Illumina, Inc. (ILMN)

Illumina Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 30, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	4,337	4,372	4,504	4,584	4,526	3,239
Revenue Growth (YoY)	-3.47%	-2.93%	-1.75%	1.28%	39.73%	-8.58%
Cost of Revenue	1,361	1,383	1,563	1,439	1,301	1,008
Gross Profit	2,976	2,989	2,941	3,145	3,225	2,231
Selling, General & Admin	1,266	1,394	1,620	1,614	1,744	1,014
Research & Development	971	1,068	1,207	1,209	914	609
Operating Expenses	2,333	2,589	3,018	2,996	2,729	1,651
Operating Income	643	400	-77	149	496	580
Interest Expense	-107	-100	-77	-26	-61	-49
Interest & Investment Income	45	46	58	11	-	41
Currency Exchange Gain (Loss)	-8	-8	-	-	-	-
Other Non Operating Income (Expenses)	11	13	1	-13	9	11
EBT Excluding Unusual Items	584	351	-95	121	444	583
Merger & Restructuring Charges	-57	-62	-152	-	-589	-25
Impairment of Goodwill	-1,466	-1,466	-712	-3,914	-	-
Gain (Loss) on Sale of Investments	-286	-312	-40	-122	917	291
Asset Writedown	-423	-423	-115	-	-	-
Legal Settlements	456	456	-20	-619	-	-
Other Unusual Items	304	277	17	198	112	7
Pretax Income	-888	-1,179	-1,117	-4,336	884	856
Income Tax Expense	78	44	44	68	122	200
Earnings From Continuing Operations	-966	-1,223	-1,161	-4,404	762	656
Net Income	-966	-1,223	-1,161	-4,404	762	656
Net Income to Common	-966	-1,223	-1,161	-4,404	762	656
Net Income Growth	-	-	-	-	16.16%	-34.53%
Shares Outstanding (Basic)	159	159	158	157	150	147
Shares Outstanding (Diluted)	159	159	158	157	151	148
Shares Change (YoY)	0.47%	0.63%	0.64%	3.97%	2.03%	-0.67%
EPS (Basic)	-6.08	-7.69	-7.35	-28.05	5.08	4.46
EPS (Diluted)	-6.08	-7.69	-7.35	-28.05	5.04	4.45
EPS Growth	-	-	-	-	13.26%	-33.98%
Free Cash Flow	876	709	283	106	337	891
Free Cash Flow Per Share	5.51	4.46	1.79	0.68	2.23	6.02
Gross Margin	68.62%	68.37%	65.30%	68.61%	71.25%	68.88%
Operating Margin	14.83%	9.15%	-1.71%	3.25%	10.96%	17.91%
Profit Margin	-22.27%	-27.97%	-25.78%	-96.07%	16.84%	20.25%
Free Cash Flow Margin	20.20%	16.22%	6.28%	2.31%	7.45%	27.51%
EBITDA	958	754	355	543	747	767
EBITDA Margin	22.09%	17.25%	7.88%	11.85%	16.50%	23.68%
D&A For EBITDA	315	354	432	394	251	187
EBIT	643	400	-77	149	496	580
EBIT Margin	14.83%	9.15%	-1.71%	3.25%	10.96%	17.91%
Effective Tax Rate	-	-	-	-	13.80%	23.36%
Revenue as Reported	4,337	4,372	4,504	4,584	4,526	3,239
Advertising Expenses	-	37	36	53	48	28

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q