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Side-by-side financial comparison of Pacira BioSciences, Inc. (PCRX) and PennyMac Mortgage Investment Trust (PMT). Click either name above to swap in a different company.

Pacira BioSciences, Inc. is the larger business by last-quarter revenue ($177.4M vs $93.6M, roughly 1.9× PennyMac Mortgage Investment Trust). PennyMac Mortgage Investment Trust runs the higher net margin — 56.0% vs 1.6%, a 54.3% gap on every dollar of revenue. On growth, Pacira BioSciences, Inc. posted the faster year-over-year revenue change (5.0% vs -13.3%). Over the past eight quarters, PennyMac Mortgage Investment Trust's revenue compounded faster (12.3% CAGR vs -0.2%).

Pacira BioSciences, Inc. is a specialty pharmaceutical company focused on developing and commercializing non-opioid pain management solutions. Its core product line targets post-surgical pain relief for patients, serving hospitals, ambulatory surgery centers and other healthcare providers primarily in the U.S., with ongoing expansion efforts in select international markets.

PennyMac Mortgage Investment Trust is a U.S.-headquartered real estate investment trust specializing in residential mortgage assets. It invests in performing and non-performing mortgage loans, mortgage-backed securities, and credit risk transfer instruments, operating across investment management and mortgage servicing segments in the U.S. housing market.

PCRX vs PMT — Head-to-Head

Bigger by revenue
PCRX
PCRX
1.9× larger
PCRX
$177.4M
$93.6M
PMT
Growing faster (revenue YoY)
PCRX
PCRX
+18.3% gap
PCRX
5.0%
-13.3%
PMT
Higher net margin
PMT
PMT
54.3% more per $
PMT
56.0%
1.6%
PCRX
Faster 2-yr revenue CAGR
PMT
PMT
Annualised
PMT
12.3%
-0.2%
PCRX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PCRX
PCRX
PMT
PMT
Revenue
$177.4M
$93.6M
Net Profit
$2.9M
$52.4M
Gross Margin
Operating Margin
3.9%
38.6%
Net Margin
1.6%
56.0%
Revenue YoY
5.0%
-13.3%
Net Profit YoY
12.5%
EPS (diluted)
$0.07
$0.49

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
PCRX
PCRX
PMT
PMT
Q1 26
$177.4M
Q4 25
$196.9M
$93.6M
Q3 25
$179.5M
$99.2M
Q2 25
$181.1M
$70.2M
Q1 25
$168.9M
$44.5M
Q4 24
$187.3M
$107.9M
Q3 24
$168.6M
$80.9M
Q2 24
$178.0M
$71.2M
Net Profit
PCRX
PCRX
PMT
PMT
Q1 26
$2.9M
Q4 25
$52.4M
Q3 25
$5.4M
$58.3M
Q2 25
$-4.8M
$7.5M
Q1 25
$4.8M
$9.7M
Q4 24
$46.5M
Q3 24
$-143.5M
$41.4M
Q2 24
$18.9M
$25.4M
Gross Margin
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
79.5%
Q3 25
80.9%
Q2 25
77.4%
Q1 25
79.7%
Q4 24
78.7%
Q3 24
76.9%
Q2 24
75.1%
Operating Margin
PCRX
PCRX
PMT
PMT
Q1 26
3.9%
Q4 25
1.2%
38.6%
Q3 25
3.5%
47.4%
Q2 25
4.7%
24.2%
Q1 25
1.2%
-14.2%
Q4 24
13.2%
51.1%
Q3 24
-82.8%
32.8%
Q2 24
15.9%
40.2%
Net Margin
PCRX
PCRX
PMT
PMT
Q1 26
1.6%
Q4 25
56.0%
Q3 25
3.0%
58.7%
Q2 25
-2.7%
10.7%
Q1 25
2.8%
21.8%
Q4 24
43.1%
Q3 24
-85.1%
51.2%
Q2 24
10.6%
35.7%
EPS (diluted)
PCRX
PCRX
PMT
PMT
Q1 26
$0.07
Q4 25
$0.05
$0.49
Q3 25
$0.12
$0.55
Q2 25
$-0.11
$-0.04
Q1 25
$0.10
$-0.01
Q4 24
$0.38
$0.45
Q3 24
$-3.11
$0.36
Q2 24
$0.39
$0.17

