Illumina's Q3 2026 net income rose 46.7% to $220.0M, with gross margin expanding to 73.5% from 67.6%.

Filed October 30, 2026 · Period ending September 27, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• high

  Revenue increased 4.2% to $1.13B in Q3 2026, with consumables up 3.1% and service revenue up 16.6%.

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• high

  Gross margin expanded to 73.5% from 67.6% a year ago, which the company attributes to a net benefit of $42 million related to IEEPA tariff refunds.

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• medium

  Operating cash flow for the first nine months rose 19.9% to $909.0M, while the company spent $379.0M on share repurchases and $417.0M on acquisitions.

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