Illumina, Inc. $ILMN reported second-quarter 2026 revenue of $1.16 billion, up 9.4% from a year earlier and slightly ahead of analyst expectations. Gross profit rose to $770 million, while operating profit increased 14.5% to $245 million, reflecting improved operating performance.
Net income attributable to common shareholders came in at $207 million, down 11.9% year over year, and diluted earnings per share were $1.35, compared with expectations for $1.25. Operating cash flow was $201 million, and the company ended the quarter with $1.04 billion in cash and cash equivalents.
Key quarterly highlights included:
The company’s stock rose 3.86% after the close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Illumina, Inc. Insider Trading Activity
Illumina, Inc. insiders have traded $ILMN stock on the open market 42 times in the past 6 months. Of those trades, 1 have been purchases and 41 have been sales.
Here’s a breakdown of recent trading of $ILMN stock by insiders over the last 6 months:
- KEITH A. MEISTER has made 0 purchases and 26 sales selling 999,056 shares for an estimated $154,974,605.
- PATRICIA LECKMAN (SVP, Chief People Officer) has made 0 purchases and 9 sales selling 3,937 shares for an estimated $529,719.
- SCOTT M DAVIES (Chief Legal Officer) has made 0 purchases and 3 sales selling 2,566 shares for an estimated $364,316.
- SCOTT D ERICKSEN (VP, Chief Accounting Officer) has made 0 purchases and 2 sales selling 2,000 shares for an estimated $305,150.
- CHRISTENSEN JAKOB WEDEL (SVP, Strategy/Corp Development) sold 700 shares for an estimated $97,328
- SCOTT GOTTLIEB purchased 200 shares for an estimated $23,562
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Illumina, Inc. Hedge Fund Activity
We have seen 372 institutional investors add shares of Illumina, Inc. stock to their portfolio, and 400 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS removed 4,551,213 shares (-22.6%) from their portfolio in Q1 2026, for an estimated $560,982,514
- WCM INVESTMENT MANAGEMENT, LLC added 1,851,848 shares (+45.5%) to their portfolio in Q1 2026, for an estimated $228,258,784
- LOOMIS SAYLES & CO L P removed 1,228,743 shares (-29.5%) from their portfolio in Q1 2026, for an estimated $151,454,862
- ALLIANCEBERNSTEIN L.P. added 854,747 shares (+360.9%) to their portfolio in Q1 2026, for an estimated $105,356,115
- JUPITER ASSET MANAGEMENT LTD added 816,436 shares (+300.9%) to their portfolio in Q1 2026, for an estimated $100,633,901
- BLACKROCK, INC. added 701,913 shares (+3.8%) to their portfolio in Q1 2026, for an estimated $86,517,796
- GUARDCAP ASSET MANAGEMENT LTD removed 689,128 shares (-43.7%) from their portfolio in Q1 2026, for an estimated $84,941,917
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Illumina, Inc. Government Contracts
We have seen $31,322,074 of award payments to $ILMN over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- ILLUMINA DRAGEN GENOMIC ANALYSIS SYSTEM: $1,189,411
- ILLUMINA REAGENTS AND CONSUMABLES: $999,049
- PURCHASE OF 7 MISEQ I100S TO PERFORM WHOLE GENOME SEQUENCING (WGS) ON ALL FOODBORNE PATHOGENS ISOLATED AND ...: $805,796
- ILLUMINA REAGENT CHEMISTRY KITS: $684,263
- ILLUMINA REAGENTS AND CONSUMABLES, EO 14398: $650,392
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Illumina, Inc. Congressional Stock Trading
Members of Congress have traded $ILMN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ILMN stock by members of Congress over the last 6 months:
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. purchased up to $15,000 on 02/10.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Illumina, Inc. Price Targets
Multiple analysts have issued price targets for $ILMN recently. We have seen 9 analysts offer price targets for $ILMN in the last 6 months, with a median target of $185.0.
Here are some recent targets:
- Vijay Kumar from Evercore ISI Group set a target price of $200.0 on 07/06/2026
- David Westenberg from Piper Sandler set a target price of $200.0 on 07/01/2026
- Subbu Nambi from Guggenheim set a target price of $200.0 on 06/29/2026
- Eve Burstein from Bernstein set a target price of $185.0 on 06/26/2026
- Luke Sergott from Barclays set a target price of $145.0 on 06/24/2026
- Casey Woodring from JP Morgan set a target price of $185.0 on 06/10/2026
- Dan Leonard from RBC Capital set a target price of $170.0 on 05/15/2026
