Service — Cost of revenue
Illumina Service — Cost of revenue increased by 11.1% to $80.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $88.00M to $80.00M. Over 4 years (FY 2021 to FY 2025), Service — Cost of revenue shows an upward trend with a 5.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests declining service margins or rising operational inefficiencies, while a decrease may indicate improved service delivery processes or lower warranty claim rates.
Detailed definition
This metric captures the direct costs incurred to deliver maintenance, repair, and technical support services for sequen...
Peer comparison
Comparable to 'Cost of Services' or 'Cost of Maintenance and Support' found in the income statements of hardware-focused technology and medical device firms.
ilmn_segment_service_cost_of_revenueHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $60.25M | $60.25M | $60.25M | $69.00M | $69.00M | $72.00M | $85.00M | $99.00M | $91.00M | $95.00M | $107.00M | $106.00M | $95.00M | $84.00M | $81.00M | $88.00M | $71.00M | $68.00M | $72.00M | $80.00M |
| QoQ Change | — | +0.0% | +0.0% | +14.5% | +0.0% | +4.3% | +18.1% | +16.5% | -8.1% | +4.4% | +12.6% | -0.9% | -10.4% | -11.6% | -3.6% | +8.6% | -19.3% | -4.2% | +5.9% | +11.1% |
| YoY Change | — | — | — | — | +14.5% | +19.5% | +41.1% | +43.5% | +31.9% | +31.9% | +25.9% | +7.1% | +4.4% | -11.6% | -24.3% | -17.0% | -25.3% | -19.0% | -11.1% | -9.1% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Illumina's service — cost of revenue?
- Illumina (ILMN) reported service — cost of revenue of $80.00M in Q1 2026.
- How has Illumina's service — cost of revenue changed year-over-year?
- Illumina's service — cost of revenue decreased by 9.1% year-over-year, from $88.00M to $80.00M.
- What is the long-term trend for Illumina's service — cost of revenue?
- Over 4 years (2021 to 2025), Illumina's service — cost of revenue has grown at a 5.5% compound annual growth rate (CAGR), from $241.00M to $299.00M.
- What does service — cost of revenue mean?
- The total direct expenses required to provide support and maintenance services for the company's products.