Illumina (ILMN) Research & Development (2009 - 2026)
Illumina's (ILMN) quarterly Research & Development came in at $252.0 million in Q2 2026, up 2.02% on a YoY basis from $247.0 million in Q2 2025, and up 5.0% quarter-over-quarter from $240.0 million in Q1 2026.
Analysis
Illumina (ILMN) Research & Development (2009 - 2026) Analysis & Trends
Illumina (ILMN) has reported Research & Development for 18 consecutive years, with $252.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 2.02% year-over-year to $252.0 million; the trailing twelve-month figure through Jun 2026 stood at $960.0 million (down 4.76% YoY), and the FY2025 full-year result was $967.0 million, down 17.28% from the prior year.
- Research & Development advanced to $252.0 million in Q2 2026 per ILMN's latest filing, from $240.0 million in the prior quarter.
- Across five years, Research & Development topped out at $486.0 million in Q1 2023 and bottomed at $229.0 million in Q3 2025.
- Historically, Research & Development has averaged $302.7 million across 5 years, with a median of $319.0 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 63.96% in 2022, then retreated 29.84% in 2023.
- Over 5 years, Research & Development stood at $325.0 million in 2022, then advanced by 4.92% to $341.0 million in 2023, then slipped by 24.93% to $256.0 million in 2024, then decreased by 6.64% to $239.0 million in 2025, then climbed by 5.44% to $252.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $252.0 million, $240.0 million, and $239.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 123.00 Mn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 252.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 48.97 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 23.95 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 61.20 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 14.42 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 56.79 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | 94.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 252.00 Mn |
| 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 |