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Illumina (ILMN) Reports Q3 Earnings: What Key Metrics Have to Say
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Illumina (ILMN - Free Report) reported $1.13 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.2%. EPS of $1.44 for the same period compares to $1.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of -0.76%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $1.36.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Illumina performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Product revenue: $946 million versus $974.75 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.1% change.
Revenue- Service and other revenue: $183 million compared to the $175.54 million average estimate based on three analysts. The reported number represents a change of +16.6% year over year.
Revenue- Sequencing- Instruments: $102 million versus the two-analyst average estimate of $104.01 million. The reported number represents a year-over-year change of -4.7%.
Revenue- Microarrays- Instruments: $3 million versus the two-analyst average estimate of $3.43 million. The reported number represents a year-over-year change of -25%.
Revenue- Microarrays- Consumables: $77 million compared to the $78.71 million average estimate based on two analysts. The reported number represents a change of +11.6% year over year.
Revenue- Sequencing- Consumables: $764 million compared to the $788.98 million average estimate based on two analysts. The reported number represents a change of +2.3% year over year.
Shares of Illumina have returned +5.5% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
View the Zacks #1 Rank List
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Illumina (ILMN) Reports Q3 Earnings: What Key Metrics Have to Say
Illumina (ILMN - Free Report) reported $1.13 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.2%. EPS of $1.44 for the same period compares to $1.34 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of -0.76%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $1.36.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Illumina performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Illumina here>>>
Shares of Illumina have returned +5.5% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.