Company / Gross Margin
Illumina, Inc. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
66.1%
FY2025
5-year range
60.9% / 69.7%
FY2021-FY2025
Trend
+1.0%
vs FY2024
Sector context
#29 of 96
Health Care
What the data says
At 66.1%, Illumina, Inc.'s gross margin ranks #29 of 96 in the Health Care sector. Gross Margin has fluctuated over the past 10 years, ranging from 60.9% in FY2023 to 69.8% in FY2017.
Based on SEC 10-K filings.
66.1% in FY2025 with a 5-year CAGR of -1.9%.
Improved from 60.9% to 66.1% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -1.9pp
- 5-Year Change
- -1.9pp
- 10-Year Change
- -
Sector benchmark
#29 of 96 in Health CareTop 30% of 96This company 66.1% Sector average 53.6%
▼
+23.3% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 1.0% year-over-year.
- Currently 12.5pp above the Health Care sector average.
- Peak gross margin was recorded in FY2017.
- Lowest gross margin in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 29.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 66.1% | +1.0% |
| FY2024 | 65.4% | +7.4% |
| FY2023 | 60.9% | -10.4% |
| FY2022 | 68.0% | -2.4% |
| FY2021 | 69.7% | +2.5% |
| FY2020 | 68.0% | +2.5% |
| FY2019 | 66.3% | -4.5% |
| FY2018 | 69.5% | -0.4% |
| FY2017 | 69.8% | +0.4% |
| FY2016 | 69.5% | -0.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026