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 213.88 Bn 209.81 Bn 8.34 Bn
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn

Historic Data

Download Data
DateValue
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