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PCRX · Pacira BioSciences, Inc.

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$36.46 +0.00 (+0.00%) At close · Nov 13
Market Cap
$1.46B
Shares
40.09M
Volume · Nov 13 1.95M Avg daily vol (3M) 1.29M

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$36.46 Open$36.47 Day$36.43–36.48 52W close$19.16–36.49 Avg vol 30d2.2M Short int3.3M · 8.4% of shares · 3.9d Short vol39% Last earningsAug 4, 2026 DataJan 2020–Nov 2026 Filing10-Q · Nov 5

Latest documents

2026
Nov 12
Current report 8-K Events of Nov 6
Appeals court revives royalties for 200-liter EXPAREL process

On November 6, 2026, the United States Court of Appeals for the Ninth Circuit held Pacira BioSciences, Inc. owes royalties on EXPAREL manufactured using its 200-liter process and remanded the 45-liter portion to recalculate pre-judgment interest owed to Pacira.

Regulation FD disclosure
2 source passages
On November 6, 2026, the United States Court of Appeals for the Ninth Circuit reversed the District Court’s judgment in part, holding that the Company owes royalties on EXPAREL manufactured using its 200-liter process and directing the District Court to enter judgement in favor of RDF on that claim. The Court of Appeals also remanded the matter to District Court to recalculate the pre-judgment interest RDF owes to the Company on the 45-liter EXPAREL portion of the judgment. Open the document at this passage
Nov 12
Tender offer SC TO-T/A
Tender offer AI summary on its way
Nov 12
Tender offer SC 14D9/A
Tender offer AI summary on its way
Nov 5
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Peach Purchaser launches $36.50 per share tender offer

Pacira agreed to a $36.50 per share acquisition by Viatris, which commenced a tender offer on October 30, 2026 through subsidiary Peach Purchaser Sub Inc. The merger is expected to close before the end of 2026, ending its public listing.

Revenue $176.65M ▼ 1.6% Net income $28.52M ▲ 425.1% Diluted EPS $0.70 ▲ 483.3%
Read from the MD&A section
4 source passages
On October 8, 2026, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Viatris Inc., a Delaware corporation (“Viatris”), and Peach Purchaser Sub Inc., a Delaware corporation and wholly owned subsidiary of Viatris (“Purchaser”). Pursuant to the Merger Agreement, on October 30, 2026, Purchaser commenced a tender offer (the “Offer”) to purchase each issued and outstanding share of our common stock (the “Shares”) at an offer price of $36.50 per Share in cash, net of applicable withholding taxes and without interest. The Merger is expected to close before the end of the calendar year 2026, subject to the satisfaction or waiver of customary conditions As a result of the Merger, we will cease to be a publicly traded company. Open the document at this passage
Nov 5
Current report 8-K
2026 financial guidance withdrawn amid pending Viatris offer

Pacira BioSciences, Inc. withdrew its 2026 financial guidance and will not provide further updates during the pending Viatris offer and merger, also canceling its September 30, 2026 quarterly earnings release and conference call.

Regulation FD disclosure
2 source passages
In light of the proposed Offer and Merger, the Company will not issue an earnings release for the quarterly period ended September 30, 2026, nor will it hold a conference call to discuss its financial results and recent developments. In addition, the Company is withdrawing its previously issued 2026 financial guidance and will not provide further updates to such guidance during the pendency of the proposed Offer and Merger. Open the document at this passage
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$743.30M
Trailing 12 months
Net income (TTM)
$37.73M
Trailing 12 months
Revenue growth YoY
-1.6%
Year over year
Operating margin
4.8%
Trailing 12 months
P / E (TTM)
38.8
Trailing earnings · reciprocal yield 2.6%
FCF yield
11.6%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$1.99M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-8.2%
Year over year · fewer shares
Price change (1Y)
+54.4%
Trailing year
Short interest
8.4%
Latest settlement · 3.9 days to cover
View all 125 metrics

AI Brief

Q2 FY26 earnings call · Aug 4, 2026
Q2 FY26

TL;DR. Pacira reported Q2 2026 revenue of $192.4 million (+6% YoY) and adjusted EBITDA of $48.7 million, closed the iovera divestiture to Zimmer Biomet for up to $140 million, and lowered total revenue guidance to $735–$760 million (from $745–$770M) to reflect the divestiture while reiterating EXPAREL guidance of $600–$620 million amid softer elective soft tissue procedure volumes.

