Illumina Quarterly Income Statement
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At close: Oct 9, 4:00 PM ET · Delayed 15 min
Illumina revenue and earnings
In the quarter ended Jun 28, 2026, Illumina generated $1.16 billion in revenue, up 9.4% from the same quarter a year earlier. Net income was $207.0 million (-11.9% year over year), for a net margin of 17.9% versus a median of 13.8% in the prior 5 quarters. Gross margin was 66.4% (up from 65.6%) and operating margin 21.1%.
Diluted earnings per share came in at $1.35, down from $1.49.
Summary generated from market data by MetaCap's automated system. Methodology
Illumina income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-28 | Q1 20262026-03-29 | Q4 20252025-12-28 | Q3 20252025-09-28 | Q2 20252025-06-29 | Q1 20252025-03-30 | Q4 20242024-12-29 | Q3 20242024-09-29 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-10-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.16B | 1.09B | 1.16B | 1.08B | 1.06B | 1.04B | 1.10B | 1.08B | 1.11B | 1.08B | 1.12B | 1.12B |
| Revenue growth (YoY) | +9.44% | +4.80% | +4.98% | +0.37% | -4.77% | -3.25% | -1.60% | -3.49% | -5.44% | -1.01% | +3.60% | +0.36% |
| Cost of Revenue | 389.00M | 370.00M | 400.00M | 351.00M | 364.00M | 358.00M | 376.00M | 335.00M | 391.00M | 409.00M | 448.00M | 435.00M |
| Gross Profit | 770.00M | 721.00M | 759.00M | 733.00M | 695.00M | 683.00M | 728.00M | 745.00M | 721.00M | 667.00M | 674.00M | 684.00M |
| Operating Expenses | 525.00M | 512.00M | 558.00M | 506.00M | 481.00M | 519.00M | 553.00M | 4.00M | 2.36B | 778.00M | 838.00M | 1.44B |
| Research & Development | 252.00M | 240.00M | 239.00M | 229.00M | 247.00M | 252.00M | 256.00M | 253.00M | 325.00M | 339.00M | 341.00M | 315.00M |
| Selling, General & Admin | 273.00M | 272.00M | 309.00M | 277.00M | 234.00M | 267.00M | 279.00M | 239.00M | 147.00M | 439.00M | 485.00M | 303.00M |
| Operating Income | 245.00M | 209.00M | 201.00M | 227.00M | 214.00M | 164.00M | 175.00M | 741.00M | -1.64B | -111.00M | -164.00M | -754.00M |
| Interest Expense | 24.00M | 24.00M | 26.00M | 25.00M | 25.00M | 25.00M | 25.00M | 36.00M | 20.00M | 18.00M | 18.00M | 19.00M |
| Other Income (Expense) | 15.00M | -52.00M | 176.00M | -7.00M | 92.00M | 18.00M | 12.00M | -21.00M | -339.00M | 2.00M | -3.00M | -28.00M |
| Pretax Income | 260.00M | 157.00M | 377.00M | 220.00M | 306.00M | 182.00M | 187.00M | 720.00M | -1.98B | -109.00M | -167.00M | -782.00M |
| Income Tax | 53.00M | 23.00M | 43.00M | 70.00M | 71.00M | 51.00M | 0 | 15.00M | 12.00M | 17.00M | 8.00M | -28.00M |
| Net Income | 207.00M | 134.00M | 334.00M | 150.00M | 235.00M | 131.00M | 186.00M | 705.00M | -1.99B | -126.00M | -176.00M | -754.00M |
| Net Income growth (YoY) | -11.91% | +2.29% | +79.57% | -78.72% | — | — | — | — | — | -4300.00% | — | — |
| EPS (Basic) | 1.37 | 0.88 | 2.17 | 0.98 | 1.49 | 0.83 | 1.15 | 4.43 | -12.48 | -0.79 | -1.11 | -4.77 |
| EPS (Diluted) | 1.35 | 0.87 | 2.16 | 0.98 | 1.49 | 0.82 | 1.16 | 4.42 | -12.48 | -0.79 | -1.11 | -4.77 |
| Shares Outstanding (Basic) | 151.00M | 153.00M | — | 153.00M | 157.00M | 159.00M | — | 159.00M | 159.00M | 159.00M | — | 158.00M |
| Shares Outstanding (Diluted) | 153.00M | 154.00M | — | 154.00M | 157.00M | 159.00M | — | 160.00M | 159.00M | 159.00M | — | 158.00M |
| EBITDA | 296.00M | 260.00M | 267.00M | 294.00M | 282.00M | 233.00M | 246.00M | 811.00M | -1.53B | -3.00M | -104.00M | -695.00M |
| Gross Margin | 66.44% | 66.09% | 65.49% | 67.62% | 65.63% | 65.61% | 65.94% | 68.98% | 64.84% | 61.99% | 60.07% | 61.13% |
| Operating Margin | 21.14% | 19.16% | 17.34% | 20.94% | 20.21% | 15.75% | 15.85% | 68.61% | -147.21% | -10.32% | -14.62% | -67.38% |
| Net Margin | 17.86% | 12.28% | 28.82% | 13.84% | 22.19% | 12.58% | 16.85% | 65.28% | -178.78% | -11.71% | -15.69% | -67.38% |
This table shows 12 quarterly periods of Illumina's income statement, from Q2 2026 back to Q3 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ILMN's reporting calendar. What is a income statement?