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Side-by-side financial comparison of Pacira BioSciences, Inc. (PCRX) and WAFD INC (WAFD). Click either name above to swap in a different company.

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $177.4M, roughly 1.1× Pacira BioSciences, Inc.). WAFD INC runs the higher net margin — 33.5% vs 1.6%, a 31.9% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs 5.0%). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% 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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

PCRX vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.1× larger
WAFD
$191.4M
$177.4M
PCRX
Growing faster (revenue YoY)
WAFD
WAFD
+6.8% gap
WAFD
11.8%
5.0%
PCRX
Higher net margin
WAFD
WAFD
31.9% more per $
WAFD
33.5%
1.6%
PCRX
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
-0.2%
PCRX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PCRX
PCRX
WAFD
WAFD
Revenue
$177.4M
$191.4M
Net Profit
$2.9M
$64.2M
Gross Margin
Operating Margin
3.9%
43.0%
Net Margin
1.6%
33.5%
Revenue YoY
5.0%
11.8%
Net Profit YoY
35.8%
EPS (diluted)
$0.07
$0.79

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
WAFD
WAFD
Q1 26
$177.4M
Q4 25
$196.9M
$191.4M
Q3 25
$179.5M
$188.3M
Q2 25
$181.1M
$186.3M
Q1 25
$168.9M
$179.8M
Q4 24
$187.3M
$171.1M
Q3 24
$168.6M
$188.7M
Q2 24
$178.0M
$194.4M
Net Profit
PCRX
PCRX
WAFD
WAFD
Q1 26
$2.9M
Q4 25
$64.2M
Q3 25
$5.4M
$60.6M
Q2 25
$-4.8M
$62.0M
Q1 25
$4.8M
$56.3M
Q4 24
$47.3M
Q3 24
$-143.5M
$61.1M
Q2 24
$18.9M
$64.6M
Gross Margin
PCRX
PCRX
WAFD
WAFD
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
WAFD
WAFD
Q1 26
3.9%
Q4 25
1.2%
43.0%
Q3 25
3.5%
41.2%
Q2 25
4.7%
42.8%
Q1 25
1.2%
40.1%
Q4 24
13.2%
35.2%
Q3 24
-82.8%
42.8%
Q2 24
15.9%
42.6%
Net Margin
PCRX
PCRX
WAFD
WAFD
Q1 26
1.6%
Q4 25
33.5%
Q3 25
3.0%
32.2%
Q2 25
-2.7%
33.3%
Q1 25
2.8%
31.3%
Q4 24
27.6%
Q3 24
-85.1%
32.4%
Q2 24
10.6%
33.2%
EPS (diluted)
PCRX
PCRX
WAFD
WAFD
Q1 26
$0.07
Q4 25
$0.05
$0.79
Q3 25
$0.12
$0.71
Q2 25
$-0.11
$0.73
Q1 25
$0.10
$0.65
Q4 24
$0.38
$0.54
Q3 24
$-3.11
$0.73
Q2 24
$0.39
$0.75

Balance Sheet & Financial Strength

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

Metric
PCRX
PCRX
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$144.3M
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$653.9M
$3.0B
Total Assets
$1.2B
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCRX
PCRX
WAFD
WAFD
Q1 26
$144.3M
Q4 25
$238.4M
$734.9M
Q3 25
$246.3M
$657.3M
Q2 25
$445.9M
$809.3M
Q1 25
$493.6M
$1.2B
Q4 24
$484.6M
$1.5B
Q3 24
$453.8M
$2.4B
Q2 24
$404.2M
$2.5B
Total Debt
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
$372.2M
Q3 25
$376.7M
Q2 25
$580.5M
Q1 25
$583.4M
Q4 24
$585.3M
Q3 24
Q2 24
Stockholders' Equity
PCRX
PCRX
WAFD
WAFD
Q1 26
$653.9M
Q4 25
$693.1M
$3.0B
Q3 25
$727.2M
$3.0B
Q2 25
$757.8M
$3.0B
Q1 25
$798.5M
$3.0B
Q4 24
$778.3M
$3.0B
Q3 24
$749.6M
$3.0B
Q2 24
$879.3M
$3.0B
Total Assets
PCRX
PCRX
WAFD
WAFD
Q1 26
$1.2B
Q4 25
$1.3B
$27.3B
Q3 25
$1.3B
$26.7B
Q2 25
$1.5B
$26.7B
Q1 25
$1.6B
$27.6B
Q4 24
$1.6B
$27.7B
Q3 24
$1.5B
$28.1B
Q2 24
$1.6B
$28.6B
Debt / Equity
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
0.54×
Q3 25
0.52×
Q2 25
0.77×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24

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
WAFD
WAFD
Operating Cash FlowLast quarter
$60.5M
Free Cash FlowOCF − Capex
$50.0M
FCF MarginFCF / Revenue
26.1%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
$43.7M
$60.5M
Q3 25
$60.8M
$237.0M
Q2 25
$12.0M
$58.0M
Q1 25
$35.5M
$72.1M
Q4 24
$33.1M
$49.4M
Q3 24
$53.9M
$439.2M
Q2 24
$53.2M
$63.1M
Free Cash Flow
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
$43.5M
$50.0M
Q3 25
$57.0M
$208.2M
Q2 25
$9.3M
$53.1M
Q1 25
$26.9M
$66.6M
Q4 24
$31.0M
$43.0M
Q3 24
$49.8M
$414.6M
Q2 24
$51.6M
$58.3M
FCF Margin
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
22.1%
26.1%
Q3 25
31.7%
110.6%
Q2 25
5.1%
28.5%
Q1 25
15.9%
37.0%
Q4 24
16.6%
25.1%
Q3 24
29.6%
219.7%
Q2 24
29.0%
30.0%
Capex Intensity
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
0.1%
5.5%
Q3 25
2.2%
15.2%
Q2 25
1.5%
2.6%
Q1 25
5.1%
3.1%
Q4 24
1.1%
3.8%
Q3 24
2.4%
13.1%
Q2 24
0.9%
2.5%
Cash Conversion
PCRX
PCRX
WAFD
WAFD
Q1 26
Q4 25
0.94×
Q3 25
11.20×
3.91×
Q2 25
0.94×
Q1 25
7.37×
1.28×
Q4 24
1.05×
Q3 24
7.18×
Q2 24
2.82×
0.98×

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%

WAFD
WAFD

Segment breakdown not available.

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