Illumina, Inc. (ILMN)

NASDAQ: ILMN · Real-Time Price · USD

273.04

+7.32 (2.75%)

At close: Oct 2, 2026, 4:00 PM EDT

274.33

+1.29 (0.47%)

After-hours: Oct 2, 2026, 4:29 PM EDT

Illumina Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Revenue	4,494	4,343	4,372	4,504	4,584	4,526
Revenue Growth	4.90%	-0.66%	-2.93%	-1.75%	1.28%	39.73%
Gross Profit	3,053	2,964	2,989	2,941	3,145	3,225
Operating Income	883	869	400	-77	149	496
Net Income	824	850	-1,223	-1,161	-4,404	762
Earnings Per Share	5.37	5.45	-7.69	-7.35	-28.05	5.04
EPS Growth	-32.10%	-	-	-	-	13.26%

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Sequencing	4,116	3,985	3,953	4,112	4,171	4,109
Microarray	377	358	379	392	413	417
Revenue (Total)	4,493	4,343	4,372	4,504	4,584	4,526

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Cash & Investments	1,168	1,633	1,220	1,054	2,037	1,339
Total Debt	2,527	2,553	2,622	2,262	3,555	2,540
Net Cash (Debt)	-1,359	-920	-1,402	-1,208	-1,518	-1,201
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.82	-5.90	-8.82	-7.65	-9.67	-7.95

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Operating Cash Flow	1,095	1,079	837	478	392	545
Capital Expenditures	-164	-148	-128	-195	-286	-208
Free Cash Flow	931	931	709	283	106	337
Free Cash Flow Growth	-9.70%	31.31%	150.53%	166.98%	-68.55%	-62.18%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 28, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
Gross Margin	67.94%	68.25%	68.37%	65.30%	68.61%	71.25%
Operating Margin	19.65%	20.01%	9.15%	-1.71%	3.25%	10.96%
Pretax Margin	22.59%	25.01%	-26.97%	-24.80%	-94.59%	19.53%
Profit Margin	18.34%	19.57%	-27.97%	-25.78%	-96.07%	16.84%
FCF Margin	20.72%	21.44%	16.22%	6.28%	2.31%	7.45%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 2, 2026	Dec '25 Dec 28, 2025	Dec '24 Dec 29, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 2, 2022
PE Ratio	50.84	24.26	-	-	-	78.04
Forward PE	47.89	27.36	32.67	142.87	77.01	112.81
P/FCF Ratio	43.48	22.15	30.26	78.13	300.06	176.45
PS Ratio	9.01	4.75	4.91	4.91	6.94	13.14