Objective To investigate the expression, prognostic estimated value, and biological function of phospholipase Cβ3 (PLCB3) in hepatocellular carcinoma (HCC). Methods The mRNA sequencing data of HCC⁃related samples were obtained from the Cancer Genome Atlas database. The expression differences of PLCB3 in HCC tissues and adjacent normal tissues were analyzed. Samples with complete clinical data and survival time ≥30 days were divided into PLCB3 high⁃expression group or PLCB3 low⁃expression group. The relations between PLCB3 expression and the overall survival and progression⁃free survival of patients in the two groups was analyzed. The predictive value of PLCB3 expression for the prognosis of HCC patients was evaluated using the receiver operating characteristic curve. The clinical pathological characteristics and immune cell infiltration were compared between the PLCB high⁃expression and low⁃expression groups. The relations between PLCB3 expression and immune checkpoint genes, and specific drug half⁃maximal inhibitory concentration (IC50) was analyzed. The differentially expressed genes between the PLCB3 high⁃expression and low⁃expression groups were analyzed, and enrichment analysis was performed based on the differentially expressed genes. Single⁃cell data sets were downloaded from the HCCDB v2.0 website for single⁃cell analysis and spatial transcriptome analysis. Real⁃time fluorescence quantitative PCR was used to detect the expression of PLCB3 in hepatoma cells and liver cancer tissues. Results PLCB3 expression in HCC tissues was higher than that in adjacent normal tissues (P<0.05). The overall survival and progression⁃free survival of patients in the PLCB3 low⁃expression group were superior to those in the PLCB3 high⁃expression group (P<0.05). PLCB3 expression exhibited a good predictive ability for the short⁃term survival rate of HCC patients. There were statistically significant differences in the expression of PLCB3 between HCC patients with different gender, tumor grade, tumor stage, tumor T stage, adjacent liver inflammation degree, and fetoprotein level (P<0.05). M2⁃type macrophages were significantly enriched in the PLCB3 high⁃expression group, and initial B cells and Treg were significantly enriched in the PLCB3 low⁃expression group. PLCB3 expression positively correlated with the expressions of multiple immune checkpoint genes such as CD27 and CD80, and negatively correlated with the expressions of CEACAM1 and IL6R genes (P<0.05). The expression of PLCB3 positively correlated with the IC50 of dasatinib while negatively correlated with the IC50 of tipifarnib (P<0.05). PLCB3 was closely related to biological processes like extracellular matrix organization, cellular components including ion channel complexes, molecular function such as single⁃atom ion channel activity, and mainly participated in signaling pathways such as neural activity ligand⁃receptor interaction, fatty acid metabolism, and peroxisome. Single⁃cell analysis revealed that PLCB3 expression in HCC tissues was higher than that in adjacent normal tissue in hepatocytes and hepatic stellate cells (P<0.05). Spatial transcriptome analysis indicated that PLCB3 was mainly distributed in HCC tumor cells, immune cells, and stromal cells. Real⁃time fluorescence quantitative PCR interpreted that PLCB3 was highly expressed in Huh7, Hep3B, and HCCLM3 liver cancer cell lines, as well as in HCC tissues (P<0.05). Conclusion PLCB3 is highly expressed in HCC and is associated with poor prognosis in patients. Its expression may be related to the activation of intracellular signal transduction pathways and changes in the tumor immune microenvironment, and may become a potential prognostic marker and therapeutic target.