Products & Services · Total Revenue

Instruments — Total Revenue

Illumina Instruments — Total Revenue decreased by 24.1% to $120.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.1%, from $112.00M to $120.00M. Over 4 years (FY 2021 to FY 2025), Instruments — Total Revenue shows a downward trend with a -10.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026
Rolls up toTotal Revenue

How to read this metric

An increase suggests strong market adoption and successful product cycles, while a decrease may indicate market saturation or a shift toward service-based models.

Detailed definition

This metric represents the total gross revenue generated from the sale of hardware and sequencing platforms within a spe...

Peer comparison

Comparable to hardware or capital equipment revenue lines in other life science tools or medical device companies.

Metric ID: ilmn_segment_instruments_total_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$194.00M$184.00M$195.00M$217.00M$193.00M$167.00M$151.00M$158.00M$197.00M$181.00M$167.00M$114.00M$120.00M$107.00M$159.00M$112.00M$101.00M$111.00M$158.00M$120.00M
QoQ Change-5.2%+6.0%+11.3%-11.1%-13.5%-9.6%+4.6%+24.7%-8.1%-7.7%-31.7%+5.3%-10.8%+48.6%-29.6%-9.8%+9.9%+42.3%-24.1%
YoY Change-0.5%-9.2%-22.6%-27.2%+2.1%+8.4%+10.6%-27.8%-39.1%-40.9%-4.8%-1.8%-15.8%+3.7%-0.6%+7.1%
Range$101.00M$217.00M
CAGR-9.6%
Avg YoY Growth-9.9%
Median YoY Growth-3.3%

Frequently Asked Questions

What is Illumina's instruments — total revenue?
Illumina (ILMN) reported instruments — total revenue of $120.00M in Q1 2026.
How has Illumina's instruments — total revenue changed year-over-year?
Illumina's instruments — total revenue increased by 7.1% year-over-year, from $112.00M to $120.00M.
What is the long-term trend for Illumina's instruments — total revenue?
Over 4 years (2021 to 2025), Illumina's instruments — total revenue has grown at a -10.5% compound annual growth rate (CAGR), from $752.00M to $482.00M.
What does instruments — total revenue mean?
The total amount of money earned from selling hardware and equipment within a specific product category.