Illumina (ILMN) Work In Process (2011 - 2026)
Illumina's (ILMN) quarterly Work In Process came in at $427.0 million in Q1 2026, up 5.69% on a YoY basis from $404.0 million in Q1 2025, and up 7.29% quarter-over-quarter from $398.0 million in Q4 2025.
Analysis
Illumina (ILMN) Work In Process (2011 - 2026) Analysis & Trends
Illumina (ILMN) has reported Work In Process for 16 consecutive years, with $427.0 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Work In Process rose 5.69% year-over-year to $427.0 million; the trailing twelve-month figure through Mar 2026 stood at $427.0 million (up 5.69% YoY), and the FY2025 full-year result was $398.0 million, down 1.49% from the prior year.
- Work In Process improved to $427.0 million in Q1 2026 per ILMN's latest filing, from $398.0 million in the prior quarter.
- Across five years, Work In Process topped out at $427.0 million in Q1 2026 and bottomed at $333.0 million in Q1 2022.
- Historically, Work In Process has averaged $398.1 million across 5 years, with a median of $404.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Work In Process jumped 36.48% in 2022, then decreased 1.49% in 2025.
- Over 5 years, Work In Process stood at $387.0 million in 2022, then climbed by 3.88% to $402.0 million in 2023, then advanced by 0.5% to $404.0 million in 2024, then retreated by 1.49% to $398.0 million in 2025, then grew by 7.29% to $427.0 million in 2026.
- According to Business Quant data, Work In Process over the past three periods registered $427.0 million, $398.0 million, and $418.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn |
Historic Data
Download Data
Historic 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 |