ILMN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $273.04
Market Cap (MRQ) $54.88B
P/E (TTM) 50.9
EPS (TTM) $5.36
Revenue (TTM) $4.49B
ROE (TTM) 32.4%
Debt/Equity (MRQ) 0.2
52W Range $88–$280

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04
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Stock splits 2
Ex-date Split Type
June 25, 2024 257-for-250 Forward
Sept. 23, 2008 2-for-1 Forward

About Illumina, Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Illumina, Inc. is an American biotechnology company, headquartered in San Diego, California. Incorporated on April 1, 1998, Illumina develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. The company provides a line of products and services that serves the sequencing, genotyping and gene expression, and proteomics markets, and serves more than 155 countries.

Illumina's customers include genomic research centers, pharmaceutical companies, academic institutions, clinical research organizations, and biotechnology companies.

History

Illumina was founded in April 1998 by David Walt, Larry Bock, John Stuelpnagel, Anthony Czarnik, and Mark Chee. While working with CW Group, a venture-capital firm, Bock and Stuelpnagel uncovered what would become Illumina's BeadArray technology at Tufts University and negotiated an exclusive license to that technology. In 1999, Illumina acquired Spyder Instruments (founded by Michal Lebl, Richard Houghten, and Jutta Eichler) for their technology of high-throughput synthesis of oligonucleotides. Illumina completed its initial public offering in July 2000.

Illumina began offering single nucleotide polymorphism (SNP) genotyping services in 2001 and launched its first system, the Illumina BeadLab, in 2002, using GoldenGate Genotyping technology. Illumina currently offers microarray-based products and services for an expanding range of genetic analysis sequencing, including SNP genotyping, gene expression, and protein analysis. Illumina's technologies are used by a broad range of academic, government, pharmaceutical, biotechnology, and other leading institutions around the globe.

On January 26, 2007, the company completed the acquisition of the British company Solexa, Inc. for ~$650M. Solexa was founded in June 1998 by Shankar Balasubramanian and David Klenerman to develop and commercialize genome-sequencing technology invented by the founders at the University of Cambridge. Solexa, Inc. was formed in 2005 when Solexa Ltd reversed into Lynx Therapeutics of Hayward.

Illumina also uses the DNA colony sequencing technology, invented in 1997 by Pascal Mayer and Laurent Farinelli and which was acquired by Solexa in 2004 from Manteia Predictive Medicine. It is being used to perform a range of analyses, including whole genome resequencing, gene-expression analysis, and small ribonucleic acid (sRNA) analysis.

In June 2009, Illumina announced the launch of their own Personal Full Genome Sequencing Service at a depth of 30X.

Until 2010, Illumina sold only instruments that were labeled "for research use only"; in early 2010, Illumina obtained FDA approval for its BeadXpress system to be used in clinical tests. This was part of the company's strategy at the time to open its own CLIA lab and begin offering clinical genetic testing itself.

Illumina acquired Epicentre Biotechnologies, based in Madison, Wisconsin, on January 11, 2011. On January 25, 2012, Hoffmann-La Roche made an unsolicited bid to buy Illumina for $44.50 per share or about $5.7 billion. Roche tried other tactics, including raising its offer (to $51.00, for about $6.8 billion). Illumina rejected the offer, and Roche abandoned the offer in April.

In 2014, the company announced a multimillion-dollar product, HiSeq X Ten. In January 2014, Illumina already held 70% of the market for genome-sequencing machines. Illumina machines accounted for more than 90% of all DNA data produced. In 2020, the company invested in the acquisition of the pre-commercial firm Enancio, which had developed a DNA data compression algorithm specifically targeting Illumina data capable of reducing storage footprint by 80% (e.g. 50 GB compressed to 10 GB).

On July 5, 2016, Jay Flatley, who had been CEO since 1999, assumed the role of executive chairman of the board of directors. Francis deSouza, who had been president of the company since 2013, took on the additional role of CEO.

In late 2015, Illumina spun off the company Grail, focused on blood testing for cancer tumors in the bloodstream. In 2017 Grail had planned to raise $1 billion in its second round of financing, and received funding from Bill Gates and Jeff Bezos investing $100 million in series A funding, and with Illumina maintaining a 20% holding share in Grail. Grail is working with a blood test trial with over 120,000 women during scheduled mammogram visits in the states of Minnesota and Wisconsin, as well as a partnership with the Mayo Clinic. Grail uses Illumina sequencing technology for tests. Grail planned to roll out the tests by 2019. In September 2020, Illumina announced a proposed cash and stock deal to acquire Grail for $8 billion.

In November 2018, Illumina proposed the acquisition of Pacific Biosciences for $8.00 per share or around $1.2 billion in total. In December 2019, the Federal Trade Commission (FTC) sued to block the acquisition. The proposed deal was abandoned on January 2, 2020, with Illumina paying Pacific a $98 million termination fee.

In March 2021, the FTC sued to block Illumina's $7.1 billion vertical merger with Grail. In July 2021, the European Commission opened an in-depth investigation into the Grail acquisition by Illumina. Against the orders of active investigations by both the US FTC and the EU European Commission, Illumina publicly announced it had completed its acquisition of Grail on August 18, 2021. The FTC urged Illumina to "unwind" the merger shortly after, and in October 2021, the European Commission ordered Illumina to keep Grail a separate company and adopted interim measures to prevent harm to competition, or face penalty payments up to 5% of their average daily turnover and/or fines up to 10% of their annual worldwide turnover under Articles 15 and 14 of the EU Merger Regulation respectively. In September 2022, a US administrative judge ruled against the FTC's efforts to prevent the acquisition on antitrust grounds. In April 2023, the FTC ordered Grail to be divested by Illumina. In July 2023, the European Commission imposed a €432 million ($476 million) penalty on Illumina for closing the Grail acquisition without EU approval.

In September 2022, Illumina launched NovaSeq X and NovaSeq X Plus. The NovaSeq X Plus can sequence 20,000 genomes per year, compared to 7,500 per year of Illumina's previous machines and generate up to 16 Tb of data per run. The series includes redeveloped reagents, dyes, and polymerases which can be shipped at ambient temperature.

In June 2023, deSouza resigned as CEO of Illumina, and was replaced by interim CEO Charles Dadswell, the company's general counsel. Also in June 2023, Hologic CEO Stephen Macmillan was named non-executive Chairman of the Board of Directors.

