Illumina (ILMN) Gross Margin (2009 - 2026)

Illumina has reported Gross Margin for 18 years, with the latest figure at 66.09% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 48.0% year-over-year to 66.09%; the trailing twelve-month figure through Mar 2026 stood at 66.2% (down 14.0% YoY), and the FY2025 full-year result was 66.08%, up 64.0% from the prior year.
• Gross Margin for Q1 2026 stood at 66.09%, up from 65.49% in the prior quarter.
• The five-year high for Gross Margin was 68.98% in Q3 2024, with the low at 50.52% in Q1 2023.
• Historically, Gross Margin has averaged 63.73% across 5 years, with a median of 65.49% in 2025.
• The largest YoY upside for Gross Margin was 955 bps in 2023 against a maximum downside of 638 bps in 2023.
• Illumina's Gross Margin stood at 64.3% in 2022, then slipped by 7 bps to 60.07% in 2023, then grew by 10 bps to 65.94% in 2024, then retreated by 1 bps to 65.49% in 2025, then climbed by 1 bps to 66.09% in 2026.
• The last three Gross Margin figures came in at 66.09% (Q1 2026), 65.49% (Q4 2025), and 67.62% (Q3 2025), per Business Quant data.