Illumina (ILMN) Research & Development (2009 - 2026)

Illumina (ILMN) posted Research & Development of $240.0 million for Q1 2026, little changed quarter-over-quarter from $239.0 million in Q4 2025, and down 4.76% year-on-year from $252.0 million in Q1 2025.

Illumina (ILMN) Research & Development (2009 - 2026) Analysis & Trends

Illumina (ILMN) has reported Research & Development for 18 consecutive years, with $240.0 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $240.0 million, down 4.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $955.0 million (down 12.06% YoY), and the FY2025 annual result was $967.0 million, down 17.28% from the prior year.
  • Research & Development was $240.0 million for Q1 2026 at Illumina, roughly flat from $239.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $486.0 million in Q1 2023 and troughed at $229.0 million in Q3 2025.
  • Average Research & Development over 5 years is $305.6 million, with a median of $323.0 million recorded in 2022.
  • Year-over-year, Research & Development jumped 63.96% in 2022 and decreased 29.84% in 2023.
  • Over 5 years, Research & Development stood at $325.0 million in 2022, then climbed by 4.92% to $341.0 million in 2023, then dropped by 24.93% to $256.0 million in 2024, then slipped by 6.64% to $239.0 million in 2025, then increased by 0.42% to $240.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $240.0 million in Q1 2026, $239.0 million in Q4 2025, and $229.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 96.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 336.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 387.00 Mn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 65.79 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 210.70 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 126.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 240.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 51.28 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
Mar 29, 2026 240.00 Mn
Dec 28, 2025 239.00 Mn
Sep 28, 2025 229.00 Mn
Jun 29, 2025 247.00 Mn
Mar 30, 2025 252.00 Mn
Dec 29, 2024 256.00 Mn
Sep 29, 2024 253.00 Mn
Jun 30, 2024 325.00 Mn
Mar 31, 2024 339.00 Mn
Dec 31, 2023 341.00 Mn
Oct 1, 2023 315.00 Mn
Jul 2, 2023 358.00 Mn
Apr 2, 2023 341.00 Mn
Jan 1, 2023 486.00 Mn
Oct 2, 2022 325.00 Mn
Jul 3, 2022 327.00 Mn
Apr 3, 2022 323.00 Mn
Oct 3, 2021 436.00 Mn
Jul 4, 2021 202.00 Mn
Apr 4, 2021 197.00 Mn