In September 2023, Agilent Technologies' senior vice president Jacob Thaysen was appointed CEO.

In October 2023, the European Commission ordered Grail to be divested from Illumina within the next twelve months. Illumina said it would explore a third-party sale or a capital markets transaction if it fails to win its ongoing challenge in court. In June 2024 Illumina has completed the spin-off of Grail, keeping only a minority stake of 14.5%. The 2022 appeal in the case against the European Commission has been settled in September 2024 in favour of Illumina and declaring the merger outside the Commissions jurisdiction. With the repealed decision Illumina concluded the fine to be void.

On February 4, 2025, China placed Illumina on its "Unreliable Entities List" as part of its response to U.S. President Donald Trump's second round of tariffs against it. The company, which competes with the Chinese biotech firm BGI in gene-sequencing, said in a statement that it has had a long-standing presence in China and complied with all the laws and regulations of the countries in which it has operated. On March 4, 2025, China's Ministry of Commerce resolved to prohibit the export of Illumina gene sequencers to China.

Acquisition history

The following is an illustration of the company's mergers, acquisitions, spin-offs and historical predecessors:

Products

DNA sequencing

Illumina sells a number of high-throughput DNA sequencing systems, also known as DNA sequencers, based on technology developed by Solexa. The technology features bridge amplification to generate clusters and reversible terminators for sequence determination. The technology behind these sequencing systems involves ligation of fragmented DNA to a chip, followed by primer addition and sequential fluorescent dNTP incorporation and detection.

Depending on the kit used, according to the company the MiSeq Series generates up to 25 million reads per run. With dual flow cells, the NextSeq 2000 generates up to 2.4 billion single reads per run and the NovaSeq X Series generates up to 52 billion single reads per run. Illumina uses next-generation sequencing, which is far faster and more efficient than traditional Sanger sequencing. Illumina sequencers perform short-read sequencing, and are image based, utilizing Illumina dye sequencing. This technology has a higher accuracy than long-read sequencing.

Flow cells

Illumina sequencing happens within the flow cells. These flow cells are small in size and are housed in the flow cell compartment. Flow cell clustering happens when a denatured DNA sample is placed in a flow cell. Primers already in the flow cell channel capture and bind to the ends of the short denatured DNA sample. Then, DNA polymerase is added and the DNA building blocks are introduced. This results in a newly synthesized strand constrained to the bottom of the flow cell. Next, the original template strand is washed out binding the newly synthesized strand to the other DNA sequence present on the surface. DNA polymerase and building blocks are introduced again forming a new strand. These steps are repeated until about 1,000 copies are made in a cluster.

Litigation

Czarnik suit against Illumina

In 2005, co-founder and former Chief Scientific Officer Anthony Czarnik sued Illumina. In the case, Czarnik v. Illumina Inc., the trial court granted Illumina's motion to dismiss in part but allowed Czarnik's correction of inventorship claims to continue.

Cornell University and Life Technologies suit against Illumina

In 2010, Cornell University and Life Technologies filed a lawsuit against Illumina, alleging that its microarray products infringed on eight patents held by the university and exclusively licensed to the start-up. The case was settled in April 2017 without any finding of fault. In September 2017 both parties asked to have the settlement reviewed, with Cornell accusing both Illumina and Life Technologies of misrepresentation and fraud. Cornell claimed that ThermoFisher had promised to settle the suit with Illumina and asked for the Markman wording to be dropped so that it could file a subsequent suit involving other patents invented at Cornell. Instead of filing the suit, ThermoFisher and Illumina settled another lawsuit in California and secretly sublicensed those very same patents. In 2018, Dr. Monib Zirvi filed a lawsuit in the Southern District of New York against Illumina and some of its key employees claiming that they knowingly incorporated ideas and ZipCode DNA sequences invented in the Barany Lab in Illumina's patent applications. Although this suit was dismissed, it was only after Illumina and its attorneys claimed that some of those IP misappropriation were "storm warnings" and thus statutes of limitations had run out on those particular claims. Dr. Monib Zirvi also filed a FOIA case in New Jersey in 2020 for unredacted copies for key NIH grants that Illumina filed early in its existence. William Noon, an in-house attorney at Illumina, had filed a FOIA request for 4 of these key grants as well in January 2015.

Patent infringement suits

Illumina was a party in a patent lawsuit against competitor Ariosa Diagnostics. The litigation began in 2012 with Verinata Health filing suit against Ariosa. Illumina joined the suit after acquiring Verinata in 2013. Ariosa subsequently brought a counterclaim against Illumina. The trial court granted summary judgment in favor of Ariosa, but the United States Court of Appeals for the Federal Circuit reversed. Ariosa initially pursued an appeal to the Supreme Court of the United States, but the two parties resolved the dispute before the Court decided whether to take the case.

In February 2016, Illumina filed a lawsuit against Oxford Nanopore Technologies. Illumina claimed that Oxford Nanopore infringed its patents on the use of a biological nanopore, Mycobacterium smegmatis porinA (MspA), for sequencing systems. In August 2016 the parties settled their lawsuit.

In February 2020, Illumina filed a patent infringement suit against BGI relating to its "CoolMPS" sequencing products. In return BGI has filed patent infringement lawsuits for violation of federal antitrust and California unfair competition laws, claiming use of "fraudulent behavior" to obtain or enforce sequencing patents that it has asserted against BGI, preventing the firm from entering the US market. However, in May 2022, Illumina was ordered to pay $333 million to a U.S. unit of BGI in California for infringing two patents of DNA-sequencing systems. The jury of the case also said that Illumina willfully infringed the patents, and that their former accusation of BGI's infringement was invalid.

On May 6, 2022, a jury in the U.S. District Court for the District of Delaware rendered a verdict that Illumina willfully infringed two patents owned by Complete Genomics, and awarded approximately $334 million to CGI in past damages. The jury also invalidated three patents owned by Illumina.

