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Side-by-side financial comparison of ILLUMINA, INC. (ILMN) and LEGGETT & PLATT INC (LEG). Click either name above to swap in a different company.

ILLUMINA, INC. is the larger business by last-quarter revenue ($1.1B vs $938.6M, roughly 1.2× LEGGETT & PLATT INC). ILLUMINA, INC. runs the higher net margin — 12.3% vs 2.7%, a 9.6% gap on every dollar of revenue. On growth, ILLUMINA, INC. posted the faster year-over-year revenue change (4.8% vs -11.2%). ILLUMINA, INC. produced more free cash flow last quarter ($251.0M vs $101.9M). Over the past eight quarters, ILLUMINA, INC.'s revenue compounded faster (-1.3% CAGR vs -7.5%).

Illumina, Inc. is an American biotechnology company, headquartered in San Diego, California. Incorporated on April 1, 1998, Illumina develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. The company provides a line of products and services that serves the sequencing, genotyping and gene expression, and proteomics markets, and serves more than 155 countries.

Leggett & Platt (L&P), based in Carthage, Missouri, is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The firm was founded in 1883, and consists of 15 business units, 20,000 employee-partners, and 135 manufacturing facilities located in 18 countries.

ILMN vs LEG — Head-to-Head

Bigger by revenue
ILMN
ILMN
1.2× larger
ILMN
$1.1B
$938.6M
LEG
Growing faster (revenue YoY)
ILMN
ILMN
+16.0% gap
ILMN
4.8%
-11.2%
LEG
Higher net margin
ILMN
ILMN
9.6% more per $
ILMN
12.3%
2.7%
LEG
More free cash flow
ILMN
ILMN
$149.1M more FCF
ILMN
$251.0M
$101.9M
LEG
Faster 2-yr revenue CAGR
ILMN
ILMN
Annualised
ILMN
-1.3%
-7.5%
LEG

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
ILMN
ILMN
LEG
LEG
Revenue
$1.1B
$938.6M
Net Profit
$134.0M
$25.1M
Gross Margin
66.1%
17.9%
Operating Margin
19.2%
2.0%
Net Margin
12.3%
2.7%
Revenue YoY
4.8%
-11.2%
Net Profit YoY
76.8%
EPS (diluted)
$0.87
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ILMN
ILMN
LEG
LEG
Q1 26
$1.1B
Q4 25
$1.2B
$938.6M
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$1.1B
$1.1B
Q3 24
$1.1B
$1.1B
Q2 24
$1.1B
$1.1B
Net Profit
ILMN
ILMN
LEG
LEG
Q1 26
$134.0M
Q4 25
$334.0M
$25.1M
Q3 25
$127.1M
Q2 25
$52.5M
Q1 25
$30.6M
Q4 24
$186.0M
$14.2M
Q3 24
$705.0M
$44.9M
Q2 24
$-2.0B
$-602.2M
Gross Margin
ILMN
ILMN
LEG
LEG
Q1 26
66.1%
Q4 25
65.5%
17.9%
Q3 25
18.7%
Q2 25
18.2%
Q1 25
18.6%
Q4 24
65.9%
16.6%
Q3 24
69.0%
18.2%
Q2 24
64.8%
16.5%
Operating Margin
ILMN
ILMN
LEG
LEG
Q1 26
19.2%
Q4 25
17.4%
2.0%
Q3 25
14.9%
Q2 25
6.8%
Q1 25
4.4%
Q4 24
15.8%
2.4%
Q3 24
68.6%
5.2%
Q2 24
-147.2%
-56.2%
Net Margin
ILMN
ILMN
LEG
LEG
Q1 26
12.3%
Q4 25
28.8%
2.7%
Q3 25
12.3%
Q2 25
5.0%
Q1 25
3.0%
Q4 24
16.8%
1.3%
Q3 24
65.3%
4.1%
Q2 24
-178.8%
-53.4%
EPS (diluted)
ILMN
ILMN
LEG
LEG
Q1 26
$0.87
Q4 25
$2.16
$0.18
Q3 25
$0.91
Q2 25
$0.38
Q1 25
$0.22
Q4 24
$1.16
$0.10
Q3 24
$4.42
$0.33
Q2 24
$-12.48
$-4.39

