Core Illumina — Cost of revenue
Illumina Core Illumina — Cost of revenue decreased by 7.5% to $370.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $358.00M to $370.00M. Over 3 years (FY 2022 to FY 2025), Core Illumina — Cost of revenue shows relatively stable performance with a 0.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease relative to revenue suggests improved manufacturing efficiency or favorable product mix, while an increase may indicate rising supply chain or production costs.
Detailed definition
Includes the direct costs associated with manufacturing sequencing instruments, producing consumables, and delivering te...
Peer comparison
Standard cost of goods sold (COGS) metric found in segment reporting for hardware and consumable-based businesses.
ilmn_segment_core_illumina_cost_of_revenueHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $361.50M | $361.50M | $361.50M | $361.50M | $395.50M | $395.50M | $395.50M | $395.50M | $363.00M | $349.00M | $335.00M | $376.00M | $358.00M | $364.00M | $351.00M | $400.00M | $370.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.4% | +0.0% | +0.0% | +0.0% | -8.2% | -3.9% | -4.0% | +12.2% | -4.8% | +1.7% | -3.6% | +14.0% | -7.5% |
| YoY Change | — | — | — | — | +9.4% | +9.4% | +9.4% | +9.4% | -8.2% | -11.8% | -15.3% | -4.9% | -1.4% | +4.3% | +4.8% | +6.4% | +3.4% |
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Frequently Asked Questions
- What is Illumina's core illumina — cost of revenue?
- Illumina (ILMN) reported core illumina — cost of revenue of $370.00M in Q1 2026.
- How has Illumina's core illumina — cost of revenue changed year-over-year?
- Illumina's core illumina — cost of revenue increased by 3.4% year-over-year, from $358.00M to $370.00M.
- What is the long-term trend for Illumina's core illumina — cost of revenue?
- Over 3 years (2022 to 2025), Illumina's core illumina — cost of revenue has grown at a 0.6% compound annual growth rate (CAGR), from $1.45B to $1.47B.
- What does core illumina — cost of revenue mean?
- The direct costs incurred to produce and deliver the goods and services sold by the core business.