Trade secrets suit against Eltoukhy and Talasaz

In March 2022, Illumina sued Helmy Eltoukhy and Amir Talasaz, the co-founders of Guardant, over stealing trade secrets. Guardant called the lawsuit "frivolous and retaliatory" and framed it as a response to its concerns about the Illumina-Grail merger. Guardant also claimed the lawsuit was filed in order to suppress competition in the marketplace.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorHealthcare industryLife Sciences Tools & Services employees8,600 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$4.34B
2017-01-01 → 2025-12-28
EPS$5.45
2017-01-01 → 2025-12-28
Free Cash Flow$931M
2017-01-01 → 2025-12-28
Net margin18.4%
2017-01-01 → 2025-12-28
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ILMN 5Y avg Peer Median Verdict
P/E (TTM) 50.95Y avg ≈11.0 ≈11.0 31.1 Overvalued
P/S (TTM) 12.25Y avg ≈6.8 ≈6.8 5.4 Overvalued
P/B (MRQ) 19.35Y avg ≈6.1 ≈6.1 6.9 Overvalued
Price / FCF (TTM) 58.95Y avg ≈118.8 ≈118.8 · ·
Price / Cash Flow (TTM) 50.15Y avg ≈55.2 ≈55.2 25.7 Undervalued
Price / Tangible Book (MRQ) 22.65Y avg ≈141.9 ≈141.9 · ·
PEG Ratio ≈12.3 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 8.0%
Next Report Oct 28, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $1.31 $1.25 4.7%
March 31, 2026 $1.15 $1.08 6.9%
Dec. 31, 2025 $1.15 $1.08 6.9%
Sept. 30, 2025 $1.34 $1.19 12.7%
June 30, 2025 $1.19 $1.03 15.3%
March 31, 2025 $0.97 $0.96 1.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 18
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $4.34B$4.37B$4.50B$4.58B$4.53B$3.24B$3.54B$3.33B$2.75B$2.40B$2.22B$1.86B
Cost of Revenue $1.47B$1.51B$1.76B$1.61B$1.37B$1.04B$1.08B$1.03B$926M$732M$671M$564M
Gross Profit $2.87B$2.86B$2.74B$2.97B$3.15B$2.20B$2.47B$2.30B$1.83B$1.67B$1.55B$1.30B
R&D Expense $967M$1.17B$1.35B$1.32B$1.19B$682M$647M$623M$546M$504M$401M$388M
SG&A Expense $1.09B$1.09B$1.61B$1.30B$2.09B$941M$835M$794M$674M$584M$516M$466M
Operating Expenses $2.06B$3.69B$3.81B$7.15B$3.28B$1.62B$1.48B$1.42B$1.22B$1.08B$936M$783M
Operating Income $807M$-833M$-1.07B$-4.18B$-123M$580M$985M$883M$606M$587M$613M$515M
Interest Expense ··$77M$26M$61M$49M$52M$57M$37M$33M$43M$42M
Interest Income $40M$46M$58M$11M$0$41M$75M$44M$19M$10M$5M$4M
Other Non-op $340M$-292M$-29M$-142M$1.07B$284M$110M$24M$455M$-3M$-8M$-33M
Pretax Income $1.09B$-1.18B$-1.12B$-4.34B$884M$856M$1.12B$894M$1.04B$561M$583M$449M
Income Tax $236M$44M$44M$68M$122M$200M$128M$112M$365M$133M$125M$95M
Net Income $850M$-1.22B$-1.16B$-4.40B$762M$656M$1.00B$826M$726M$463M$462M$353M
EPS (Basic) $5.47$-7.69$-7.34$-28.00$5.07$4.48$6.81$5.63$4.96$3.09$3.19$2.61
EPS (Diluted) $5.45$-7.69$-7.34$-28.00$5.04$4.45$6.74$5.56$4.92$3.07$3.10$2.37
Shares (Basic) 155,000,000159,000,000158,000,000157,000,000150,000,000147,000,000147,000,000147,000,000146,000,000147,000,000145,000,000135,553,000
Shares (Diluted) 156,000,000159,000,000158,000,000157,000,000151,000,000148,000,000149,000,000149,000,000148,000,000148,000,000149,000,000148,977,000
EBITDA $1.08B$-479M$-637M$-3.79B$128M$767M$1.17B$1.06B$762M$729M$613M·
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents ·······$1.14B$1.23B$735M$769M$636M
Short-term Investments $215M$93M$6M$26M$107M$1.66B$1.37B$2.37B$920M$824M$617M$702M
Receivables $854M$735M$734M$671M$648M$487M$573M$514M$411M$381M$386M$289M
Inventory $564M$547M$587M$568M$431M$372M$359M$386M$333M$300M$271M$191M
Prepaid Expense $238M$244M$234M$285M$295M$152M$105M$78M$91M$78M$54M$30M
Current Assets $3.29B$2.75B$2.61B$3.56B$2.71B$4.48B$4.45B$4.49B$2.98B$2.32B$2.10B$1.89B
PP&E (Net) $759M$815M$1.01B$1.09B$1.02B$922M$889M$1.07B$931M$713M$343M$265M
PP&E (Gross) $2.12B$2.07B$2.15B$2.05B$1.82B$1.60B$1.46B$1.60B$1.35B$1.04B$609M$480M
Accum. Depreciation $1.36B$1.25B$1.14B$962M$796M$678M$568M$521M$416M$327M$267M$215M
Goodwill $1.11B$1.11B$2.54B$3.24B$7.11B$897M$897M$831M$771M$776M$753M$725M
Intangibles $210M$295M$2.99B$3.29B$3.25B$142M$145M$185M$175M$243M$274M$314M
Other Non-current Assets $449M$348M$357M$423M$445M$609M$388M$308M$312M$108M$87M$96M
Total Assets $6.64B$6.30B$10.11B$12.25B$15.22B$7.58B$7.32B$6.96B$5.26B$4.28B$3.69B$3.34B
Accounts Payable $240M$221M$245M$293M$332M$192M$149M$184M$160M$138M$139M$83M
Accrued Liabilities $846M$827M$1.32B$1.23B$761M$541M$516M$513M$432M$342M$387M$335M
Short-term Debt $499M$499M$0$500M$0·······
Current Liabilities $1.58B$1.55B$1.57B$2.77B$1.09B$1.24B$665M$1.80B$746M$705M$610M$722M
Capital Leases $486M$554M$687M$744M$774M$671M$695M·····
Other Non-current Liabilities $360M$339M$620M$649M$915M$303M$202M$359M$360M$206M$181M$168M
Long-term Debt ·····$1.18B$1.14B$2.00B$1.19B$1.06B$1.09B$1.29B
Total Debt $499M$499M$0$500M·$1.18B$1.14B$2.00B$1.19B$1.05B$1.09B·
Common Stock $2M$2M$2M$2M$2M$2M$2M$2M$2M$2M$2M$2M
