Illumina, Inc.

ILMN Healthcare Diagnostics & Research

Illumina, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, down 0.66% from fiscal 2024. In the quarter to June 2026, revenue grew 9.44%, EPS fell 8.05%, free cash flow fell 18.3% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

262.03 5.90 −2.20%
Market cap
$40.5B
P/E
48.4×
Fwd P/E
34.7×
Dividend yield
—
F-score
8/9
Altman Z
4.39
Beneish M
−2.51
Dividend safety
n/a

Illumina, Inc. (ILMN) Net margin

Alert me on Net margin

Illumina, Inc.'s net margin over the twelve months to 30 June 2026 was 18.4%, down 1.2 percentage points from fiscal 2025 (19.6%). Over the past ten years it has ranged from −96.1% (fiscal 2022) to 28.3% (fiscal 2019); the current reading is higher than 55% of that period. That is above the Diagnostics & Research industry median of −6.37% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 19.6% 47.54
FY2024 −28.0% (2.19)
FY2023 −25.8% 70.29
FY2022 −96.1% (112.91)
FY2021 16.8% (3.41)
FY2020 20.3% (8.03)
FY2019 28.3% 3.50
FY2018 24.8% (1.60)
FY2017 26.4% 7.07
FY2016 19.3% (1.50)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 17.9% 5.58
Mar 2026 12.3% (16.54)
Dec 2025 28.8% 14.98
Sep 2025 13.8% (8.35)
42 more quarters

Against its own ten years

Low −96.1% High 28.3%
Ten-year median 19.6%
Current reading's percentile 40

Net margin against peers

Company Net margin
IDXX IDEXX Laboratories, Inc. compare 25.0%
MTD Mettler-Toledo International, Inc. compare 21.9%
A Agilent Technologies, Inc. compare 19.5%
ILMN Illumina, Inc. 18.4%
DGX Quest Diagnostics Incorporated compare 9.15%
IQV IQVIA Holdings Inc. compare 8.10%
LH Labcorp Holdings Inc. compare 6.99%
WAT Waters Corporation compare 3.59%
NTRA Natera, Inc. compare −7.11%
Diagnostics & Research industry median −6.37%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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