Illumina raises outlook as clinical sequencing demand supports installations

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Published Friday, October 30, 2026 · 3:19 PM EDT

Illumina raised its 2026 revenue guidance to $4.64-$4.66 billion from $4.60-$4.64 billion following third-quarter clinical sequencing demand and NovaSeq X installations, Yahoo Finance reported. Adjusted earnings guidance increased to $5.40-$5.45 per share from $5.30-$5.40. Management reported more than 80 NovaSeq X placements during the quarter. The platform now accounts for 84% of high-throughput sequencing volume and 60% of associated revenue. Sequencing consumables revenue increased 6% to $792 million, while research and applied consumables declined 6%. Management continued to expect research-market declines during 2026.

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Yahoo Finance

Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.

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