Discontinued — last reported Q1 '23
Service and other revenue — Cost of revenue
Illumina Service and other revenue — Cost of revenue increased by 16.5% to $99.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 43.5%, from $69.00M to $99.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue signals margin compression and higher service delivery costs, whereas a decrease suggests improved operational efficiency or economies of scale in support operations.
Detailed definition
This metric captures the direct costs associated with delivering services, including personnel expenses for field engine...
Peer comparison
Similar to 'Cost of Services' in other technology-driven sectors, this metric is compared against peers to assess the profitability of the service-based business model.
ilmn_segment_service_and_other_revenue_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $63.00M | $56.00M | $64.00M | $69.00M | $69.00M | $72.00M | $85.00M | $99.00M |
| QoQ Change | — | -11.1% | +14.3% | +7.8% | +0.0% | +4.3% | +18.1% | +16.5% |
| YoY Change | — | — | — | — | +9.5% | +28.6% | +32.8% | +43.5% |
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Frequently Asked Questions
- What is Illumina's service and other revenue — cost of revenue?
- Illumina (ILMN) reported service and other revenue — cost of revenue of $99.00M in Q1 2023.
- How has Illumina's service and other revenue — cost of revenue changed year-over-year?
- Illumina's service and other revenue — cost of revenue increased by 43.5% year-over-year, from $69.00M to $99.00M.
- What does service and other revenue — cost of revenue mean?
- The direct expenses incurred to provide services and support to customers.