Bullish
  • + UnitedHealthcare now provides separate reimbursement for EXPAREL outside the surgical bundle, lifting covered lives to over 150 million.
  • + EXPAREL net sales grew 3% to $147.8M and ZILRETTA grew 4% to $32.6M in Q2 2026.
  • + LG Chem filed for EXPAREL approval in South Korea, with revenues expected to begin in 2027.
  • + Cash position remains strong at $251.0 million as of June 30, 2026, further enhanced by $73.6M Zimmer closing payment.
Bearish
  • − Full-year 2026 total revenue guidance lowered to $735–$760 million from $745–$770 million due to iovera divestiture.
  • − Elective soft tissue procedures slowed in Q2, pressuring Exparel volumes, particularly in hospital inpatient settings.
  • − Non-GAAP gross margin fell to 78% in Q2 2026 from 82% in Q2 2025.
  • − Non-GAAP net income of $29.5M ($0.73 diluted) in Q2 2026 declined from $36.0M ($0.74 diluted) in Q2 2025.
  • − Adjusted EBITDA of $48.7 million in Q2 2026 declined from $54.3 million in Q2 2025.
  • − SG&A increased to $81.3M in Q2 2026 from $77.2M in Q2 2025, partly due to non-recurring costs of contested director election.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Buy
SellHoldBuy
Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Moderate
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +42%
above
Price vs 50-day avg +17%
above
RSI (14) 83
overbought
MACD trend Negative
52-week position 100%
near high
Momentum
relative strength
Very Strong
1-month return 0%
trailing
6-month return +50%
trailing
YTD return +41%
this year
Relative strength +49%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $31 › 200d $26 — 50d above 200d
Institutional flow Accumulating
221 of 255 funds reported for Sep 30 · net +2.0M sh shares · +26 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
8.35% of shares out · ▼ -21.4% MoM · 3.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
255 holders — mid 3-yr range
Squeeze score 59
elevated · 0–100
Fundamentals
Excellent
Revenue growth +26%
Y/Y
EPS growth +107%
Y/Y
Free cash flow $136.7M
Buyback $100.0M
remaining
Balance sheet $213.6M
net debt
Quant / Vol
risk profile
Moderate
Volatility 57%
annualized · 1-yr
Max drawdown −28%
past year
ATR 0.8%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 2 of last 2
Latest guidance · from the Earnings Call filed Aug 4, 2026
Total revenue · full-year 2026 Lowered $735M – $760M
Apr 30, 2026 $745M – $770M changed to Aug 4, 2026 $735M – $760M
prior FY $726.41M midpoint +2.9% Y/Y
Exsperell net product sales · full-year 2026 $600M – $620M
Stock-based compensation · full-year 2026 Lowered $54M – $59M
Apr 30, 2026 $54M – $62M changed to Aug 4, 2026 $54M – $59M
SG&A · full-year 2026 $310M – $330M
Licensing agreement for the veterinary market revenues · full-year 2026 $7M
Non-GAAP gross margin · full-year 2026 Non-GAAP Maintained 77% – 79%
Apr 30, 2026 77% – 79% changed to Aug 4, 2026 77% – 79%
Depreciation expense · full-year 2026 Maintained $30M
Apr 30, 2026 $30M changed to Aug 4, 2026 $30M
Non-GAAP R&D expense · full-year 2026 Non-GAAP Maintained $105M – $115M
Apr 30, 2026 $105M – $115M changed to Aug 4, 2026 $105M – $115M
Previous outlook earlier release · from the Earnings Call filed Apr 30, 2026

Still-open targets the latest release did not restate under the same label.

