Illumina (ILMN) Invested Capital (2010 - 2026)
Illumina (ILMN) recorded Invested Capital of $4.83 billion in Q2 2026, up 13.7% from $4.25 billion a year earlier and up 3.5% from the prior quarter.
Analysis
Illumina (ILMN) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Illumina reported Invested Capital of $4.71 billion, up 8.0% from FY2024.
- Annual Invested Capital has a four-year compound annual growth rate of -2.5% (FY2021 to FY2025).
- Across earlier years, Invested Capital came in at $4.36 billion in FY2024 (-39.7%), $7.23 billion in FY2023 (-22.5%), $9.33 billion in FY2022 and $5.21 billion in FY2021.
- The Q2 2026 figure is the highest quarterly Invested Capital since Q1 2024.
- On a year-over-year basis, Invested Capital has increased for three consecutive quarters, with an average decline of 12.1% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 15.8% in Q2 2025, against a decline of 58.3% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.67 billion (Q1 2026), $4.71 billion (Q4 2025) and $3.38 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 258.73 Bn | 235.24 Bn | 5.13 Bn | 96.14 Bn |
| 2 | Abbott Laboratories | 201.90 Bn | 172.33 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Intuitive Surgical | 167.84 Bn | 148.13 Bn | 2.08 Bn | - |
| 4 | Danaher | 164.30 Bn | 143.95 Bn | 3.84 Bn | 80.12 Bn |
| 5 | Medtronic | 135.01 Bn | 100.26 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 132.11 Bn | 118.30 Bn | 4.25 Bn | 38.39 Bn |
| 7 | Boston Scientific | 65.79 Bn | 61.23 Bn | 3.43 Bn | 37.83 Bn |
| 8 | Edwards Lifesciences | 59.52 Bn | 42.72 Bn | 1.35 Bn | 11.56 Bn |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 41.22 Bn |
| 10 | Illumina | 32.39 Bn | 27.10 Bn | 830.00 Mn | 4.93 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 4.93 Bn |
| Jun 28, 2026 | 4.83 Bn |
| Mar 29, 2026 | 4.67 Bn |
| Dec 28, 2025 | 4.71 Bn |
| Sep 28, 2025 | 3.38 Bn |
| Jun 29, 2025 | 4.25 Bn |
| Mar 30, 2025 | 4.36 Bn |
| Dec 29, 2024 | 4.36 Bn |
| Sep 29, 2024 | 4.11 Bn |
| Jun 30, 2024 | 3.67 Bn |
| Mar 31, 2024 | 7.22 Bn |
| Dec 31, 2023 | 7.23 Bn |
| Oct 1, 2023 | 7.39 Bn |
| Jul 2, 2023 | 8.79 Bn |
| Apr 2, 2023 | 8.93 Bn |
| Jan 1, 2023 | 9.33 Bn |
| Oct 2, 2022 | 8.47 Bn |
| Jul 3, 2022 | 12.18 Bn |
| Apr 3, 2022 | 11.89 Bn |
| Jan 2, 2022 | 11.73 Bn |
API Access
Illumina Invested Capital 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=invested-capital&ticker=ILMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();