Illumina (ILMN) Operating Income (2009 - 2026)
Illumina's Operating Income came in at $245 million for Q2 2026, up 14.5% from $214 million a year earlier and up 17.2% from the prior quarter.
Illumina (ILMN) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 28, 2026, Illumina reported Operating Income of $882 million, down 31.8% year-over-year; for FY2025, it came in at $807 million.
- Operating Income carries a four-year compound annual growth rate of 8.6% (FY2021 to FY2025).
- Going back by year, Operating Income was -$833 million in FY2024, -$1.07 billion in FY2023, -$4.18 billion in FY2022 and $580 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Operating Income since Q3 2024.
- Year-over-year, Operating Income has increased for three consecutive quarters, with an average decline of 3.1% over the last four quarters.
- Business Quant data shows ILMN's Operating Income at $209 million (Q1 2026), $201 million (Q4 2025) and $227 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 2.09 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 1.69 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 1.13 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 971.90 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 1.76 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 1.66 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 1.18 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 663.00 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 513.20 Mn |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 Mn | 245.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 245.00 Mn |
| Mar 29, 2026 | 209.00 Mn |
| Dec 28, 2025 | 201.00 Mn |
| Sep 28, 2025 | 227.00 Mn |
| Jun 29, 2025 | 214.00 Mn |
| Mar 30, 2025 | 164.00 Mn |
| Dec 29, 2024 | 175.00 Mn |
| Sep 29, 2024 | 741.00 Mn |
| Jun 30, 2024 | -1.64 Bn |
| Mar 31, 2024 | -111.00 Mn |
| Dec 31, 2023 | -164.00 Mn |
| Oct 1, 2023 | -754.00 Mn |
| Jul 2, 2023 | -88.00 Mn |
| Apr 2, 2023 | -64.00 Mn |
| Jan 1, 2023 | -4.02 Bn |
| Oct 2, 2022 | -3.66 Bn |
| Jul 3, 2022 | -579.00 Mn |
| Apr 3, 2022 | 184.00 Mn |
| Oct 3, 2021 | -545.00 Mn |
| Jul 4, 2021 | 187.00 Mn |
Illumina Operating Income 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=operating-income&ticker=ILMN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();