Illumina ILMN
NASDAQ ILMN
$245.18 +16.25 (+7.10%)
At close: Sep 17, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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