Illumina (ILMN) Tax Rate (2009 - 2026)
Illumina (ILMN) reported Tax Rate of 20.38% for Q2 2026, down 2.82 percentage points from 23.20% a year earlier but up 5.73 percentage points from the prior quarter.
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Analysis
Illumina (ILMN) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Illumina's Tax Rate came in at 18.64%, up 8.82 percentage points year-over-year; for FY2025, it was 21.73%.
- Tax Rate has a four-year change of -1.63 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 13.80% in FY2022 (-9.56 pp) and 23.36% in FY2021.
- Five-year quarterly Tax Rate spans a low of 2.08% in Q3 2024 and a high of 31.82% in Q3 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.65% (Q1 2026), 11.41% (Q4 2025) and 31.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 261.60 Bn | 238.24 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 199.98 Bn | 171.06 Bn | 7.27 Bn | 39.11% |
| 3 | Intuitive Surgical | 167.10 Bn | 147.52 Bn | 2.08 Bn | 21.54% |
| 4 | Danaher | 165.26 Bn | 144.92 Bn | 3.84 Bn | - |
| 5 | Medtronic | 134.46 Bn | 100.33 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 129.35 Bn | 115.54 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 66.41 Bn | 62.09 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 57.13 Bn | 40.44 Bn | 1.35 Bn | 17.02% |
| 9 | Becton Dickinson | 56.98 Bn | 54.13 Bn | 2.32 Bn | 18.41% |
| 10 | Illumina | 34.25 Bn | 28.96 Bn | 830.00 Mn | 16.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 16.67% |
| Jun 28, 2026 | 20.38% |
| Mar 29, 2026 | 14.65% |
| Dec 28, 2025 | 11.41% |
| Sep 28, 2025 | 31.82% |
| Jun 29, 2025 | 23.20% |
| Mar 30, 2025 | 28.02% |
| Sep 29, 2024 | 2.08% |
| Apr 3, 2022 | 38.57% |
| Oct 3, 2021 | 24.52% |
| Jul 4, 2021 | 10.63% |
| Apr 4, 2021 | 13.02% |
| Jan 3, 2021 | 14.05% |
| Sep 27, 2020 | 16.74% |
| Jun 28, 2020 | 71.52% |
| Mar 29, 2020 | 2.81% |
| Dec 29, 2019 | 11.15% |
| Sep 29, 2019 | 13.33% |
| Jun 30, 2019 | 15.32% |
| Mar 31, 2019 | 3.86% |
API Access
Illumina Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ILMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();