Illumina (ILMN) Cost of Revenue (2009 - 2026)
Illumina's (ILMN) quarterly Cost of Revenue came in at $389.0 million in Q2 2026, up 6.87% on a YoY basis from $364.0 million in Q2 2025, and up 5.14% quarter-over-quarter from $370.0 million in Q1 2026.
Analysis
Illumina (ILMN) Cost of Revenue (2009 - 2026) Analysis & Trends
Illumina (ILMN) has reported Cost of Revenue for 18 consecutive years, with $389.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 6.87% year-over-year to $389.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.5 billion (up 5.37% YoY), and the FY2025 full-year result was $1.5 billion, down 2.51% from the prior year.
- Cost of Revenue improved to $389.0 million in Q2 2026 per ILMN's latest filing, from $370.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $622.0 million in Q1 2023 and bottomed at $335.0 million in Q3 2024.
- Historically, Cost of Revenue has averaged $406.9 million across 5 years, with a median of $396.5 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue climbed 24.01% in 2022, then slipped 27.97% in 2023.
- Over 5 years, Cost of Revenue stood at $398.0 million in 2022, then advanced by 12.56% to $448.0 million in 2023, then retreated by 16.07% to $376.0 million in 2024, then rose by 6.38% to $400.0 million in 2025, then slipped by 2.75% to $389.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $389.0 million, $370.0 million, and $400.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 3.65 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 2.65 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 836.00 Mn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 389.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 312.82 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 109.80 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 305.20 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 94.09 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 38.54 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | 422.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 389.00 Mn |
| Mar 29, 2026 | 370.00 Mn |
| Dec 28, 2025 | 400.00 Mn |
| Sep 28, 2025 | 351.00 Mn |
| Jun 29, 2025 | 364.00 Mn |
| Mar 30, 2025 | 358.00 Mn |
| Dec 29, 2024 | 376.00 Mn |
| Sep 29, 2024 | 335.00 Mn |
| Jun 30, 2024 | 391.00 Mn |
| Mar 31, 2024 | 409.00 Mn |
| Dec 31, 2023 | 448.00 Mn |
| Oct 1, 2023 | 435.00 Mn |
| Jul 2, 2023 | 444.00 Mn |
| Apr 2, 2023 | 432.00 Mn |
| Jan 1, 2023 | 622.00 Mn |
| Oct 2, 2022 | 398.00 Mn |
| Jul 3, 2022 | 395.00 Mn |
| Apr 3, 2022 | 408.00 Mn |
| Oct 3, 2021 | 338.00 Mn |
| Jul 4, 2021 | 324.00 Mn |