What is Illumina's PP&E (net)?

Illumina (ILMN) reported PP&E (net) of $755M in Q1 2026.

How has Illumina's PP&E (net) changed year-over-year?

Illumina's PP&E (net) decreased by 3.5% year-over-year, from $782M to $755M.

What is the long-term trend for Illumina's PP&E (net)?

Over 5 years (2020 to 2025), Illumina's PP&E (net) has grown at a -3.8% compound annual growth rate (CAGR), from $922M to $759M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Illumina ILMN PP&E (Net)

PP&E (Net) at other companies

RevvityRVTY

$465.64M-4.3%

Thermo Fisher ScientificTMO

$10.66B+14.2%

AzentaAZTA

$171.83M—

Pacific Biosciences of CaliforniaPACB

$24.38M-1.7%

Personalis, Inc.PSNL

$48.44M+0.9%

Guardant HealthGH

$150.04M+16.0%

Segments

By geography

See full

United States$750M—

Singapore$279M—

United Kingdom$124M—

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%

Net income$134.0M+2.3%

EPS (diluted)$0.87+6.1%

Balance sheet

See full

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

See full

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

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Illumina (ILMN) reported PP&E (net) of $755M in Q1 2026.
How has Illumina's PP&E (net) changed year-over-year?: Illumina's PP&E (net) decreased by 3.5% year-over-year, from $782M to $755M.
What is the long-term trend for Illumina's PP&E (net)?: Over 5 years (2020 to 2025), Illumina's PP&E (net) has grown at a -3.8% compound annual growth rate (CAGR), from $922M to $759M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.