ILLUMINA, INC.(ILMN)Stock Analysis
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Rank #732 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
ILMN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for ILLUMINA, INC. (ILMN), a Technology sector company. 13F Pro's AI-powered ranking engine scores ILMN at 62.5/100 on a 32-signal composite quality model, placing it at rank #732 of 2,879 stocks — the top half of the AI-ranked universe. ILMN scores in the top quartile across balance sheet strength (86.2), profitability (83.7), free cash flow (79.5). Areas of concern include revenue growth (25.6) and earnings quality (30.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 22.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), ILLUMINA, INC. reports quarterly revenue of $1.1B, net income of $134.0M, an operating margin of 19.2%. Top institutional holders of ILMN by reported 13-F value include BlackRock,, Capital World Investors, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. ILMN trades on the Nasdaq exchange and files with the SEC under CIK 1110803. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ILMN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for ILLUMINA, INC. directly from SEC EDGAR. ILLUMINA, INC.'s 13F Pro composite quality score has ranged between 8 and 71 since 2021, currently 62.5 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$1.1B
Net Income
Q1 2026
$134.0M
Free Cash Flow
Q1 2026
$251.0M
Operating Margin
Q1 2026
19.2%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-0.7% YoYNet Income
+169.5% YoYOperating Income
+196.9% YoYEPS (Diluted)
+170.9% YoYTotal Assets
+5.4% YoYTotal Debt
Op. Cash Flow
+28.9% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|
| Revenue | $4.34B -0.7% | $4.37B -2.9% | $4.50B +39.1% | $3.24B -8.6% | $3.54B +6.3% | $3.33B |
| Net Income | $850.0M +169.5% | $-1.22B -5.3% | $-1.16B -277.0% | $656.0M -34.5% | $1.00B +21.3% | $826.0M |
| Operating Income | $807.0M +196.9% | $-833.0M +22.1% | $-1.07B -284.3% | $580.0M -41.1% | $985.0M +11.6% | $883.0M |
| EPS (Diluted) | $5.45 +170.9% | $-7.69 -4.8% | $-7.34 -264.9% | $4.45 -34.0% | $6.74 +21.2% | $5.56 |
| Total Assets | $6.64B +5.4% | $6.30B -37.7% | $10.11B +33.3% | $7.58B +3.7% | $7.32B +5.1% | $6.96B |
| Total Debt | — | — | — | $1.18B +3.8% | $1.14B -34.0% | $1.73B |
| Operating Cash Flow | $1.08B +28.9% | $837.0M +75.1% | $478.0M -55.7% | $1.08B +2.8% | $1.05B -8.0% | $1.14B |
AI Insight: ILMN Financial Trends
Illumina's revenue remains volatile around $1.1B with inconsistent profitability despite positive operating cash flow throughout the period.
• Revenue fluctuated between $1,041M and $1,159M across eight quarters with no clear growth trajectory.
• Operating cash flow stayed positive throughout, ranging from $80M in Q2 2024 to $364M in Q4 2024.
• Net income swung dramatically from -$1,988M loss in Q2 2024 to consistent profitability thereafter.
• Equity base strengthened from $1,436M in Q2 2024 to $2,676M in Q1 2026.
⚠ Revenue declined 6% sequentially in Q1 2026 to $1,091M after Q4 2025 peak of $1,159M.
⚠ Operating income volatility persists with no clear margin expansion trend despite revenue stability.
AI Insight: ILMN Ratio Trends
Illumina's profitability has dramatically recovered from Q2 2024 losses, with operating margins stabilizing around 19-21% through Q1 2026.
• Operating margin rebounded from -147.3% in Q2 2024 to 19.2% in Q1 2026.
• ROIC improved from 27.7% in Q1 2025 to 31.2% in Q1 2026.
• Net profit margin volatile, swinging from 28.8% in Q4 2025 to 12.3% in Q1 2026.
⚠ ROE declined sharply from 49.1% in Q4 2025 to 20.0% in Q1 2026.
⚠ Net margin volatility suggests potential earnings quality or timing issues.
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Available Research
13F Pro tracks comprehensive data for ILLUMINA, INC. including:
Top Institutional Holders of ILMN
BlackRock, Inc.
$2.3B19,023,590 shCapital World Investors
$1.9B15,549,960 shVANGUARD PORTFOLIO MANAGEMENT LLC
$841.1M6,823,654 shVANGUARD CAPITAL MANAGEMENT LLC
$812.9M6,594,836 shSTATE STREET CORP
$792.5M6,429,344 shWCM INVESTMENT MANAGEMENT, LLC
$715.6M5,923,173 shAQR CAPITAL MANAGEMENT LLC
$490.7M3,981,080 shCorvex Management LP
$472.0M3,829,608 shSessa Capital IM, L.P.
$403.8M3,275,849 shGEODE CAPITAL MANAGEMENT, LLC
$375.1M3,051,279 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $2.3B | 19,023,590 |
| Capital World Investors | $1.9B | 15,549,960 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $841.1M | 6,823,654 |
| VANGUARD CAPITAL MANAGEMENT LLC | $812.9M | 6,594,836 |
| STATE STREET CORP | $792.5M | 6,429,344 |
| WCM INVESTMENT MANAGEMENT, LLC | $715.6M | 5,923,173 |
| AQR CAPITAL MANAGEMENT LLC | $490.7M | 3,981,080 |
| Corvex Management LP | $472.0M | 3,829,608 |
| Sessa Capital IM, L.P. | $403.8M | 3,275,849 |
| GEODE CAPITAL MANAGEMENT, LLC | $375.1M | 3,051,279 |
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Popular Research
Is ILMN a good stock to buy?
13F Pro's AI-powered analysis of ILLUMINA, INC. (ILMN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ILMN are available on the ILMN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own ILMN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ILMN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of ILLUMINA, INC.'s investment landscape.