Illumina Q1 revenue up 4.8% to $1.09B; non-GAAP EPS $1.15, raises FY2026 guidance; new $1.5B buyback

ILLUMINA, INC.

2026-Q1 EPS reported $0.87 revenue$1,091,000,000

Revenue $1.09B (+4.8% YoY); GAAP EPS $0.87, non-GAAP EPS $1.15 vs prior year $0.97.
GAAP operating margin 19.2%, non-GAAP 21.9%; free cash flow $251M vs $208M prior year.
FY2026 guidance raised: revenue $4.52-$4.62B, non-GAAP EPS $5.15-$5.30.
Board authorized new $1.5B share repurchase program; $314M remains from prior $1.5B authorization.
Cash and short-term investments $1.16B; operating cash flow $289M.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

ILLUMINA, INC. reported first quarter ended March 29, 2026 results: revenue $1.09 billion, EPS $0.87. Guidance raised.

Period: first quarter ended March 29, 2026
Revenue: $1.09 billion
EPS: $0.87
Guidance: raised
Result: reported results

Exact text from the filing

Inc. (Nasdaq: ILMN) (“Illumina” or the “company”) today announced its financial results for the first quarter of fiscal year 2026. First quarter 2026 results: • Revenue of $1.09 billion for Q1 2026 , up 4.8% from Q1 2025 (ROW 1 organic revenue growth of 3.5%) • GAAP operating margin of 19.2% and non-GAAP operating margin of 21.9% • GAAP diluted EPS of $0.87 and

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Source: SEC EDGAR

accession 0001110803-26-000087

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