Illumina (ILMN) Work In Process (2011 - 2026)
Illumina (ILMN) recorded Work In Process of $427 million in Q1 2026, up 5.7% from $404 million a year earlier and up 7.3% from the prior quarter.
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Analysis
Illumina (ILMN) Work In Process (2011 - 2026) Analysis & Trends
At the end of FY2025, Illumina reported Work In Process of $398 million, down 1.5% from FY2024.
- Annual Work In Process has a four-year compound annual growth rate of 13.0% (FY2021 to FY2025).
- Across earlier years, Work In Process came in at $404 million in FY2024 (+0.5%), $402 million in FY2023 (+4.1%), $386 million in FY2022 and $244 million in FY2021.
- The Q1 2026 figure is the highest quarterly Work In Process in data going back to Q4 2011.
- On a year-over-year basis, Work In Process rose in four of the last eight quarters, with growth averaging 0.5%.
- Peak year-over-year performance for Work In Process in the last five years was growth of 5.7% in Q1 2026, against a decline of 1.5% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $398 million (Q4 2025), $418 million (Q3 2025) and $419 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 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 |
API Access
Illumina Work In Process 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=work-in-process&ticker=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();