Skip to content
Screener

Illumina ILMN Gross margin

Gross margin at other companies

Azenta logo
AzentaAZTA
40%-1.0pp
Pacific Biosciences of California logo
Pacific Biosciences of CaliforniaPACB
37.5%+21.3pp
Personalis, Inc. logo
Personalis, Inc.PSNL
13.7%-19.6pp
Guardant Health logo
Guardant HealthGH
64.9%+3.6pp
Twist Bioscience Corporation logo
Twist Bioscience CorporationTWST
52.1%+5.4pp
10x Genomics, Inc. logo
10x Genomics, Inc.TXG
69.6%+1.2pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Operating margin19.6%
Net margin18.4%-11.0pp
FCF margin20.7%-3.3pp

Returns & leverage

See full
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 gross margin?
Illumina (ILMN) reported gross margin of 66.4% in Q2 2026.
How has Illumina's gross margin changed year-over-year?
Illumina's gross margin decreased by 0.2% year-over-year, from 66.6% to 66.4%.
What is the long-term trend for Illumina's gross margin?
Over 5 years (2020 to 2025), Illumina's gross margin has grown at a -0.6% compound annual growth rate (CAGR), from 68% to 66.1%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

Ask your AI about Illumina's gross margin.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude