Illumina ILMN
NASDAQ ILMN
$245.18 +16.25 (+7.10%)
At close: Sep 17, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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