Non-gap gross margins · 2026 77% – 79%
Guided vs delivered · last 2 settled
Total revenue full-year 2025
guided $725M – $735M
$726.41M In line
Total revenue full-year 2024
guided $680M – $705M
$700.97M In line

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
2 · 1 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+42% Bullish
Price vs 50-day avg
+17% Bullish
RSI (14)
83 Bearish
MACD trend
Negative Bearish
52-week position
100% Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross) No cross
50d $31 › 200d $26 — 50d above 200d
Institutional flow Accumulating
221 of 255 funds reported for Sep 30 · net +2.0M sh shares · +26 new
Insider flow Flat
No net insider activity over 90 days
Short interest Falling
8.35% of shares out · ▼ -21.4% MoM · 3.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Steady
255 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $19 Now $36 · 100% Range high $36
vs 200-day avg +42% vs 50-day avg +17%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted EBITDA non-GAAP $48.7M second quarter —
Bupivacaine liposome injectable suspension 3.22M the three months ended June 30, 2026 filing —
Cash received from iovera divestiture $73.6M transaction closed July 31, 2026 —
Cash, cash equivalents and available-for-sale investments $251M end of second quarter 2026 —
EXPAREL 147.82M the three months ended June 30, 2026 filing —
EXPAREL volume growth 4% second quarter —
gross vial volume 4% the three months ended June 30, 2026 filing —
kit volume (ZILRETTA) 2% the three months ended June 30, 2026 filing —
Largest wholesaler 30% the three months ended June 30, 2026 filing —
net selling price (ZILRETTA) 2% the three months ended June 30, 2026 filing —
Non-GAAP gross margin percentage non-GAAP 78% Three Months Ended June 30, 2026 —
Non-GAAP net income non-GAAP 53.99M Six Months Ended June 30, 2026 —
Non-GAAP net income per share (diluted) non-GAAP $0.73 second quarter —
Second largest wholesaler 25% the three months ended June 30, 2026 filing —
Smart Tip net selling price 2% the three months ended June 30, 2026 filing —
Smart Tip volume 19% the three months ended June 30, 2026 filing —
Third largest wholesaler 21% the three months ended June 30, 2026 filing —
Total 76% the three months ended June 30, 2026 filing —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Drug Manufacturers - Specialty & Generic — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
PCRX
Pacira BioSciences, Inc.
this stock
$1.46B +40.9% +26.0% — 8.4%
TAK
Takeda Pharmaceutical Co Ltd
$68.47B +37.5% — — 0.1%
GALDY
Galderma Group AG
$53.23B +10.1% — — 0.0%
TEVA
Teva Pharmaceutical Industries Ltd
$51.92B +42.6% +4.3% 101.1 2.4%
JHPCY
Jiangsu Hengrui Pharmaceuticals Co., Ltd.
$40.66B — — — 0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
268
% held
114.3%
Reported
221 of 255
Top holder
BlackRock, Inc.
Held Float
View
Held by Funds
Fund positions
310
View
Short & Settlement
Short Interest Falling
Shares short
3.3M
Days to cover
3.9d
Change
-911.8K sh
View
Short Volume
Short vol %
39%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
16.0K
Value
$583.3K
As of
Oct 9, 2026
View
Off-Exchange
Off-exchange %
42.7%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Congressional Trades Buy
Member
Tom Malinowski
Amount
$1.0K–$15.0K
Traded
May 6, 2021
View
Financials
Financials
Revenue (FY)
$726.4M
Net income (FY)
$7.0M
EPS diluted
$0.16
View
Buybacks
Authorized
$300.0M
Remaining
$100.0M
Spent Remaining
View
Filings
SEC Filings
Latest
SC 14D9/A
Filed
Nov 12, 2026
This year
38
View
Proposed Sales
Value
$217.9K
Shares
6.0K
Filed
Oct 8, 2026
View
Earnings & Events
Webcasts
Last webcast
Aug 4, 2026
View
Investor Relations
Latest news
Viatris Agrees to Acquire Pacira…
Published
Oct 8, 2026
View

Performance

5D 20D 120D MTD YTD
PCRX +0.1% +0.3% +49.7% +0.2% +40.9%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY -2.5% +1.5% +49.2% +0.4% +30.3%

Capital returns

Buyback program · as of Sep 30, 2026
Authorized
$300.00M
Spent (derived)
$200.00M
Remaining
$100.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1396814 CUSIP 695127100 13F (30d) 208 filings 190 filers Visit website Investor relations