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.
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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 five consecutive quarters, with an average decline of 9.1% 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 $4.37 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | - |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 41.22 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 11.32 Bn |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 Mn | 4.83 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 4.83 Bn |
| Mar 29, 2026 | 4.67 Bn |
| Dec 28, 2025 | 4.71 Bn |
| Sep 28, 2025 | 4.37 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 |
| Oct 3, 2021 | 11.59 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_KEYimport 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();