Discontinued — last reported Q1 '23
Service and other revenue — Total Revenue
Illumina Service and other revenue — Total Revenue decreased by 2.4% to $165.00M in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $153.00M to $165.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher customer engagement and a larger recurring revenue base, while a decrease may indicate declining service contract renewals or reduced customer reliance on company support.
Detailed definition
This metric represents the total revenue generated from service contracts, maintenance, training, and other non-product...
Peer comparison
Peers in life sciences and medical technology typically report this as 'Service and Other' or 'Recurring Revenue,' with stable growth profiles compared to the more cyclical hardware sales.
ilmn_segment_service_and_other_revenue_total_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $154.00M | $130.00M | $134.00M | $153.00M | $156.00M | $152.00M | $169.00M | $165.00M |
| QoQ Change | — | -15.6% | +3.1% | +14.2% | +2.0% | -2.6% | +11.2% | -2.4% |
| YoY Change | — | — | — | — | +1.3% | +16.9% | +26.1% | +7.8% |
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Frequently Asked Questions
- What is Illumina's service and other revenue — total revenue?
- Illumina (ILMN) reported service and other revenue — total revenue of $165.00M in Q1 2023.
- How has Illumina's service and other revenue — total revenue changed year-over-year?
- Illumina's service and other revenue — total revenue increased by 7.8% year-over-year, from $153.00M to $165.00M.
- What does service and other revenue — total revenue mean?
- Total income earned from providing services, maintenance, and support to customers.