Illumina (ILMN) Tax Rate (2009 - 2026)

Illumina (ILMN) has reported Tax Rate for 18 consecutive years, with 14.65% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 14.65%, down 1337.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.53% (up 2832.0% YoY), and the FY2025 annual result was 21.73%, up 2546.0% from the prior year.
• Tax Rate was 14.65% for Q1 2026 at Illumina, up from 11.41% in the prior quarter.
• Over five years, Tax Rate peaked at 103.85% in Q2 2023 and troughed at 162.92% in Q3 2023.
• Average Tax Rate over 5 years is 5.43%, with a median of 7.49% recorded in 2023.
• Year-over-year, Tax Rate plunged 17893 bps in 2023 and soared 16231 bps in 2024.
• Over 5 years, Tax Rate stood at 3.92% in 2022, then declined 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 advanced by 28 bps to 14.65% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 14.65% in Q1 2026, 11.41% in Q4 2025, and 31.82% in Q3 2025.