earnings
confidence high
sentiment positive
materiality 0.70
Pacira Q2 revenue $192.4M (+6% YoY); divests iovera° to Zimmer Biomet for up to $140M
Pacira BioSciences, Inc.
- Q2 total revenue $192.4M (+6% YoY); GAAP net income $4.7M ($0.12 EPS) vs net loss of $4.8M in Q2 2025.
- EXPAREL net sales $147.8M (+3% YoY); ZILRETTA $32.6M (+4%); iovera $6.8M (+22%).
- Completed divestiture of iovera° to Zimmer Biomet for up to $140M ($70M upfront + milestones); closed July 31, 2026.
- UnitedHealthcare now provides separate reimbursement for EXPAREL, covering ~40M lives.
- Updated FY2026 total revenue guidance to $735M-$760M (from $745M-$770M) reflecting iovera divestiture.