Discontinued — last reported Q4 '25
Contract Liabilities
Illumina Contract Liabilities decreased by 0.6% to $344.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $329.00M to $344.00M. Over 5 years (FY 2020 to FY 2025), Contract Liabilities shows an upward trend with a 8.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| 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 | $227.00M | $256.00M | $297.00M | $293.00M | $291.00M | $288.00M | $308.00M | $324.00M | $323.00M | $315.00M | $329.00M | $324.00M | $305.00M | $293.00M | $327.00M | $329.00M | $324.00M | $307.00M | $346.00M | $344.00M |
| QoQ Change | — | +12.8% | +16.0% | -1.3% | -0.7% | -1.0% | +6.9% | +5.2% | -0.3% | -2.5% | +4.4% | -1.5% | -5.9% | -3.9% | +11.6% | +0.6% | -1.5% | -5.2% | +12.7% | -0.6% |
| YoY Change | — | — | — | — | +28.2% | +12.5% | +3.7% | +10.6% | +11.0% | +9.4% | +6.8% | +0.0% | -5.6% | -7.0% | -0.6% | +1.5% | +6.2% | +4.8% | +5.8% | +4.6% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Illumina's contract liabilities?
- Illumina (ILMN) reported contract liabilities of $344.00M in Q1 2026.
- How has Illumina's contract liabilities changed year-over-year?
- Illumina's contract liabilities increased by 4.6% year-over-year, from $329.00M to $344.00M.
- What is the long-term trend for Illumina's contract liabilities?
- Over 5 years (2020 to 2025), Illumina's contract liabilities has grown at a 8.5% compound annual growth rate (CAGR), from $230.00M to $346.00M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.