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Illumina (ILMN) operating margin by quarter

Illumina's operating margin was 27.0% in Q3 2026 (third quarter 2026), +5.9 pts from Q2 2026. Over the last 7 quarters it ranged from 15.8% (Q1 2025) to 27.0% (Q3 2026).

Illumina operating margin by quarterIllumina operating margin by quarter15.8%Q1 202520.2%Q2 202520.9%Q3 202517.3%Q4 202519.2%Q1 202621.1%Q2 202627.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202627.0%+5.9 pts+6.1 pts
Q2 202621.1%+2.0 pts+0.9 pts
Q1 202619.2%+1.8 pts+3.4 pts
Q4 202517.3%-3.6 pts—
Q3 202520.9%+0.7 pts—
Q2 202520.2%+4.5 pts—
Q1 202515.8%——

Q3 2026 at a glance

Illumina, Q3 2026: revenue $1.1B (+4% year over year), operating margin 27.0%, net earnings $220M, operating cash flow $419M. The chart follows the revenue to costs, profit and cash.

Questions

What is Illumina's operating margin?

Illumina's operating margin was 27.0% in Q3 2026 (third quarter 2026), +5.9 pts from Q2 2026.

How has Illumina's operating margin changed?

Over the last 7 quarters it ranged from 15.8% (Q1 2025) to 27.0% (Q3 2026).

Q3 2026 results → · How Illumina makes money →