KPIs & Operating Metrics(New)
Growth Metrics

Illumina (ILMN) Gross Margin (2016 - 2026)

Illumina filings provide 18 years of Gross Margin readings, the most recent being 66.09% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 48.0% to 66.09% in Q1 2026 year-over-year; TTM through Mar 2026 was 66.2%, a 14.0% decrease, with the full-year FY2025 number at 66.08%, up 64.0% from a year prior.
  • Gross Margin hit 66.09% in Q1 2026 for Illumina, up from 65.49% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 68.98% in Q3 2024 to a low of 50.52% in Q1 2023.
  • Median Gross Margin over the past 5 years was 65.49% (2025), compared with a mean of 63.73%.
  • The widest YoY moves for Gross Margin: up 955bps in 2023, down -638bps in 2023.
  • Illumina's Gross Margin stood at 64.3% in 2022, then decreased by -7bps to 60.07% in 2023, then rose by 10bps to 65.94% in 2024, then fell by -1bps to 65.49% in 2025, then increased by 1bps to 66.09% in 2026.
  • The last three reported values for Gross Margin were 66.09% (Q1 2026), 65.49% (Q4 2025), and 67.62% (Q3 2025) per Business Quant data.