What is Illumina's inventories?

Illumina (ILMN) reported inventories of $629M in Q2 2026.

How has Illumina's inventories changed year-over-year?

Illumina's inventories decreased by 9.2% year-over-year, from $693M to $629M.

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

Over 5 years (2020 to 2025), Illumina's inventories has grown at a -100.0% compound annual growth rate (CAGR), from $372M to $0.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Illumina ILMN Inventories

Inventories at other companies

RevvityRVTY

$387.51M+1.6%

AzentaAZTA

$78.51M—

Pacific Biosciences of CaliforniaPACB

$79.92M-3.5%

Guardant HealthGH

$83.85M+8.5%

Twist Bioscience CorporationTWST

$33.52M+60.7%

Natera, Inc.NTRA

$70.72M+40.4%

Other financials

Income statement

See full

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

See full

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:InventoryNet.

The official record: Illumina’s 8-K, filed July 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Illumina's inventories.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Illumina's inventories?: Illumina (ILMN) reported inventories of $629M in Q2 2026.
How has Illumina's inventories changed year-over-year?: Illumina's inventories decreased by 9.2% year-over-year, from $693M to $629M.
What is the long-term trend for Illumina's inventories?: Over 5 years (2020 to 2025), Illumina's inventories has grown at a -100.0% compound annual growth rate (CAGR), from $372M to $0.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.