ILMN Illumina margins

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Relative Growth: Rel. Growth: 27
Relative Strength: Rel. Strength: 97
Relative Valuation: Rel. Valuation: 17
Relative Profitability: Rel. Profitability: 79
Gross margin
66.4%
Operating margin
19.6%
EBITDA margin
30.8%
Net margin
18.4%

Based on the latest figures, Illumina reports a gross margin of 66.4%, an operating margin of 19.6%, an EBITDA margin of 30.8%, and a net margin of 18.4%. Net margin had the largest decline, falling by 11 percentage points, while the other available margins also weakened.

ILMN margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Illumina recorded average margins of 64.39% gross, -7.04% operating, 1.52% EBITDA, and -10.97% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

ILMN margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all declined, with net margin showing the largest decrease at 11 percentage points.

Gross margin expansion
-0.1pp
Operating margin expansion
-10.6pp
EBITDA margin expansion
-10.8pp
Net margin expansion
-11pp

ILMN Gross margin

Illumina's gross margin averaged 64.39% over the last 3 years. Compared with its three-year average, Illumina's current gross margin is 66.4% and is 2 percentage points above its three-year average. Over the last 3 years, Illumina's gross margin peaked at 66.5% in Jun 2025 and reached a low of 60.9% in Dec 2023.

ILMN Operating margin

Illumina recorded an average operating margin of -7.04% across the last 3 years. At present, the current operating margin for Illumina is 19.6%, 26.6 percentage points above its three-year average. The operating margin for Illumina moved between -60.2% in Jun 2024 and 30.2% in Jun 2025.

ILMN EBITDA margin

Across the last 3 years, Illumina's EBITDA margin came to 1.52%. The current EBITDA margin stands at 30.8%, 29.3 percentage points above its three-year average. EBITDA margin was highest at 41.6% in Jun 2025 and lowest at -57.1% in Jun 2024.

ILMN Net margin

Illumina recorded an average net margin of -10.97% across the last 3 years. Illumina currently reports a net margin of 18.4%, 29.4 percentage points above its three-year average. Net margin was highest at 29.4% in Jun 2025 and lowest at -68.7% in Jun 2024.

ILMN margin group comparison

Margins compared with peer-group, industry and sector averages

Illumina's gross margin of 66.4% is above the industry and its peers average but below the Healthcare sector average. But compared to its Healthcare sector average of 68.5%, Illumina's gross margin is only 3.1% lower.

ILMN margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Illumina's gross margin?

As of Jun 28, 2026, ILMN has a gross margin of 66.4%.

What is Illumina's operating margin?

As of Jun 28, 2026, ILMN has an operating margin of 19.6%.

What is Illumina's EBITDA margin?

As of Jun 28, 2026, ILMN has an EBITDA margin of 30.8%.

What is Illumina's net margin?

As of Jun 28, 2026, ILMN has a net margin of 18.4%.

What are the average margins of ILMN?

Across the last 3 years, ILMN averaged 64.4% gross, -7.0% operating, 1.5% EBITDA, and -11.0% net.

What are the highest historical margins of ILMN?

Looking back across 5 years, ILMN reached 69.7% gross in Jan 2022, 30.2% operating in Jun 2025, 41.6% EBITDA in Jun 2025, and 29.4% net in Jun 2025.

What are the lowest historical margins of ILMN?

Looking back across 5 years, ILMN reached its lowest margins at 60.9% gross in Dec 2023, -99.6% operating in Apr 2023, -92.3% EBITDA in Apr 2023, and -100.9% net in Apr 2023.