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Illumina ILMN Free cash flow margin

Free cash flow margin at other companies

Revvity logo
RevvityRVTY
17%-1.9pp
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
15.7%-2.1pp
Azenta logo
AzentaAZTA
8.6%
Pacific Biosciences of California logo
Pacific Biosciences of CaliforniaPACB
-72.6%-20.0pp
Personalis, Inc. logo
Personalis, Inc.PSNL
-131.2%-453pp
Guardant Health logo
Guardant HealthGH
-22%-6.7pp

Other financials

Income statement

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Revenue$1.2B+9.4%
Gross profit$770.0M+10.8%
Operating income$245.0M+14.5%
Net income$207.0M-11.9%
EPS (diluted)$1.35-9.4%

Balance sheet

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Cash & equivalents$1.0B+11.3%
Total debt$1.9B-7.3%
Total equity$2.8B+25.7%
Total assets$6.7B+9.2%

Cash flow

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Operating cash flow$201.0M-14.1%
CapEx$39.0M+30.0%
Free cash flow$162.0M-20.6%

Valuation

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Market cap$31.03B+99.1%
Enterprise value$31.94B+90.7%
P/E37.6×+25.2×
P/S6.9×+3.3×

Profitability

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Gross margin66.4%-0.2pp
Operating margin19.6%
Net margin18.4%-11.0pp

Returns & leverage

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Return on equity32.4%-35.7pp
Debt / equity0.7×-0.2×
Current ratio1.8×0.0×

Where this comes from

Calculated from Illumina’s reported figures.

Based on trailing twelve months.

The source filing: Illumina’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 4:07 PM EDT
Accession
0001110803-26-000155

FAQ

What is Illumina's free cash flow margin?
Illumina (ILMN) reported free cash flow margin of 20.7% in Q2 2026.
How has Illumina's free cash flow margin changed year-over-year?
Illumina's free cash flow margin decreased by 13.8% year-over-year, from 24.1% to 20.7%.
What is the long-term trend for Illumina's free cash flow margin?
Over 3 years (2020 to 2025), Illumina's free cash flow margin has grown at a -8.0% compound annual growth rate (CAGR), from 27.5% to 21.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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