What is Illumina's interest expense?

Illumina (ILMN) reported interest expense of $24M in Q1 2026.

How has Illumina's interest expense changed year-over-year?

Illumina's interest expense decreased by 4.0% year-over-year, from $25M to $24M.

What is the long-term trend for Illumina's interest expense?

Over 4 years (2021 to 2025), Illumina's interest expense has grown at a 13.0% compound annual growth rate (CAGR), from $62M to $101M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Illumina ILMN Interest Expense

Interest Expense at other companies

Thermo Fisher ScientificTMO

-$401M—

AzentaAZTA

$4.39M-2.3%

Personalis, Inc.PSNL

$47K+67.9%

Guardant HealthGH

$1.35M+70.3%

Natera, Inc.NTRA

$892K-11.2%

RevvityRVTY

——

Other financials

Income statement

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Revenue$1.2B+9.4%

Gross profit$770.0M+10.8%

Operating income$245.0M+14.5%

Net income$207.0M-11.9%

EPS (diluted)$1.35-9.4%

Balance sheet

See full

Cash & equivalents$1.0B+11.3%

Total debt$1.9B-7.3%

Total equity$2.8B+25.7%

Total assets$6.7B+9.2%

Cash flow

See full

Operating cash flow$201.0M-14.1%

CapEx$39.0M+30.0%

Free cash flow$162.0M-20.6%

Valuation

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Market cap$29.2B+69.7%

Enterprise value$30.1B+63.8%

P/E35.4×+21.7×

P/S6.5×+2.5×

Profitability

See full

Gross margin66.4%-0.2pp

Operating margin19.6%—

Net margin18.4%-11.0pp

FCF margin20.7%-3.3pp

Returns & leverage

See full

Return on equity32.4%-35.7pp

Debt / equity0.7×-0.2×

Current ratio1.8×0.0×

Where this comes from

Reported directly by Illumina in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.

The official record: Illumina’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Illumina's interest expense?: Illumina (ILMN) reported interest expense of $24M in Q1 2026.
How has Illumina's interest expense changed year-over-year?: Illumina's interest expense decreased by 4.0% year-over-year, from $25M to $24M.
What is the long-term trend for Illumina's interest expense?: Over 4 years (2021 to 2025), Illumina's interest expense has grown at a 13.0% compound annual growth rate (CAGR), from $62M to $101M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.