Pacira BioSciences, Inc. engages in the development, manufacture, marketing, distribution, and sale of non-opioid pain management and regenerative health solutions to healthcare practitioners in the United States. The company offers EXPAREL, a bupivacaine liposome injectable suspension for postsurgical pain management; ZILRETTA, a triamcinolone acetonide extended-release injectable suspension indicated for the management of osteoarthritis and knee pain; and iovera system, a non-opioid handheld cryoanalgesia device used to deliver controlled doses of cold temperature to targeted nerves to produce neurolytic block that interrupts the pain-transmitting signals of a peripheral nerve. It also develops PCRX-201, a novel gene therapy vector platform enabling local administration of genetic medicines with the potential to treat large prevalent diseases like osteoarthritis. It has a development and commercialization, and supply agreement with Aratana Therapeutics, Inc. for NOCITA, a bupivacaine liposome injectable suspension product for use in animals. The company was formerly known as Pacira Pharmaceuticals, Inc. and changed its name to Pacira BioSciences, Inc. in April 2019. Pacira BioSciences, Inc. was incorporated in 2006 and is headquartered in Brisbane, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $726M | $123M | $7M | $137M | 1.0% | 3.6% | -107.1% |
| 2024 | $701M | $29M | $-100M | $179M | -12.8% | 3.9% | -337.3% |
| 2023 | $675M | $155M | $42M | $139M | 4.8% | 1.2% | 163.7% |
| 2022 | $667M | $140M | $16M | $115M | 2.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 666.82 | 674.98 | 700.97 | 726.41 |
| Cost Of Revenue | 199.30 | 184.67 | 170.43 | 149.75 |
| Gross Profit | 467.53 | 490.31 | 530.54 | 576.66 |
| Operating Expense | 396.60 | 402.99 | 432.96 | 543.36 |
| Operating Income | 70.93 | 87.32 | 97.57 | 33.30 |
| EBITDA | 140.38 | 154.58 | 29.12 | 122.50 |
| EBIT | 48.88 | 79.01 | -49.67 | 31.48 |
| Pretax Income | 13.30 | 61.70 | -63.11 | 16.87 |
| Tax Provision | -2.61 | 19.75 | 36.45 | 9.84 |
| Net Income | 15.91 | 41.96 | -99.56 | 7.03 |
| Net Income Common Stockholders | 15.91 | 41.96 | -99.56 | 7.03 |
| Total Expenses | 595.90 | 587.66 | 603.39 | 693.11 |
| Interest Expense | 35.58 | 17.31 | 13.44 | 14.61 |
| Interest Income | 4.54 | 11.44 | 19.69 | 22.73 |
| Research And Development | 84.80 | 76.26 | 81.58 | 117.31 |
| Selling General And Administration | 254.52 | 269.44 | 294.10 | 368.76 |
| Normalized EBITDA | 151.28 | 171.16 | 192.54 | 137.60 |
| Normalized Income | 24.52 | 53.23 | 29.55 | 18.96 |
| Market Cap | 1,054.45 | 1,054.45 | 1,054.45 | 1,054.45 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Pacira BioSciences, Inc.this co. | PCRX | $1.1B | 149.91β premium | 1.52 | 1.0% | 10.73 |
| InnovAge Holding Corp. | INNV | $1.1B | 161.40 | 4.27 | -11.5% | 25.32 |
| Zenas BioPharma, Inc. | ZBIO | $1.1B | - | - | -156.0% | -3.15 |
| EyePoint, Inc. | EYPT | $1.1B | - | 32.47 | -75.8% | -4.95 |
| CareDx, Inc. | CDNA | $1.1B |
| - |
| 3.49 |
| -7.0% |
| -124.58 |
| Teladoc Health, Inc. | TDOC | $1.1B | - | 0.77 | -14.5% | 39.94 |
| IRADIMED CORPORATION | IRMD | $1.1B | 47.83 | 11.31 | 23.8% | 37.30 |
| The Pennant Group, Inc. | PNTG | $1.1B | 36.56 | 3.22 | 7.9% | 25.85 |
| Septerna, Inc. | SEPN | $1.1B | - | 2.75 | -12.8% | -8.66 |
| Peer Median | - | 47.83 | 3.49 | -12.2% | 11.09 | |