Illumina’s margins on consumables are very high: http://41j.com/blog/2018/11/illumina-consumables-are-90-profit/ http://41j.com/blog/2018/11/illumina-consumabl

Illumina’s margins on consumables are very high: http://41j.com/blog/2018/11/illumina-consumables-are-90-profit/ http://41j.com/blog/2018/11/illumina-consumables-are-90-prof... Their overall gross margin is >60%. I suspect that instrument margins are actually also quite high, but they factor in R&D spending on instrument costs. However, Dante labs appear to be using BGI, not Illumina for sequencing.