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Illumina ILMN Consumables — Total Revenue

Other product segments

Service
$174M+8.1%
Instruments
$120M+7.1%

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Other financials

Income statement

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Revenue$1.1B+4.8%
Gross profit$721.0M+5.6%
Operating income$209.0M+27.4%
Net income$134.0M+2.3%
EPS (diluted)$0.87+6.1%

Balance sheet

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Cash & equivalents$1.1B-2.2%
Total debt$2.0B-3.0%
Total equity$2.7B+13.0%
Total assets$6.6B+6.1%

Cash flow

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Operating cash flow$289.0M+20.4%
CapEx$38.0M+18.8%
Free cash flow$251.0M+20.7%

Valuation

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Market cap$26.6B+91.5%
Enterprise value$27.56B+83.6%
P/E31.2×+20.1×
P/S6.1×+2.8×

Profitability

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Gross margin66.2%-0.1pp
Operating margin19.4%
Net margin19.4%+12.7pp
FCF margin22.2%+2.0pp

Returns & leverage

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Return on equity33.8%+23.9pp
Debt / equity0.8×-0.1×
Current ratio1.7×-0.1×

Where this comes from

Reported directly by Illumina in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Illumina’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Illumina's consumables — total revenue?
Illumina (ILMN) reported consumables — total revenue of $797M in Q1 2026.
How has Illumina's consumables — total revenue changed year-over-year?
Illumina's consumables — total revenue increased by 3.8% year-over-year, from $768M to $797M.
What is the long-term trend for Illumina's consumables — total revenue?
Over 4 years (2021 to 2025), Illumina's consumables — total revenue has grown at a 0.1% compound annual growth rate (CAGR), from $3.22B to $3.23B.
What does consumables — total revenue mean?
This metric represents the total gross revenue generated from the sale of recurring product components required to operate analytical instruments. In the life sciences sector, this reflects the installed base utilization and the ongoing demand for reagents, flow cells, and other essential supplies. It is a critical indicator of the company's recurring revenue stream and long-term customer engagement.