Paid-in Capital $7.82B$7.53B$9.55B$9.21B$8.94B$3.81B$3.56B$3.29B$2.83B$2.73B$2.50B$2.17B
Retained Earnings $-392M$-1.24B$-19M$1.14B$5.49B$4.72B$4.07B$3.08B$2.26B$1.49B$1.02B$561M
Treasury Stock $4.70B$3.93B$3.79B$3.75B$3.70B$3.85B$3.02B$2.62B$2.34B$2.02B$1.67B$1.27B
AOCI $-10M$22M$-1M$3M$17M$2M$5M$-1M$-1M$-1M$36.0K$-1M
Stockholders' Equity $2.72B$2.37B$5.75B$6.60B$10.74B$4.69B$4.61B$3.85B$2.75B$2.20B$1.85B$1.46B
Liabilities + Equity $6.64B$6.30B$10.11B$12.25B$15.22B$7.58B$7.32B$6.96B$5.26B$4.28B$3.69B$3.34B
Shares Outstanding 201,000,000200,000,000199,000,000198,000,000197,000,000195,000,000147,000,000147,000,000147,000,000146,000,000146,584,000143,629,000
Cash Flow 19
Metric Trend 202520242023202220212020201920182017201620152014
D&A $270M$354M$432M$394M$251M$187M$188M$179M$156M$141M$127M$113M
Stock-based Comp $275M$370M$380M$366M$754M$194M$194M$193M$164M$129M$133M$153M
Deferred Tax $119M$-117M$-34M$-23M$-76M$117M$5M$-18M$34M$7M$-45M$-20M
Amort. of Intangibles $67M$130M$197M$179M$75M$31M$37M$39M$46M$51M$54M$51M
Restructuring $47M$16M$52M·········
Other Non-cash $-435M$1.45B$861M$4.06B$-1.15B$-74M$-338M$-38M$-205M$-53M··
Operating Cash Flow $1.08B$837M$478M$392M$545M$1.08B$1.05B$1.14B$875M$779M$786M$501M
CapEx $148M$128M$195M$286M$208M$189M$209M$296M$310M$260M$143M$106M
Investing Cash Flow $-55M$-178M$-231M$-591M$-1.07B$-554M$745M$-1.81B$-214M$-515M$-107M$-407M
Debt Issued $495M$1.24B$0$991M$988M$0$0$735M$5M$5M·$1.13B
Net Debt Issued $495M$1.24B$0$991M$988M$0$0$735M$5M$5M··
Stock Issued $44M$56M$67M$63M$60M$61M$59M$46M$71M$47M$72M$96M
Stock Repurchased $742M$116M$0$0$0$736M$324M$201M$251M$249M$274M$237M
Net Stock Activity $-698M$-60M$67M$63M$60M$-675M$-265M$-155M$-180M$-202M$-202M·
Financing Cash Flow $-744M$-570M$-1.21B$1.00B$-51M$-766M$-897M$594M$-176M$-296M$-545M$-167M
Net Change in Cash $291M$79M$-963M$779M$-578M$-232M$898M$-81M$490M$-34M$133M$-75M
Taxes Paid $73M$105M$65M$122M$233M$119M$164M$99M$149M$60M$17M$18M
Free Cash Flow $931M$709M$283M$106M$337M$891M$842M$846M$565M$427M$517M·
Levered FCF ··$203M$80M$284M$853M$796M$796M$541M$402M$484M·
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 66.1%65.4%60.9%64.8%69.7%68.0%69.6%69.0%66.3%69.5%69.8%·
Operating Margin 18.6%-19.1%-23.7%-91.2%-2.7%17.9%27.8%26.5%22.0%24.5%27.6%·
Net Margin 19.6%-28.0%-25.8%-96.1%16.8%20.2%28.3%24.8%26.4%19.3%20.8%·
Pretax Margin 25.0%-27.0%-24.8%-94.6%19.5%26.4%31.6%26.8%37.9%23.4%26.3%·
EBITDA Margin 24.8%-11.0%-14.1%-82.6%2.8%23.7%33.1%31.9%27.7%30.4%27.6%·
ROA 13.1%-14.9%-10.4%-32.1%6.7%8.8%14.0%13.5%15.2%11.6%13.1%·
ROE 34.1%-54.4%-19.9%-66.1%7.1%14.0%22.1%25.4%29.4%22.9%27.9%·
ROIC 19.6%-30.1%-19.3%-59.8%-0.99%7.6%15.2%13.4%10.0%13.8%16.4%·
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 2.11.81.71.32.53.66.72.54.03.33.4·
Quick Ratio 0.70.50.50.30.71.72.92.23.42.82.9·
Debt / Equity 0.20.20.00.1·0.30.20.50.40.50.6·
LT Debt / Equity ·····0.10.20.20.40.50.5·
Interest Coverage ··-13.9-160.7-2.011.818.915.516.417.714.5·
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.70.50.40.30.40.40.50.50.60.60.6·
Inventory Turnover 2.72.73.03.23.42.82.92.92.92.62.9·
Receivables Turnover 5.56.06.47.08.06.16.57.26.96.36.6·
Per Share 5
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $17.80$14.92$36.13$41.77$68.41$32.15$31.38$25.56$18.70$15.03$12.61·
Revenue / Share $27.84$27.50$28.51$29.20$29.97$21.89$23.78$22.37$18.59$16.20$14.89·
Cash Flow / Share $6.92$5.26$3.03$2.50$3.61$7.30$7.05$7.66$5.91$4.64$4.42·
Cash / Share ·······$7.78$8.33$5.02$5.24·
EPS (TTM) $5.45$-7.69$-7.34$-28.00$5.04$4.45$6.74$5.56$4.92$3.07$3.10$2.37
Growth Rates 7
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY -0.66%-2.9%-1.8%1.3%39.7%·······
Revenue CAGR 3Y -1.8%-1.1%11.6%·········
Revenue CAGR 5Y 6.0%···········
EPS YoY ····13.3%·······
EPS CAGR 5Y 4.1%···········
Net Income YoY ····16.2%·······
Net Income CAGR 5Y 5.3%···········
Valuation (TTM) 14
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $4.34B$4.37B$4.50B$4.58B$4.53B$3.24B$3.54B$3.33B$2.75B$2.40B$2.22B$1.86B
Net Income TTM $850M$-1.22B$-1.16B$-4.40B$762M$656M$1.00B$826M$726M$463M$462M$353M
Market Cap $20.65B$21.51B$21.54B$31.08B$58.10B$52.55B$47.52B$42.65B$31.24B$18.21B$27.37B·
Enterprise Value ·······$41.13B$30.29B$17.70B$27.07B·
P/E 24.8-17.6-18.5-7.073.480.948.052.243.240.660.277.2
P/S 4.84.94.86.812.816.213.412.811.47.612.3·
P/B 7.69.13.74.75.411.210.311.311.48.314.8·
P / Tangible Book 14.722.3104.0414.4154.114.4······
P / Cash Flow 19.125.745.179.3106.648.745.237.335.726.541.5·
P / FCF 22.230.376.1293.2172.459.056.450.455.342.653.0·
EV / EBITDA ·······38.739.824.344.2·
EV / FCF ·······48.653.641.452.4·
EV / Revenue ·······12.311.07.412.2·
Earnings Yield 4.0%-5.7%-5.4%-14.2%1.4%1.2%2.1%1.9%2.3%2.5%1.7%1.3%

