Illumina (ILMN) Tax Rate (2009 - 2026)

Illumina has reported Tax Rate for 18 years, with the latest figure at 20.38% in Q2 2026.

• Tax Rate for Q2 2026 came in at 20.38%, down 282.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 18.64% (up 882.0% YoY), and the FY2025 annual result was 21.73%, up 2546.0% from the prior year.
• Tax Rate climbed to 20.38% in Q2 2026, from 14.65% in the prior quarter.
• Over five years, Tax Rate peaked at 103.85% in Q2 2023 and troughed at 162.92% in Q3 2023.
• A 5-year average of 6.31% and a median of 11.41% in 2025 frame the typical range for Tax Rate.
• The widest annual swing landed in 2023, when Tax Rate sank 17893 bps; it then jumped 16231 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 3.92% in 2022, then decreased by 22 bps to 4.79% in 2023, then jumped by 143 bps to 2.08% in 2024, then surged by 447 bps to 11.41% in 2025, then jumped by 79 bps to 20.38% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 20.38% in Q2 2026, 14.65% in Q1 2026, and 11.41% in Q4 2025.