Illumina, Inc. (ILMN) Q2 2026 Earnings Call Transcript

Illumina, Inc. ( ILMN ) Q2 2026 Earnings Call July 30, 2026 4:30 PM EDT Company Participants Conor Noel McNamara - VP of Investor Relations Jacob Thaysen - CEO & Director Ankur Dhingra - Chief Financial Officer Conference Call Participants Puneet Souda - Leerink Partners LLC, Research Division Tycho Peterson - Jefferies LLC, Research Division Vijay Kumar - Evercore ISI Institutional Equities, Research Division Michael Ryskin - BofA Securities, Research Division Dan Leonard - RBC Capital Markets, Research Division Subhalaxmi Nambi - Guggenheim Securities, LLC, Research Division Kyle Mikson - Canaccord Genuity Corp., Research Division Jack Meehan Presentation Operator Good day, ladies and gentlemen. Welcome to the Second Quarter 2026 Illumina Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the call over to Head of Investor Relations, Conor McNamara. Conor Noel McNamara VP of Investor Relations Hello, everyone, and welcome to Illumina's Second Quarter 2026 Earnings Call. Today, we will review our financial results released after market close and provide prepared remarks before opening the line for questions and answers. Our earnings release is available in the Investor Relations section of illumina.com. Joining me today are Jacob Thaysen, Chief Executive Officer; and Ankur Dhingra, Chief Financial Officer. Jacob will begin with an update on Illumina's business, followed by Ankur's review of the financials. We will be discussing certain non-GAAP financial measures and a reconciliation to GAAP can be found in today's release and in the supplementary data on our website. Unless otherwise stated, all growth rates are presented on a year-over-year reported basis. Organic growth adjusts for the impact of currency and acquisitions and Rest of World organic growth also excludes Greater China due to our inclusion on China's unreliable entity list. This call is being recorded, and the replay will be available on our website. It is our