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-282024-12-292023-12-312023-01-012022-01-02
Revenue $4.34B $4.37B $4.50B $4.58B $4.53B
Gross Margin % 66.1% 65.4% 60.9% 64.8% 69.7%
Operating Margin % 18.6% -19.1% -23.7% -91.2% -2.7%
Net Income $850M $-1.22B $-1.16B $-4.40B $762M
Diluted EPS $5.45 $-7.69 $-7.34 $-28.00 $5.04

Institutional owners (13F) 1,000 filers · $28.9B total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,000
Value held $28.9B
New positions 159
Exited positions 60
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
159 (+37 vs prior Q) 60 (-35 vs prior Q) 300 (+12 vs prior Q) 340 (+18 vs prior Q) -665K

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $3,374,423,404 19,191,398 11.68% Shares
Capital World Investors $2,712,230,480 15,425,298 9.39% Shares
VANGUARD GROUP INC $1,882,851,641 14,355,380 6.52% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,165,253,015 6,627,157 4.03% Shares
VANGUARD CAPITAL MANAGEMENT LLC $1,158,286,103 6,587,534 4.01% Shares
STATE STREET CORP $1,144,176,449 6,507,288 3.96% Shares
WCM INVESTMENT MANAGEMENT, LLC $1,124,033,551 6,206,701 3.89% Shares
FMR LLC $795,352,414 4,523,417 2.75% Shares
AQR CAPITAL MANAGEMENT LLC $623,223,145 3,544,465 2.16% Shares
PRIMECAP MANAGEMENT CO/CA/ $617,980,735 3,514,649 2.14% Shares
GEODE CAPITAL MANAGEMENT, LLC $516,720,645 2,946,669 1.79% Shares
Corvex Management LP $497,695,958 2,830,552 1.72% Shares
Invesco Ltd. $350,647,369 1,994,241 1.21% Shares
LOOMIS SAYLES & CO L P $339,694,497 1,931,948 1.18% Shares
WELLINGTON MANAGEMENT GROUP LLP $318,767,131 1,812,928 1.10% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $308,478,035 1,744,209 1.07% Shares
Bank of New York Mellon Corp $293,845,659 1,671,192 1.02% Shares
MORGAN STANLEY $290,939,963 1,654,664 1.01% Shares
JANUS HENDERSON GROUP PLC $258,924,054 2,100,638 0.90% Shares
BANK OF AMERICA CORP /DE/ $255,883,167 1,455,287 0.89% Shares
NORTHERN TRUST CORP $251,313,642 1,429,299 0.87% Shares
AGF MANAGEMENT LTD $239,975,422 1,364,815 0.83% Shares
BAILLIE GIFFORD & CO $234,881,803 1,335,846 0.81% Shares
JPMORGAN CHASE & CO $213,918,119 1,181,215 0.74% Shares
Legal & General Group Plc $206,298,879 1,173,286 0.71% Shares
AMERIPRISE FINANCIAL INC $201,882,586 1,148,102 0.70% Shares
Sessa Capital IM, L.P. $196,643,700 1,118,374 0.68% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $192,684,840 1,563,239 0.67% Shares
ARK Investment Management LLC $183,744,158 1,045,010 0.64% Shares
NORDEA INVESTMENT MANAGEMENT AB $177,914,475 1,013,065 0.62% Shares
Senvest Management, LLC $177,362,886 1,008,718 0.61% Shares
GOLDMAN SACHS GROUP INC $174,524,363 992,574 0.60% Shares
VANGUARD FIDUCIARY TRUST CO $167,266,376 951,296 0.58% Shares
Sumitomo Mitsui Trust Group, Inc. $167,050,984 950,071 0.58% Shares
FIRST TRUST ADVISORS LP $159,563,763 907,489 0.55% Shares
PointState Capital LP $151,602,384 862,210 0.52% Shares
JUPITER ASSET MANAGEMENT LTD $147,816,940 840,681 0.51% Shares
UBS Group AG $147,790,919 840,533 0.51% Shares
LETKO, BROSSEAU & ASSOCIATES INC $145,990,418 830,293 0.51% Shares
NORGES BANK $145,424,246 827,073 0.50% Shares
RENAISSANCE TECHNOLOGIES LLC $145,348,463 826,642 0.50% Shares
EDMOND DE ROTHSCHILD HOLDING S.A. $129,791,552 738,165 0.45% Shares
GUARDCAP ASSET MANAGEMENT Ltd $128,748,557 740,132 0.45% Shares
Chevy Chase Trust Holdings, LLC $127,952,370 727,705 0.44% Shares
Quantinno Capital Management LP $117,941,015 670,767 0.41% Shares
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. $112,126,967 637,701 0.39% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $111,681,589 635,168 0.39% Shares
Amova Asset Management Americas, Inc. $108,658,017 617,972 0.38% Shares
ALLIANCEBERNSTEIN L.P. $108,597,114 881,041 0.38% Shares
DIMENSIONAL FUND ADVISORS LP $107,034,977 608,463 0.37% Shares

