Illumina (ILMN) Operating Leases (2019 - 2026)
Illumina's (ILMN) quarterly Operating Leases came in at $454.0 million in Q2 2026, down 14.02% on a YoY basis from $528.0 million in Q2 2025, and down 4.42% quarter-over-quarter from $475.0 million in Q1 2026.
Analysis
Illumina (ILMN) Operating Leases (2019 - 2026) Analysis & Trends
Illumina (ILMN) has reported Operating Leases for 8 consecutive years, with $454.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 14.02% year-over-year to $454.0 million; the trailing twelve-month figure through Jun 2026 stood at $454.0 million (down 14.02% YoY), and the FY2025 full-year result was $486.0 million, down 12.27% from the prior year.
- Operating Leases slipped to $454.0 million in Q2 2026 per ILMN's latest filing, from $475.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $803.0 million in Q2 2022 and bottomed at $454.0 million in Q2 2026.
- Historically, Operating Leases has averaged $640.7 million across 5 years, with a median of $687.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Leases gained 20.93% in 2022, then decreased 23.0% in 2025.
- Over 5 years, Operating Leases stood at $748.0 million in 2022, then slipped by 8.16% to $687.0 million in 2023, then dropped by 19.36% to $554.0 million in 2024, then retreated by 12.27% to $486.0 million in 2025, then declined by 6.58% to $454.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $454.0 million, $475.0 million, and $486.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 454.00 Mn |
| Mar 29, 2026 | 475.00 Mn |
| Dec 28, 2025 | 486.00 Mn |
| Sep 28, 2025 | 506.00 Mn |
| Jun 29, 2025 | 528.00 Mn |
| Mar 30, 2025 | 539.00 Mn |
| Dec 29, 2024 | 554.00 Mn |
| Sep 29, 2024 | 613.00 Mn |
| Jun 30, 2024 | 616.00 Mn |
| Mar 31, 2024 | 700.00 Mn |
| Dec 31, 2023 | 687.00 Mn |
| Oct 1, 2023 | 698.00 Mn |
| Jul 2, 2023 | 726.00 Mn |
| Apr 2, 2023 | 747.00 Mn |
| Jan 1, 2023 | 744.00 Mn |
| Oct 2, 2022 | 748.00 Mn |
| Jul 3, 2022 | 775.00 Mn |
| Apr 3, 2022 | 803.00 Mn |
| Jan 2, 2022 | 774.00 Mn |
| Oct 3, 2021 | 784.00 Mn |