Net Income
Net Income
Illumina Net Income decreased by 59.9% to $134.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $131.00M to $134.00M. Over 4 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 2.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionNet Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher values indicate greater profitability and financial health, directly impacting shareholder value.
Detailed definition
The final bottom-line profit of the company after all operating expenses, non-operating expenses, and income taxes have...
Peer comparison
The most common metric for evaluating company performance against industry competitors.
Metric ID:
net_incomeHistorical Data
20 periods
| 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 | $185.00M | $317.00M | $113.00M | $86.00M | -$535.00M | -$3.82B | -$139.00M | $3.00M | -$234.00M | -$754.00M | -$176.00M | -$126.00M | -$1.99B | $705.00M | $186.00M | $131.00M | $235.00M | $150.00M | $334.00M | $134.00M |
| QoQ Change | — | +71.4% | -64.4% | -23.9% | -722.1% | -613.3% | +96.4% | +102.2% | <-999% | -222.2% | +76.7% | +28.4% | <-999% | +135.5% | -73.6% | -29.6% | +79.4% | -36.2% | +122.7% | -59.9% |
| YoY Change | — | — | — | — | -389.2% | <-999% | -223.0% | -96.5% | +56.3% | +80.2% | -26.6% | <-999% | -749.6% | +193.5% | +205.7% | +204.0% | +111.8% | -78.7% | +79.6% | +2.3% |
Range-$3.82B – $705.00M
CAGR-6.6%
Avg YoY Growth-389.6%
Median YoY Growth-12.2%
Business Segments
| Segment | Q1 '25 |
|---|---|
| Core Illumina | $164.00M |
| Total | $131.00M |
Net Income at Other Companies
Frequently Asked Questions
- What is Illumina's net income?
- Illumina (ILMN) reported net income of $134.00M 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 $131.00M to $134.00M.
- 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 $762.00M to $850.00M.
- What does net income mean?
- The total profit remaining after all costs, expenses, and taxes have been paid.