Show all 1,000 institutional owners →

Activists & 5%+ owners 1 position

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Illumina, Inc. ×2 filings Feb. 5, 2007 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 88 insiders · 51 officers · 30 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Jacob Thaysen Chief Executive Officer March 5, 2026 A 109,073 0 0 $0
Francis A Desouza President and CEO March 1, 2023 A 120,992 0 0 $0
Ankur Dhingra SVP, Chief Financial Officer March 5, 2026 A 34,264 0 0 $0
Joydeep Goswami SVP, Chief Financial Officer March 5, 2024 A 24,478 0 0 $0
Sam Samad SVP and CFO March 1, 2022 A 11,297 0 0 $0
Timothy M Kish VP Finance & CFO March 2, 2005 A · 0 0 $0
John R Stuelpnagel Sr VP and COO March 27, 2008 M 337,836 0 0 $0
Julie Ann Coletti Chief Legal Officer Sept. 8, 2026 A 18,763 0 0 $0
Steven Barnard SVP, Chief Technology Officer Sept. 5, 2026 F 40,927 0 0 $0
Christensen Jakob Wedel SVP, Strategy/Corp Development Aug. 18, 2026 S 14,023 0 3 $-366,137
Scott M Davies Chief Legal Officer July 30, 2026 S 20,338 0 5 $-531,273
Patricia Leckman SVP, Chief People Officer June 5, 2026 S 21,259 0 9 $-529,720
Scott D Ericksen VP, Chief Accounting Officer May 29, 2026 S 14,446 0 2 $-305,150
Kevin Carl Pegels Chief of Global Operations March 5, 2026 A 29,038 0 0 $0
Everett Cunningham SVP, Chief Commercial Officer July 5, 2025 F 41,942 0 0 $0
Carissa Rollins SVP, Chief Information Officer April 5, 2025 F 18,447 0 0 $0
Charles Dadswell SVP, General Counsel Sept. 13, 2024 D 20,586 0 0 $0
Kathryne Gambrell Reeves SVP, Chief Marketing Officer March 5, 2024 A 17,965 0 0 $0
Aimee L Hoyt SVP, Chief People Officer Nov. 7, 2023 S 8,314 0 0 $0
Susan H Tousi SVP, Chief Commercial Officer Nov. 5, 2023 F 43,743 0 0 $0
Alexander Aravanis SVP, Chief Technology Officer July 5, 2023 F 12,587 0 0 $0
John Edward Frank Chief Public Affairs Officer May 5, 2023 F 9,166 0 0 $0
Phillip G. Febbo SVP Chief Medical Officer March 1, 2023 A 14,786 0 0 $0
Jose Torres VP, Chief Accounting Officer May 5, 2022 F 1,748 0 0 $0
Karen K Mcginnis VP, Chief Accounting Officer Feb. 18, 2021 S 1,538 0 0 $0
Robert P Ragusa SVP, Global Quality & Ops Feb. 17, 2021 M 9,617 0 0 $0
Mostafa Ronaghi SVP, Entrepreneurial Devlopmt Dec. 10, 2020 S 80,162 0 0 $0
Mark Van Oene SVP Chief Commercial Officer Nov. 5, 2020 F 16,575 0 0 $0
Omead Ostadan SVP Mktg, Prod & Strat Plan May 11, 2020 S 17,172 0 0 $0
Malcolm Garret Hampton SVP Clinical Genomics Group Jan. 9, 2020 F 6,598 0 0 $0
Marc Stapley EVP Strategy & Corp Developmt Dec. 6, 2018 S 6,957 0 0 $0
Michel Bouchard Chief Accounting Officer Nov. 6, 2017 F 9,538 0 0 $0
Christian O Henry EVP & Chief Commercial Officer Jan. 30, 2017 F 17,531 0 0 $0
Tristan Orpin EVP Clinical Genomics Nov. 7, 2016 F 118,259 0 0 $0
Nicholas Naclerio Sr VP, Corporate Development March 21, 2016 S 30,020 0 0 $0
Richard Klausner Sr VP, Chief Medical Officer Jan. 29, 2016 F 22,847 0 0 $0
Gregory Heath Sr VP & General Manager Dec. 17, 2013 M 26,740 0 0 $0
Mark L Lewis Sr VP & General Manager Nov. 1, 2013 M 44,837 0 0 $0
Matthew L. Posard Sr VP & General Manager May 30, 2013 M 30,858 0 0 $0
Christian Cabou Sr VP & General Counsel April 23, 2013 M 45,553 0 0 $0
Joel Mccomb Sr VP & General Manager Jan. 28, 2010 F 6,595 0 0 $0
John West Sr. VP & GM DNA Sequencing Nov. 8, 2007 M 82,062 0 0 $0
Arthur Holden Sr VP Corp & Market Dev Jan. 25, 2007 A · 0 0 $0
David L Barker Chief Scientific Officer Nov. 29, 2005 S 137,636 0 0 $0
Alan Kersey V.P. & Site Manager Aug. 31, 2005 S 48,582 0 0 $0
Robert C Kain Vice President Engineering Aug. 23, 2005 S 125,311 0 0 $0
Kirk Malloy V.P. of Customer Solutions May 9, 2005 A · 0 0 $0
David C Douglas Vice President Manufacturing May 2, 2005 S 0 0 0 $0
Scott D Kahn Chief Information Officer April 6, 2005 A · 0 0 $0
Arnold R Oliphant VP Scientific Operations Feb. 28, 2005 M 0 0 0 $0
Noemi C Espinosa VP Intellectual Property Feb. 25, 2005 A 204,704 0 0 $0
Scott B. Ullem Director Sept. 30, 2026 A 11,143 0 0 $0
Meister, Keith A. Director Sept. 30, 2026 A 6,887 0 93 $-591,131,765
Daniel Skovronsky Director June 16, 2026 A 1,674 0 0 $0
Scott Gottlieb Director May 21, 2026 A 14,795 2 0 $84,627
David P King Director May 21, 2026 A 2,072 0 0 $0
Susan E Siegel Director May 21, 2026 A 16,535 0 0 $0
Philip W Schiller Director May 21, 2026 A 22,220 0 0 $0
Anna Richo Director May 21, 2026 A 8,527 0 0 $0
Caroline Dorsa Director May 21, 2026 A 15,754 0 0 $0
Frances Arnold Director May 21, 2025 A 20,907 0 0 $0
Gary S Guthart Director May 21, 2025 A 16,430 0 0 $0
Robert S Epstein Director May 21, 2025 A 22,139 0 0 $0
Stephen P Macmillan Director May 16, 2024 A 4,129 0 0 $0
Andrew Teno Director May 26, 2023 A 1,532 0 0 $0
John Wendell Thompson Director May 26, 2022 A 10,162 0 0 $0
Karin Eastham Director May 23, 2019 F 10,049 0 0 $0
Blaine A Bowman Director May 22, 2018 F 15,946 0 0 $0
Daniel Bradbury Director May 25, 2017 M 15,324 0 0 $0
Roy A Whitfield Director Aug. 12, 2016 M 2,853 0 0 $0
David R Walt Director April 7, 2016 M 631,840 0 0 $0
William H Rastetter Director Dec. 31, 2015 A 8,494 0 0 $0
Gerald Moeller Director March 31, 2015 A 17,647 0 0 $0
Jeff Huber Director July 30, 2014 A 6,059 0 0 $0
Paul C Grint Director Jan. 3, 2013 A 8,365 0 0 $0
Jack Goldstein Director May 10, 2010 D 2,400 0 0 $0
Scott R Greer Director May 20, 2004 A · 0 0 $0
Robert Nelsen Director Feb. 3, 2004 J 11,423 0 0 $0
CW VENTURES III LP 10% owner Nov. 12, 2003 J 2,865,401 0 0 $0
Michael C Sullivan · Aug. 5, 2026 A 4,503 0 0 $0
Jay T Flatley · May 18, 2021 S 148,933 0 0 $0
Paul L Bianchi · April 18, 2016 S 65,660 0 0 $0
CABRAL PAULETTE D · Jan. 20, 2006 G 2,408 0 0 $0
ARCH VENTURE PARTNERS LLC · Feb. 3, 2004 J 2,915,298 0 0 $0
Clinton Bybee · Feb. 3, 2004 J 5,704 0 0 $0
Keith Crandell · Feb. 3, 2004 J 6,423 0 0 $0
Steven Lazarus · Feb. 3, 2004 J 2,915,298 0 0 $0
ARCH VENTURE FUND III L P · Feb. 3, 2004 J 2,915,298 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 113 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PBE · Invesco Exchange-Traded Fund Trust 6.17% 95,618 SH Oct. 1, 2026 Daily
ARKG · ARK ETF Trust 4.74% 359,801 NS July 31, 2026 N-PORT
FMTM · EA Series Trust 3.50% 43,050 NS July 31, 2026 N-PORT
UPGD · Invesco Exchange-Traded Fund Trust 2.80% 11,691 SH Oct. 1, 2026 Daily
IBBQ · Invesco Exchange-Traded Fund Trust … 2.71% 10,685 SH Oct. 1, 2026 Daily
PTH · Invesco Exchange-Traded Fund Trust 2.65% 35,537 SH Oct. 1, 2026 Daily
IBB · iShares Trust 2.25% 1,153,314 SH Sept. 11, 2026 Daily
MTRA · Invesco Actively Managed Exchange-T… 2.19% 10,900 SH Oct. 1, 2026 Daily
RSPH · Invesco Exchange-Traded Fund Trust 2.18% 69,649 SH Oct. 1, 2026 Daily
HTEC · EXCHANGE TRADED CONCEPTS TRUST 2.09% 7,028 NS July 31, 2026 N-PORT
