Illumina (ILMN) Work In Process (2011 - 2026)
Illumina (ILMN) posted quarterly Work In Process of $427.0 million for Q1 2026, up 5.69% year-over-year from $404.0 million in Q1 2025, and up 7.29% on a QoQ basis from $398.0 million in Q4 2025.
Illumina (ILMN) Work In Process (2011 - 2026) Analysis & Trends
Illumina has reported Work In Process for 16 years, with the latest figure at $427.0 million in Q1 2026.
- Work In Process for Q1 2026 came in at $427.0 million, up 5.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $427.0 million (up 5.69% YoY), and the FY2025 annual result was $398.0 million, down 1.49% from the prior year.
- Work In Process improved to $427.0 million in Q1 2026, from $398.0 million in the prior quarter.
- Over five years, Work In Process peaked at $427.0 million in Q1 2026 and troughed at $333.0 million in Q1 2022.
- A 5-year average of $398.1 million and a median of $404.0 million in 2023 frame the typical range for Work In Process.
- The widest annual swing landed in 2022, when Work In Process soared 36.48%; it then dropped 1.49% in 2025.
- A 5-year view of Work In Process shows it stood at $387.0 million in 2022, then gained by 3.88% to $402.0 million in 2023, then rose by 0.5% to $404.0 million in 2024, then declined by 1.49% to $398.0 million in 2025, then advanced by 7.29% to $427.0 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $427.0 million in Q1 2026, $398.0 million in Q4 2025, and $418.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 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 |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 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 |
|---|---|
| Mar 29, 2026 | 427.00 Mn |
| Dec 28, 2025 | 398.00 Mn |
| Sep 28, 2025 | 418.00 Mn |
| Jun 29, 2025 | 419.00 Mn |
| Mar 30, 2025 | 404.00 Mn |
| Dec 29, 2024 | 404.00 Mn |
| Sep 29, 2024 | 419.00 Mn |
| Jun 30, 2024 | 416.00 Mn |
| Mar 31, 2024 | 405.00 Mn |
| Dec 31, 2023 | 402.00 Mn |
| Oct 1, 2023 | 423.00 Mn |
| Jul 2, 2023 | 415.00 Mn |
| Apr 2, 2023 | 404.00 Mn |
| Jan 1, 2023 | 386.00 Mn |
| Oct 2, 2022 | 387.00 Mn |
| Jul 3, 2022 | 366.00 Mn |
| Apr 3, 2022 | 340.00 Mn |
| Jan 2, 2022 | 333.00 Mn |
| Oct 3, 2021 | 286.00 Mn |
| Jul 4, 2021 | 278.00 Mn |