Illumina (ILMN) Tax Provisions (2009 - 2026)
Illumina (ILMN) reported Tax Provisions of $23.0 million for Q1 2026, down 54.9% on a YoY basis from $51.0 million in Q1 2025, and down 46.51% quarter-over-quarter from $43.0 million in Q4 2025.
Illumina (ILMN) Tax Provisions (2009 - 2026) Analysis & Trends
Illumina has reported Tax Provisions for 18 years, with the latest figure at $23.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 54.9% year-over-year to $23.0 million; the trailing twelve-month figure through Mar 2026 stood at $207.0 million (up 165.38% YoY), and the FY2025 full-year result was $236.0 million, up 436.36% from the prior year.
- Tax Provisions for Q1 2026 stood at $23.0 million, down from $43.0 million in the prior quarter.
- The five-year high for Tax Provisions was $145.0 million in Q3 2023, with the low at -$102.0 million in Q3 2022.
- Historically, Tax Provisions has averaged $22.6 million across 5 years, with a median of $20.0 million in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions slumped 563.64% — and 2025, when it surged 491.67%.
- Illumina's Tax Provisions stood at $144.0 million in 2022, then sank by 94.44% to $8.0 million in 2023, then surged by 87.5% to $15.0 million in 2024, then surged by 186.67% to $43.0 million in 2025, then sank by 46.51% to $23.0 million in 2026.
- The last three Tax Provisions figures came in at $23.0 million (Q1 2026), $43.0 million (Q4 2025), and $70.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -16.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 70.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 206.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 77.00 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 69.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 59.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 300,000.00 |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 23.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 40.20 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 74.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 23.00 Mn |
| Dec 28, 2025 | 43.00 Mn |
| Sep 28, 2025 | 70.00 Mn |
| Jun 29, 2025 | 71.00 Mn |
| Mar 30, 2025 | 51.00 Mn |
| Sep 29, 2024 | 15.00 Mn |
| Jun 30, 2024 | 12.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 8.00 Mn |
| Oct 1, 2023 | -28.00 Mn |
| Jul 2, 2023 | 145.00 Mn |
| Apr 2, 2023 | -81.00 Mn |
| Jan 1, 2023 | -80.00 Mn |
| Oct 2, 2022 | 144.00 Mn |
| Jul 3, 2022 | -102.00 Mn |
| Apr 3, 2022 | 54.00 Mn |
| Oct 3, 2021 | 103.00 Mn |
| Jul 4, 2021 | 22.00 Mn |
| Apr 4, 2021 | 22.00 Mn |
| Jan 3, 2021 | 42.00 Mn |