Illumina Sequencing — Total Revenue decreased by 6.7% to $995.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.1%, from $947.00M to $995.00M. Over 4 years (FY 2021 to FY 2025), Sequencing — Total Revenue shows relatively stable performance with a -0.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase indicates growing adoption of genomic sequencing technology and successful expansion of the installed base, while a decrease may signal market saturation or increased competition in the life sciences tools sector.
This metric represents the total gross revenue generated by the core sequencing business segment, encompassing sales of...
Comparable to 'Life Sciences Tools' or 'Genomics' segment revenues reported by peers like Thermo Fisher or Pacific Biosciences.
ilmn_segment_sequencing_total_revenue| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $1.02B | $1.02B | $1.09B | $1.11B | $1.07B | $1.02B | $981.00M | $976.00M | $1.08B | $1.03B | $1.02B | $979.00M | $1.02B | $995.00M | $1.00B | $947.00M | $972.00M | $1.00B | $1.07B | $995.00M |
| QoQ Change | — | -0.6% | +7.8% | +1.4% | -4.0% | -4.7% | -3.3% | -0.5% | +11.0% | -5.0% | -0.5% | -4.4% | +3.8% | -2.1% | +0.9% | -5.7% | +2.6% | +3.0% | +6.5% | -6.7% |
| YoY Change | — | — | — | — | +4.3% | +0.0% | -10.3% | -12.0% | +1.7% | +1.4% | +4.4% | +0.3% | -6.2% | -3.3% | -2.0% | -3.3% | -4.3% | +0.6% | +6.2% | +5.1% |