What is Illumina's net income?

Illumina (ILMN) reported net income of $134M in Q1 2026.

How has Illumina's net income changed year-over-year?

Illumina's net income increased by 2.3% year-over-year, from $131M to $134M.

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

Over 4 years (2021 to 2025), Illumina's net income has grown at a 2.8% compound annual growth rate (CAGR), from $762M to $850M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Illumina ILMN Net Income

Net Income at other companies

RevvityRVTY

$40.72M-3.6%

Thermo Fisher ScientificTMO

$1.65B+9.6%

AzentaAZTA

-$160.8M-237%

Pacific Biosciences of CaliforniaPACB

-$8.28M+98.1%

Personalis, Inc.PSNL

-$30.03M-90.7%

Guardant HealthGH

-$112.08M-17.8%

Other financials

Income statement

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Revenue$1.1B+4.8%

Gross profit$721.0M+5.6%

Operating income$209.0M+27.4%

EPS (diluted)$0.87+6.1%

Balance sheet

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Cash & equivalents$1.1B-2.2%

Total debt$2.0B-3.0%

Total equity$2.7B+13.0%

Total assets$6.6B+6.1%

Cash flow

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Operating cash flow$289.0M+20.4%

CapEx$38.0M+18.8%

Free cash flow$251.0M+20.7%

Valuation

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Market cap$26.6B+91.5%

Enterprise value$27.56B+83.6%

P/E31.2×+20.1×

P/S6.1×+2.8×

Profitability

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Gross margin66.2%-0.1pp

Operating margin19.4%—

Net margin19.4%+12.7pp

FCF margin22.2%+2.0pp

Returns & leverage

See full

Return on equity33.8%+23.9pp

Debt / equity0.8×-0.1×

Current ratio1.7×-0.1×

Where this comes from

Reported directly by Illumina in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?: Illumina (ILMN) reported net income of $134M in Q1 2026.
How has Illumina's net income changed year-over-year?: Illumina's net income increased by 2.3% year-over-year, from $131M to $134M.
What is the long-term trend for Illumina's net income?: Over 4 years (2021 to 2025), Illumina's net income has grown at a 2.8% compound annual growth rate (CAGR), from $762M to $850M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.