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ILMN
ILMN
LEG
LEG
Cash + ST InvestmentsLiquidity on hand
$1.2B
$587.4M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.7B
$1.0B
Total Assets
$6.6B
$3.5B
Debt / EquityLower = less leverage
1.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ILMN
ILMN
LEG
LEG
Q1 26
$1.2B
Q4 25
$1.6B
$587.4M
Q3 25
$460.7M
Q2 25
$368.8M
Q1 25
$412.6M
Q4 24
$93.0M
$350.2M
Q3 24
$70.0M
$277.2M
Q2 24
$74.0M
$307.0M
Total Debt
ILMN
ILMN
LEG
LEG
Q1 26
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.8B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.6B
Q2 24
$1.7B
Stockholders' Equity
ILMN
ILMN
LEG
LEG
Q1 26
$2.7B
Q4 25
$2.7B
$1.0B
Q3 25
$971.8M
Q2 25
$855.0M
Q1 25
$746.8M
Q4 24
$2.4B
$689.4M
Q3 24
$2.1B
$741.0M
Q2 24
$1.4B
$667.6M
Total Assets
ILMN
ILMN
LEG
LEG
Q1 26
$6.6B
Q4 25
$6.6B
$3.5B
Q3 25
$3.5B
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$6.3B
$3.7B
Q3 24
$6.0B
$3.8B
Q2 24
$6.1B
$3.8B
Debt / Equity
ILMN
ILMN
LEG
LEG
Q1 26
Q4 25
1.46×
Q3 25
1.54×
Q2 25
2.10×
Q1 25
2.59×
Q4 24
2.70×
Q3 24
2.13×
Q2 24
2.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ILMN
ILMN
LEG
LEG
Operating Cash FlowLast quarter
$289.0M
$121.5M
Free Cash FlowOCF − Capex
$251.0M
$101.9M
FCF MarginFCF / Revenue
23.0%
10.9%
Capex IntensityCapex / Revenue
2.1%
Cash ConversionOCF / Net Profit
2.16×
4.84×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$281.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ILMN
ILMN
LEG
LEG
Q1 26
$289.0M
Q4 25
$321.0M
$121.5M
Q3 25
$125.9M
Q2 25
$84.0M
Q1 25
$6.8M
Q4 24
$364.0M
$122.3M
Q3 24
$316.0M
$95.5M
Q2 24
$80.0M
$94.0M
Free Cash Flow
ILMN
ILMN
LEG
LEG
Q1 26
$251.0M
Q4 25
$267.0M
$101.9M
Q3 25
$110.1M
Q2 25
$75.5M
Q1 25
$-6.5M
Q4 24
$335.0M
$100.5M
Q3 24
$284.0M
$77.1M
Q2 24
$49.0M
$78.5M
FCF Margin
ILMN
ILMN
LEG
LEG
Q1 26
23.0%
Q4 25
23.0%
10.9%
Q3 25
10.6%
Q2 25
7.1%
Q1 25
-0.6%
Q4 24
30.3%
9.5%
Q3 24
26.3%
7.0%
Q2 24
4.4%
7.0%
Capex Intensity
ILMN
ILMN
LEG
LEG
Q1 26
Q4 25
2.1%
Q3 25
1.5%
Q2 25
0.8%
Q1 25
1.3%
Q4 24
2.6%
2.1%
Q3 24
3.0%
1.7%
Q2 24
2.8%
1.4%
Cash Conversion
ILMN
ILMN
LEG
LEG
Q1 26
2.16×
Q4 25
0.96×
4.84×
Q3 25
0.99×
Q2 25
1.60×
Q1 25
0.22×
Q4 24
1.96×
8.61×
Q3 24
0.45×
2.13×
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ILMN
ILMN

Product revenue$917.0M84%
Service and other revenue$174.0M16%

LEG
LEG

Bedding Products$373.8M40%
Flooring And Textile Products Group$196.9M21%
Automotive Group$194.9M21%
Work Furniture Group$66.2M7%
Home Furniture Group$61.0M6%
Hydraulic Cylinders$45.8M5%

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