.7M
Q3 24
$-46.3M
$24.2M
Q2 24
$-55.7M
$11.5M
Q1 24
$-79.6M
$4.7M
FCF Margin
PACB
PACB
RBB
RBB
Q4 25
-44.6%
131.8%
Q3 25
-48.9%
5.4%
Q2 25
-75.3%
60.2%
Q1 25
-122.3%
26.7%
Q4 24
-82.3%
201.0%
Q3 24
-115.7%
80.0%
Q2 24
-154.8%
42.0%
Q1 24
-205.0%
16.6%
Capex Intensity
PACB
PACB
RBB
RBB
Q4 25
1.9%
2.5%
Q3 25
0.2%
1.1%
Q2 25
1.4%
0.3%
Q1 25
3.7%
0.6%
Q4 24
4.1%
2.7%
Q3 24
2.0%
0.8%
Q2 24
4.1%
0.5%
Q1 24
10.0%
0.5%
Cash Conversion
PACB
PACB
RBB
RBB
Q4 25
4.26×
Q3 25
0.21×
Q2 25
2.32×
Q1 25
3.39×
Q4 24
-12.93×
13.34×
Q3 24
3.50×
Q2 24
1.61×
Q1 24
0.60×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PACB
PACB

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

RBB
RBB

Segment breakdown not available.

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