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	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022	Jan 3, 2021
Revenue	4,288	4,372	4,504	4,584	4,526	3,239
Revenue Growth (YoY)	-2.32%	-2.93%	-1.75%	1.28%	39.73%	-8.58%
Cost of Revenue	1,356	1,383	1,563	1,439	1,301	1,008
Gross Profit	2,932	2,989	2,941	3,145	3,225	2,231
Selling, General & Admin	1,103	1,394	1,620	1,614	1,744	1,014
Research & Development	870	1,068	1,207	1,209	914	609
Amortization of Goodwill & Intangibles	67	127	191	173	71	28
Operating Expenses	2,040	2,589	3,018	2,996	2,729	1,651
Operating Income	892	400	-77	149	496	580
Interest Expense	-100	-100	-77	-26	-61	-49
Interest & Investment Income	40	46	58	11	-	41
Currency Exchange Gain (Loss)	-8	-8	-	-	-	-
Other Non Operating Income (Expenses)	14	13	1	-13	9	11
EBT Excluding Unusual Items	838	351	-95	121	444	583
Merger & Restructuring Charges	-57	-62	-152	-	-589	-25
Impairment of Goodwill	-	-1,466	-712	-3,914	-	-
Gain (Loss) on Sale of Investments	169	-312	-40	-122	917	291
Asset Writedown	-23	-423	-115	-	-	-
Legal Settlements	-18	456	-20	-619	-	-
Other Unusual Items	-13	277	17	198	112	7
Pretax Income	896	-1,179	-1,117	-4,336	884	856
Income Tax Expense	193	44	44	68	122	200
Earnings From Continuing Operations	703	-1,223	-1,161	-4,404	762	656
Net Income	703	-1,223	-1,161	-4,404	762	656
Net Income to Common	703	-1,223	-1,161	-4,404	762	656
Net Income Growth	-	-	-	-	16.16%	-34.53%
Shares Outstanding (Basic)	157	159	158	157	150	147
Shares Outstanding (Diluted)	158	159	158	157	151	148
Shares Change (YoY)	-0.79%	0.63%	0.64%	3.97%	2.03%	-0.67%
EPS (Basic)	4.48	-7.69	-7.35	-28.05	5.08	4.46
EPS (Diluted)	4.46	-7.69	-7.35	-28.05	5.04	4.45
EPS Growth	-	-	-	-	13.26%	-33.98%
Free Cash Flow	1,000	709	283	106	337	891
Free Cash Flow Per Share	6.35	4.46	1.79	0.68	2.23	6.02
Gross Margin	68.38%	68.37%	65.30%	68.61%	71.25%	68.88%
Operating Margin	20.80%	9.15%	-1.71%	3.25%	10.96%	17.91%
Profit Margin	16.39%	-27.97%	-25.78%	-96.07%	16.84%	20.25%
Free Cash Flow Margin	23.32%	16.22%	6.28%	2.31%	7.45%	27.51%
EBITDA	1,167	754	355	543	747	767
EBITDA Margin	27.21%	17.25%	7.88%	11.85%	16.50%	23.68%
D&A For EBITDA	275	354	432	394	251	187
EBIT	892	400	-77	149	496	580
EBIT Margin	20.80%	9.15%	-1.71%	3.25%	10.96%	17.91%
Effective Tax Rate	21.54%	-	-	-	13.80%	23.36%
Revenue as Reported	4,288	4,372	4,504	4,584	4,526	3,239
Advertising Expenses	-	37	36	53	48	28

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q