What is Illumina's net income?

Illumina (ILMN) reported net income of $207M in Q2 2026.

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

Illumina's net income decreased by 11.9% year-over-year, from $235M to $207M.

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?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Illumina ILMN Net Income

Net Income at other companies

RevvityRVTY

$40.72M-3.6%

Thermo Fisher ScientificTMO

$1.74B+7.6%

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$1.2B+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

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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

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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

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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:NetIncomeLoss.

The official record: Illumina’s 8-K, filed July 30, 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 $207M in Q2 2026.
How has Illumina's net income changed year-over-year?: Illumina's net income decreased by 11.9% year-over-year, from $235M to $207M.
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?: Net income as the starting point for the indirect method operating cash flow reconciliation.