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Illumina, Inc. (ILMN)

234.76 -55.30 (-19.07%)
As of 2:41:13 PM EDT. Market Open.
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ILMN Q3 2026 earnings call
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Illumina reported Q3 revenue of $1.13 billionand adjusted EPS (earnings per share, measuring profit per share excluding specified adjustments) of $1.44. EPS exceeded expectations, but revenue missed estimates after tariff refunds, while the company maintained an organic growth outlook of slightly above 4%. The stock fell 19.54% in regular-session trading on October 30, 2026, as investors focused on growth speed and valuation despite raised guidance.

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  • Previous Close 290.06
  • Open 253.84
  • Bid 220.86 x 100
  • Ask 245.49 x 100
  • Day's Range 231.18 - 256.06
  • 52 Week Range 106.12 - 309.35
  • Volume 3,569,512
  • Avg. Volume 2,779,956
  • Market Cap (intraday) 35.449B
  • Beta (5Y Monthly) 1.42
  • PE Ratio (TTM) 43.80
  • EPS (TTM) 5.36
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 248.90
  • Morningstar Rating Rating available with Stock Picks access

Illumina, Inc. provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa. The company offers sequencing- and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers, as well as through life-science distributors. The company has a collaboration with Labcorp Holdings Inc. for the development of oncology treatments through applications of sequencing solutions across the healthcare ecosystem; and strategic collaboration with Integrated DNA Technologies to enable a DRAGEN, secondary analysis pipeline for IDT xGena, FFPE and cfDNA next generation sequencing (NGS) library preparation with custom panels, delivering an integrated, end-to-end solution for somatic oncology research. It also has a data partnership with Center for Data-Driven Discovery in Biomedicine to advance research in pediatric cancer and rare disease. Illumina, Inc. was incorporated in 1998 and is headquartered in San Diego, California.

www.illumina.com

8,600

Full Time Employees

December 28

Fiscal Year Ends

Healthcare

Sector

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

ILMN
78.99%
S&P 500 (^GSPC)
10.18%

1-Year Return

ILMN
137.11%
S&P 500 (^GSPC)
10.55%

3-Year Return

ILMN
123.73%
S&P 500 (^GSPC)
81.01%

5-Year Return

ILMN
41.86%
S&P 500 (^GSPC)
63.77%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.17B
Earnings 220M
Profit Margin 18.87%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
200M
400M
600M
800M
1B
15.0%
20.0%
25.0%

Analyst Insights

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Analyst Price Targets

113.00 Low
248.90 Average
234.76 Current
365.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst Evercore ISI Group
Rating Action Maintains
Rating Outperform
Price Action Lowers
Price Target 290 -> 275

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    18.34%

  • Return on Assets (ttm)

    8.67%

  • Return on Equity (ttm)

    32.34%

  • Revenue (ttm)

    4.49B

  • Net Income Avi to Common (ttm)

    824M

  • Diluted EPS (ttm)

    5.36

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.17B

  • Total Debt/Equity (mrq)

    89.04%

  • Levered Free Cash Flow (ttm)

    797.63M

Company Insights

Research Reports

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