Illumina (ILMN) Net Margin (2009 - 2026)
Illumina (ILMN) posted Net Margin of 12.28% for Q1 2026, down 57.38% quarter-over-quarter from 28.82% in Q4 2025, and down 30.0% year-on-year from 17.55% in Q1 2025.
Illumina (ILMN) Net Margin (2009 - 2026) Analysis & Trends
Illumina (ILMN) has reported Net Margin for 18 consecutive years, with 12.28% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 12.28%, down 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.42% (up 4167.0% YoY), and the FY2025 annual result was 19.57%, up 4755.0% from the prior year.
- Net Margin was 12.28% for Q1 2026 at Illumina, down from 28.82% in the prior quarter.
- Over five years, Net Margin peaked at 65.28% in Q3 2024 and troughed at 402.07% in Q1 2023.
- Average Net Margin over 5 years is 53.2%, with a median of 0.28% recorded in 2023.
- Year-over-year, Net Margin slumped 37085 bps in 2022 and soared 38647 bps in 2023.
- Over 5 years, Net Margin stood at 342.24% in 2022, then soared by 95 bps to 15.6% in 2023, then surged by 209 bps to 16.94% in 2024, then soared by 70 bps to 28.82% in 2025, then plunged by 57 bps to 12.28% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 12.28% in Q1 2026, 28.82% in Q4 2025, and 13.84% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 24.41% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -12.22% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 18.47% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 3.40% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 17.89% |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | -1.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 12.28% |
| Dec 28, 2025 | 28.82% |
| Sep 28, 2025 | 13.84% |
| Jun 29, 2025 | 22.19% |
| Mar 30, 2025 | 12.58% |
| Dec 29, 2024 | 16.94% |
| Sep 29, 2024 | 65.28% |
| Jun 30, 2024 | -178.78% |
| Mar 31, 2024 | -11.71% |
| Dec 31, 2023 | -15.60% |
| Oct 1, 2023 | -67.38% |
| Jul 2, 2023 | -19.90% |
| Apr 2, 2023 | 0.28% |
| Jan 1, 2023 | -402.07% |
| Oct 2, 2022 | -342.24% |
| Jul 3, 2022 | -46.04% |
| Apr 3, 2022 | 7.03% |
| Oct 3, 2021 | 28.61% |
| Jul 4, 2021 | 16.43% |
| Apr 4, 2021 | 13.45% |