ILMNNEUTRAL

ILMN Gross Margin Analysis

66.1%

Updated 489h ago·SEC filings & market data

Key Takeaway

A gross margin of 66.1% means ILMN keeps $0.661 of every $1 of revenue after paying direct production costs, leaving the rest to cover operating expenses and profit.

Sector Performance

78th percentile

ILMN

66.1%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

68.2%(May 2026)

↓ Declining

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Deep Analysis

A gross margin of 66.1% means ILMN keeps $0.661 of every $1 of revenue after paying direct production costs, leaving the rest to cover operating expenses and profit.

This sits well above the sector median of 45.6%, placing ILMN in the 80th percentile among its sector peers. The trend data is not available: the year-over-year change and quarter-over-quarter change are both N/A, and there are no figures for the last eight quarters. Because the margin level is high but the trend is unknown, you cannot confirm whether this advantage is stable, expanding, or eroding, which adds uncertainty to the investment case. That unknown trend tempers the otherwise strong current standing, so the metric neither raises nor lowers expected risk on its own. This supports the overall NEUTRAL verdict: the gross margin is a positive at a single point in time, but with no trend evidence, it does not justify a bullish or bearish stance.

Frequently Asked Questions

What does the Gross Margin tell investors about ILMN?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are ILMN's closest peers by Gross Margin?

The closest peers by Gross Margin include: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.