Total product revenue — Total Revenue
Illumina Total product revenue — Total Revenue decreased by 7.4% to $917.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $880.00M to $917.00M. Over 4 years (FY 2021 to FY 2025), Total product revenue — Total Revenue shows relatively stable performance with a -1.7% CAGR.
Analysis
How to read this metric
An increase suggests a stronger reliance on hardware and consumable sales, while a decrease indicates a shift toward service-based or recurring software revenue models.
Detailed definition
This metric represents the portion of total consolidated revenue derived specifically from the sale of physical goods, i...
Peer comparison
Similar to product mix ratios in life science tools companies, where high consumable revenue is generally viewed as a positive indicator of an installed base.
ilmn_segment_total_product_revenue_total_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 | $972.00M | $978.00M | $1.07B | $1.07B | $1.01B | $963.00M | $914.00M | $922.00M | $1.00B | $941.00M | $923.00M | $876.00M | $927.00M | $914.00M | $938.00M | $880.00M | $912.00M | $927.00M | $990.00M | $917.00M |
| QoQ Change | — | +0.6% | +8.9% | +0.5% | -6.0% | -4.3% | -5.1% | +0.9% | +8.6% | -6.0% | -1.9% | -5.1% | +5.8% | -1.4% | +2.6% | -6.2% | +3.6% | +1.6% | +6.8% | -7.4% |
| YoY Change | — | — | — | — | +3.5% | -1.5% | -14.2% | -13.8% | -0.5% | -2.3% | +1.0% | -5.0% | -7.4% | -2.9% | +1.6% | +0.5% | -1.6% | +1.4% | +5.5% | +4.2% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Illumina's total product revenue — total revenue?
- Illumina (ILMN) reported total product revenue — total revenue of $917.00M in Q1 2026.
- How has Illumina's total product revenue — total revenue changed year-over-year?
- Illumina's total product revenue — total revenue increased by 4.2% year-over-year, from $880.00M to $917.00M.
- What is the long-term trend for Illumina's total product revenue — total revenue?
- Over 4 years (2021 to 2025), Illumina's total product revenue — total revenue has grown at a -1.7% compound annual growth rate (CAGR), from $3.97B to $3.71B.
- What does total product revenue — total revenue mean?
- The percentage of total company revenue generated from the sale of physical products rather than services.