Balance Sheet & Financial Strength

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

Metric
PCRX
PCRX
PMT
PMT
Cash + ST InvestmentsLiquidity on hand
$144.3M
$190.5M
Total DebtLower is stronger
$1.1B
Stockholders' EquityBook value
$653.9M
$1.9B
Total Assets
$1.2B
$21.3B
Debt / EquityLower = less leverage
0.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCRX
PCRX
PMT
PMT
Q1 26
$144.3M
Q4 25
$238.4M
$190.5M
Q3 25
$246.3M
$181.0M
Q2 25
$445.9M
$108.6M
Q1 25
$493.6M
$204.2M
Q4 24
$484.6M
$103.2M
Q3 24
$453.8M
$102.8M
Q2 24
$404.2M
$336.3M
Total Debt
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
$372.2M
$1.1B
Q3 25
$376.7M
$299.0M
Q2 25
$580.5M
$1.2B
Q1 25
$583.4M
$968.4M
Q4 24
$585.3M
$1.0B
Q3 24
$5.2B
Q2 24
$5.4B
Stockholders' Equity
PCRX
PCRX
PMT
PMT
Q1 26
$653.9M
Q4 25
$693.1M
$1.9B
Q3 25
$727.2M
$1.9B
Q2 25
$757.8M
$1.9B
Q1 25
$798.5M
$1.9B
Q4 24
$778.3M
$1.9B
Q3 24
$749.6M
$1.9B
Q2 24
$879.3M
$1.9B
Total Assets
PCRX
PCRX
PMT
PMT
Q1 26
$1.2B
Q4 25
$1.3B
$21.3B
Q3 25
$1.3B
$18.5B
Q2 25
$1.5B
$16.8B
Q1 25
$1.6B
$14.9B
Q4 24
$1.6B
$14.4B
Q3 24
$1.5B
$13.1B
Q2 24
$1.6B
$12.1B
Debt / Equity
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
0.54×
0.58×
Q3 25
0.52×
0.16×
Q2 25
0.77×
0.65×
Q1 25
0.73×
0.51×
Q4 24
0.75×
0.52×
Q3 24
2.70×
Q2 24
2.76×

Cash Flow & Capital Efficiency

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

Metric
PCRX
PCRX
PMT
PMT
Operating Cash FlowLast quarter
$-7.2B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-137.76×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
$43.7M
$-7.2B
Q3 25
$60.8M
$-1.3B
Q2 25
$12.0M
$-2.0B
Q1 25
$35.5M
$-594.3M
Q4 24
$33.1M
$-2.7B
Q3 24
$53.9M
$-983.8M
Q2 24
$53.2M
$243.8M
Free Cash Flow
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
$43.5M
Q3 25
$57.0M
Q2 25
$9.3M
Q1 25
$26.9M
Q4 24
$31.0M
Q3 24
$49.8M
Q2 24
$51.6M
FCF Margin
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
22.1%
Q3 25
31.7%
Q2 25
5.1%
Q1 25
15.9%
Q4 24
16.6%
Q3 24
29.6%
Q2 24
29.0%
Capex Intensity
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
0.1%
Q3 25
2.2%
Q2 25
1.5%
Q1 25
5.1%
Q4 24
1.1%
Q3 24
2.4%
Q2 24
0.9%
Cash Conversion
PCRX
PCRX
PMT
PMT
Q1 26
Q4 25
-137.76×
Q3 25
11.20×
-22.26×
Q2 25
-267.53×
Q1 25
7.37×
-61.39×
Q4 24
-58.08×
Q3 24
-23.76×
Q2 24
2.82×
9.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCRX
PCRX

EXPAREL$143.3M81%
ZILRETTA$26.8M15%
iovera°$6.2M3%
Bupivacaine liposome injectable suspension$1.2M1%

PMT
PMT

Other$55.0M59%
Interest Rate Sensitive Strategies$31.4M34%
Correspondent Production$7.2M8%

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