QQQJ · Invesco Exchange-Traded Fund Trust … 2.08% 89,156 SH Oct. 1, 2026 Daily
THNQ · EXCHANGE TRADED CONCEPTS TRUST 2.08% 42,178 NS July 31, 2026 N-PORT
ROBO · EXCHANGE TRADED CONCEPTS TRUST 1.92% 185,927 NS July 31, 2026 N-PORT
CVAR · ETF Opportunities Trust 1.86% 3,891 NS July 31, 2026 N-PORT
ARKK · ARK ETF Trust 1.45% 394,332 NS July 31, 2026 N-PORT
HFGO · Hartford Funds Exchange-Traded Trust 0.94% 9,161 NS July 31, 2026 N-PORT
FTC · First Trust Exchange-Traded AlphaDE… 0.91% 58,472 NS July 31, 2026 N-PORT
PTMC · Pacer Funds Trust 0.87% 16,623 NS July 31, 2026 N-PORT
LSEQ · Harbor ETF Trust 0.82% 612 NS July 31, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.75% 80,617 SH Aug. 19, 2026 Daily
HGRO · ETF Opportunities Trust 0.74% 4,557 NS July 31, 2026 N-PORT
IVOO · VANGUARD ADMIRAL FUNDS 0.73% 244,355 SH Aug. 19, 2026 Daily
IVOV · VANGUARD ADMIRAL FUNDS 0.70% 59,759 SH Aug. 19, 2026 Daily
MIDU · Direxion Shares ETF Trust 0.66% 2,222 NS July 31, 2026 N-PORT
FXH · First Trust Exchange-Traded AlphaDE… 0.49% 25,195 NS July 31, 2026 N-PORT
IYH · iShares Trust 0.49% 88,852 SH Sept. 11, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.48% 10,879 NS July 31, 2026 N-PORT
VFQY · VANGUARD WELLINGTON FUND 0.47% 12,715 SH Aug. 19, 2026 Daily
FAD · First Trust Exchange-Traded AlphaDE… 0.45% 12,709 NS July 31, 2026 N-PORT
FHLC · FIDELITY COVINGTON TRUST 0.44% 70,943 NS July 31, 2026 N-PORT
FEX · First Trust Exchange-Traded AlphaDE… 0.42% 32,057 NS July 31, 2026 N-PORT
REVS · Columbia ETF Trust I 0.42% 6,829 NS July 31, 2026 N-PORT
VHT · VANGUARD WORLD FUND 0.39% 448,145 SH Aug. 19, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.35% 951,944 SH Aug. 19, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.30% 1,736,273 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.30% 3,296,812 SH Aug. 19, 2026 Daily
IWS · iShares Trust 0.30% 226,531 SH Sept. 11, 2026 Daily
FBUF · Fidelity Greenwood Street Trust 0.29% 333 NS July 31, 2026 N-PORT
SIZE · iShares Trust 0.28% 5,844 SH Sept. 11, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.27% 955,015 SH Oct. 1, 2026 Daily
IMCG · iShares Trust 0.27% 54,482 SH Sept. 11, 2026 Daily
RECS · Columbia ETF Trust I 0.27% 77,526 NS July 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.27% 1,046,460 SH Aug. 19, 2026 Daily
FHEQ · Fidelity Greenwood Street Trust 0.26% 11,829 NS July 31, 2026 N-PORT
FYEE · Fidelity Greenwood Street Trust 0.25% 2,609 NS July 31, 2026 N-PORT
FEUS · FlexShares Trust 0.24% 1,320 NS July 31, 2026 N-PORT
GLOF · iShares Trust 0.24% 2,353 SH Sept. 11, 2026 Daily
VFMF · VANGUARD WELLINGTON FUND 0.23% 9,219 SH Aug. 19, 2026 Daily
IWR · iShares Trust 0.23% 622,808 SH Sept. 11, 2026 Daily
IMCB · iShares Trust 0.21% 17,883 SH Sept. 11, 2026 Daily
EUSA · iShares, Inc. 0.20% 19,036 SH Sept. 11, 2026 Daily
XT · iShares Trust 0.18% 33,881 SH Sept. 11, 2026 Daily
MTUM · iShares Trust 0.17% 206,723 SH Sept. 11, 2026 Daily
IMCV · iShares Trust 0.15% 8,797 SH Sept. 11, 2026 Daily
BSCU · Invesco Exchange-Traded Self-Indexe… 0.13% 3,721,000 Oct. 1, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.13% 3,749 SH Oct. 1, 2026 Daily
USXF · iShares Trust 0.12% 8,764 SH Sept. 11, 2026 Daily
BSCR · Invesco Exchange-Traded Self-Indexe… 0.12% 5,202,000 Oct. 1, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.10% 10,835 SH Aug. 19, 2026 Daily
DSI · iShares Trust 0.08% 22,547 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.08% 338,368 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.08% 13,598 SH Oct. 1, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.07% 105,000 Oct. 1, 2026 Daily
DFSU · Dimensional ETF Trust 0.07% 7,942 NS July 31, 2026 N-PORT
VONV · VANGUARD SCOTTSDALE FUNDS 0.07% 91,728 SH Aug. 19, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.07% 24,901 SH Oct. 1, 2026 Daily
DCOR · Dimensional ETF Trust 0.07% 11,084 NS July 31, 2026 N-PORT
IUS · Invesco Exchange-Traded Self-Indexe… 0.07% 2,318 SH Oct. 1, 2026 Daily
ESG · FlexShares Trust 0.07% 420 NS July 31, 2026 N-PORT
PBP · Invesco Exchange-Traded Fund Trust 0.06% 899 SH Oct. 1, 2026 Daily
ILCG · iShares Trust 0.06% 9,644 SH Sept. 11, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.06% 25,511 SH Oct. 1, 2026 Daily
ACVF · ETF Opportunities Trust 0.06% 454 NS July 31, 2026 N-PORT
USCL · iShares Trust 0.06% 7,822 SH Sept. 11, 2026 Daily
PHDG · Invesco Actively Managed Exchange-T… 0.05% 119 SH Oct. 1, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.05% 34,342 SH Aug. 19, 2026 Daily
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.05% 21,041 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.05% 2,580 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.05% 12,653 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.05% 2,951 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.05% 27,243 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.04% 60,729 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.04% 44,938 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.04% 102,629 NS July 31, 2026 N-PORT
IUSG · iShares Trust 0.04% 71,970 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.04% 6,511 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.04% 104,858 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.04% 42,050 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.04% 197,233 SH Sept. 11, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.04% 25,052 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.04% 12,795 SH Aug. 19, 2026 Daily
TOV · EA Series Trust 0.04% 563 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.04% 421 SH Sept. 11, 2026 Daily
URTH · iShares, Inc. 0.03% 13,309 SH Sept. 11, 2026 Daily
VOXP · Advisors Series Trust 0.03% 9 NS July 31, 2026 N-PORT
ILCV · iShares Trust 0.03% 2,086 SH Sept. 11, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.03% 10,937 SH Oct. 1, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.03% 4,564,130 SH Aug. 19, 2026 Daily
ACWI · iShares Trust 0.03% 47,237 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.03% 3,002 NS July 31, 2026 N-PORT
CRBN · iShares Trust 0.03% 1,567 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.02% 128,782 SH Aug. 19, 2026 Daily
DYNF · BlackRock ETF Trust 0.01% 25,486 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.01% 5,274 NS July 31, 2026 N-PORT
IETC · iShares U.S. ETF Trust 0.00% 32 SH Sept. 10, 2026 Daily
BSV · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
IJH · iShares Trust · 5,309,264 SH Sept. 11, 2026 Daily
IJK · iShares Trust · 473,339 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 355,271 SH Aug. 31, 2026 Daily
XJH · iShares Trust · 20,669 SH Sept. 8, 2026 Daily

