Illumina (ILMN) Research & Development (2009 - 2026)
Illumina (ILMN) reported Research & Development of $240.0 million for Q1 2026, down 4.76% on a YoY basis from $252.0 million in Q1 2025, and little changed quarter-over-quarter from $239.0 million in Q4 2025.
Illumina (ILMN) Research & Development (2009 - 2026) Analysis & Trends
Illumina has reported Research & Development for 18 years, with the latest figure at $240.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 4.76% year-over-year to $240.0 million; the trailing twelve-month figure through Mar 2026 stood at $955.0 million (down 12.06% YoY), and the FY2025 full-year result was $967.0 million, down 17.28% from the prior year.
- Research & Development for Q1 2026 stood at $240.0 million, roughly flat from $239.0 million in the prior quarter.
- The five-year high for Research & Development was $486.0 million in Q1 2023, with the low at $229.0 million in Q3 2025.
- Historically, Research & Development has averaged $305.6 million across 5 years, with a median of $323.0 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development surged 63.96% — and 2023, when it fell 29.84%.
- Illumina's Research & Development stood at $325.0 million in 2022, then rose by 4.92% to $341.0 million in 2023, then retreated by 24.93% to $256.0 million in 2024, then fell by 6.64% to $239.0 million in 2025, then advanced by 0.42% to $240.0 million in 2026.
- The last three Research & Development figures came in at $240.0 million (Q1 2026), $239.0 million (Q4 2025), and $229.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 96.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 336.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 387.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 65.79 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 126.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | - |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 210.70 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 240.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 51.28 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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 |