Pacira BioSciences, Inc.

___________________________

 

Summary of 2026 Financial Guidance

(dollars in millions)

2026 Financial GuidanceAmount
EXPAREL net product sales$600 to $620
Total revenues$745 to $770
Non-GAAP gross margin77% to 79%
Non-GAAP research and development expense$105 to $115
Non-GAAP selling, general and administrative expense$320 to $340
Stock-based compensation$54 to $62

___________________________

Reconciliation of GAAP to Non-GAAP 2026 Financial Guidance

(dollars in millions)

2026 Non-GAAP Financial GuidanceGAAPImpact of GAAP to 

Non-GAAP 

Adjustments (1)
Non-GAAP (2)
Gross margin76% to 78%Approximately 1%77% to 79%
Research and development expense$116 to $128$11 to $13$105 to $115
Selling, general and administrative expense$359 to $386$39 to $46$320 to $340

(1) The full-year impact of GAAP to Non-GAAP adjustments primarily relates to stock-based compensation.

(2) Full-year guidance excludes the transaction costs and potential impact of any acquisitions or business development transactions that have not been completed.