ILMN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 28 analysts BUY
Median target $214.00 -21.6%
7 25.0% Strong Buy
9 32.1% Buy
9 32.1% Hold
2 7.1% Sell
1 3.6% Strong Sell

12-Month Price Target

20 analysts · 2026-09-28

Mean target $202.65 -25.8%

Above all targets → Current price $273.04
Low$113.00 Mean$202.65 High$260.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ILMN $20.65B 24.8 -0.66% 19.6% 34.1% 66.1%
TMO $257.86B 32.7 3.9% 15.0% 13.0% ·
DHR $161.82B 45.3 2.9% 14.7% 7.1% 59.1%
A $41.43B 32.0 6.7% 18.8% 20.6% ·
WAT $22.62B 35.3 7.0% 20.3% 27.2% ·
IQV $38.23B 28.8 5.9% 8.3% 21.6% ·
MTD $28.38B 33.2 4.0% 21.6% -615.5% 59.4%
WST $19.81B 40.5 6.2% 16.1% 16.2% 35.9%
MEDP $15.93B 36.8 20.0% 17.8% 142.9% ·
RVTY $10.86B 46.7 3.7% 8.5% 3.3% ·
TEM · -41.9 83.4% -19.3% -61.2% ·

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Source: SEC 10-Q filed Jul 31, 2026