Illumina (ILMN) FCF Margin (2009 - 2026)
Illumina (ILMN) posted FCF Margin of 13.89% for Q2 2026, down 5.37 percentage points from 19.26% a year earlier and down 9.12 percentage points from the prior quarter.
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Analysis
Illumina (ILMN) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, FCF Margin at Illumina was 20.72%, down 3.35 percentage points year-over-year; for FY2025, it was 21.44%, up 5.22 percentage points from FY2024.
- Annual FCF Margin has increased for three consecutive years, though with a four-year change of -6.07 percentage points (FY2021 to FY2025).
- In prior years, Illumina's FCF Margin was 16.22% in FY2024 (+9.93 pp), 6.28% in FY2023 (+3.97 pp), 2.31% in FY2022 and 27.51% in FY2021.
- The Q2 2026 figure stands as the lowest quarterly FCF Margin since Q2 2024.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +6.39 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2024, with a gain of 17.90 percentage points; the weakest was Q4 2025, with a drop of 7.39 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 23.01% (Q1 2026), 22.95% (Q4 2025) and 23.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 261.60 Bn | 238.24 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 199.98 Bn | 171.06 Bn | 7.27 Bn | 15.81% |
| 3 | Intuitive Surgical | 167.10 Bn | 147.52 Bn | 2.08 Bn | 36.44% |
| 4 | Danaher | 165.26 Bn | 144.92 Bn | 3.84 Bn | 24.89% |
| 5 | Medtronic | 134.46 Bn | 100.33 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 129.35 Bn | 115.54 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 66.41 Bn | 62.09 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 57.13 Bn | 40.44 Bn | 1.35 Bn | 29.54% |
| 9 | Becton Dickinson | 56.98 Bn | 54.13 Bn | 2.32 Bn | 12.70% |
| 10 | Illumina | 34.25 Bn | 28.96 Bn | 830.00 Mn | 33.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 33.57% |
| Jun 28, 2026 | 13.89% |
| Mar 29, 2026 | 23.01% |
| Dec 28, 2025 | 22.95% |
| Sep 28, 2025 | 23.34% |
| Jun 29, 2025 | 19.26% |
| Mar 30, 2025 | 19.98% |
| Dec 29, 2024 | 30.34% |
| Sep 29, 2024 | 26.30% |
| Jun 30, 2024 | 4.41% |
| Mar 31, 2024 | 3.81% |
| Dec 31, 2023 | 15.42% |
| Oct 1, 2023 | 8.40% |
| Jul 2, 2023 | 4.93% |
| Apr 2, 2023 | -3.86% |
| Jan 1, 2023 | -1.51% |
| Apr 3, 2022 | 9.08% |
| Oct 3, 2021 | -29.24% |
| Jul 4, 2021 | 18.56% |
| Apr 4, 2021 | 21.96% |
API Access
Illumina FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "ILMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();