earnings
confidence high
sentiment positive
materiality 0.80
Illumina Q2 revenue $1.16B (+9.5% YoY), raises FY2026 guidance on strong NovaSeq X demand
ILLUMINA, INC.
- Revenue $1.16B, up 9.5% YoY; organic growth 8.1% ex-currency, acquisitions, and China.
- GAAP diluted EPS $1.35, non-GAAP $1.31; GAAP operating margin 21.1%, non-GAAP 22.5%.
- FY2026 guidance raised: revenue $4.60-$4.64B, non-GAAP EPS $5.30-$5.40 (prior $5.15-$5.30).
- Free cash flow $162M; cash and short-term investments $1.17B at quarter end.
- CEO cites strong momentum; ROW organic growth guidance raised to >5% from 2%-4%.