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Illumina vs Bruker: ILMN and BRKR compared
Illumina is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $874M for Bruker (Q3 2026). Illumina is growing faster (+4% against +2% a year earlier). Illumina is more profitable, with an operating margin of 27.0% against -10.4%.
Where the money goes: ILMN and BRKR
Illumina (ILMN) · Q3 2026
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.
Bruker (BRKR) · Q3 2026
Bruker, Q3 2026: revenue $874M (+2% year over year), operating margin -10.4%, net loss $110M, operating cash flow $118M. The chart follows the revenue to costs, profit and cash.
| Illumina (ILMN) | Bruker (BRKR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $1.1B | $874M |
| Revenue growth, Y/Y | +4% | +2% |
| Gross margin | 73.5% | — |
| Operating margin | 27.0% | -10.4% |
| Net earnings | $220M | −$110M |
| Net margin | 19.5% | -12.6% |
| Operating cash flow | $419M | $118M |
| Free cash flow | $378M | $96.7M |
| Market value | $32.8B | $9.3B |
| P/E | 36.7× | — |
| Analysts’ mean target | $259.85 | $65.17 |
Where the revenue comes from
Illumina
- Total product revenue: $946M (84%)
- Service: $183M (16%)
Bruker
- BSIBIOS: $397M (45%)
- Bsi Nano: $263M (30%)
- BSIBMID: $134M (15%)
- Energy and Supercon Technologies: $80.1M (9%)
Questions
Which is bigger, Illumina or Bruker?
Illumina is the larger company: $1.1B of revenue in its latest quarter (Q3 2026) against $874M for Bruker (Q3 2026).
Is Illumina or Bruker growing faster?
Illumina is growing faster (+4% against +2% a year earlier).
Which is more profitable, Illumina or Bruker?
Illumina is more profitable, with an operating margin of 27.0% against -10.4%.
More: Illumina earnings · how Illumina makes money · Bruker earnings · how Bruker makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 30, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.