Illumina (ILMN) Cost of Revenue (2009 - 2026)

Illumina (ILMN) posted Cost of Revenue of $370.0 million for Q1 2026, down 7.5% quarter-over-quarter from $400.0 million in Q4 2025, and up 3.35% year-on-year from $358.0 million in Q1 2025.

Illumina (ILMN) Cost of Revenue (2009 - 2026) Analysis & Trends

Illumina (ILMN) has reported Cost of Revenue for 18 consecutive years, with $370.0 million the latest figure, recorded in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $370.0 million, up 3.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 1.71% YoY), and the FY2025 annual result was $1.5 billion, down 2.51% from the prior year.
  • Cost of Revenue was $370.0 million for Q1 2026 at Illumina, down from $400.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $622.0 million in Q1 2023 and troughed at $335.0 million in Q3 2024.
  • Average Cost of Revenue over 5 years is $408.0 million, with a median of $398.0 million recorded in 2022.
  • Year-over-year, Cost of Revenue grew 24.01% in 2022 and dropped 27.97% in 2023.
  • Over 5 years, Cost of Revenue stood at $398.0 million in 2022, then climbed by 12.56% to $448.0 million in 2023, then decreased by 16.07% to $376.0 million in 2024, then gained by 6.38% to $400.0 million in 2025, then decreased by 7.5% to $370.0 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $370.0 million in Q1 2026, $400.0 million in Q4 2025, and $351.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 155.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 3.26 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.36 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 175.25 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 608,000.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 845.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.80 Bn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 370.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 118.74 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 1.95 Bn

Historic Data

Download Data
DateValue
Mar 29, 2026 370.00 Mn
Mar 29, 2026 370.00 Mn
Dec 28, 2025 400.00 Mn
Dec 28, 2025 400.00 Mn
Sep 28, 2025 351.00 Mn
Sep 28, 2025 351.00 Mn
Jun 29, 2025 364.00 Mn
Jun 29, 2025 364.00 Mn
Mar 30, 2025 358.00 Mn
Mar 30, 2025 358.00 Mn
Dec 29, 2024 376.00 Mn
Dec 29, 2024 376.00 Mn
Sep 29, 2024 335.00 Mn
Sep 29, 2024 335.00 Mn
Jun 30, 2024 391.00 Mn
Jun 30, 2024 391.00 Mn
Mar 31, 2024 409.00 Mn
Mar 31, 2024 409.00 Mn
Dec 31, 2023 448.00 Mn
Dec 31, 2023 448.00 Mn