Illumina (ILMN) Research & Development (2009 - 2026)
Illumina (ILMN) posted quarterly Research & Development of $252.0 million for Q2 2026, up 2.02% year-over-year from $247.0 million in Q2 2025, and up 5.0% on a QoQ basis from $240.0 million in Q1 2026.
Illumina (ILMN) Research & Development (2009 - 2026) Analysis & Trends
Illumina has reported Research & Development for 18 years, with the latest figure at $252.0 million in Q2 2026.
- Research & Development for Q2 2026 came in at $252.0 million, up 2.02% year-over-year; the trailing twelve-month figure through Jun 2026 was $960.0 million (down 4.76% YoY), and the FY2025 annual result was $967.0 million, down 17.28% from the prior year.
- Research & Development advanced to $252.0 million in Q2 2026, from $240.0 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.
- A 5-year average of $302.7 million and a median of $319.0 million in 2022 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development surged 63.96%; it then slipped 29.84% in 2023.
- A 5-year view of Research & Development shows it 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 gained by 5.44% to $252.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $252.0 million in Q2 2026, $240.0 million in Q1 2026, and $239.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 364.00 Mn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 412.00 Mn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 228.07 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 126.00 Mn |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | - |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 171.28 Mn |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 252.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 52.99 Mn |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | - |
| 10 | Quest Diagnostics | 27.10 Bn | 26.47 Bn | 1.03 Bn | - |
Historic Data
Download 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 |