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| Date | Value |
|---|---|
| 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 |