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Illumina ILMN Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin265%+7.3pp265.2%+12.4pp264.5%+16.3pp262.3%+16.5pp257.7%+11.7pp
Net margin84.7%+240pp43%+205pp-4.5%+155pp-57%+91.4pp-155.1%+18.4pp
Returns
Return on equity166.4%+336pp108.7%+275pp45.2%+201pp-25.4%+108pp-169.7%-63.1pp
Efficiency
Asset turnover2.8×+0.7×2.6×+0.6×2.5×+0.6×2.3×+0.6×2.1×+0.5×
Liquidity
Current ratio7.1×-0.1×7.2×+0.1×6.9×-0.1×7.9×+1.7×7.2×+0.7×
Leverage
Debt-to-equity3.1×-1.4×3.2×-0.8×3.4×-0.2×+1.3×4.6×+2.9×
Per Share
Book value per share$64.67+24.1%$62.19-15.2%$59.66-37.0%$57.48-51.6%$52.13-65.5%
Valuation
Market capitalization$67.97B-4.4%$61.69B-23.2%$62.85B-22.7%$68.98B-16.1%$71.09B-25.4%
Price / earnings78×
Price / sales15.7×-0.5×14.3×-3.9×14.5×-3.7×15.9×-2.5×16.2×-5.1×
Price / book26.9×-8.6×25.2×-8.8×26.8×-2.2×30.4×+7.5×35.6×+19.7×

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Questions, answered.

What are Illumina's profit margins?
Illumina (ILMN) runs a 66.2% gross margin and a 19.4% operating margin, with a 19.4% net margin.
Where do Illumina's ratios come from?
Every ratio is computed from Illumina's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.