Illumina, Inc. (ILMN) Financial Statements

Illumina financial statements at a glance

Illumina reported revenue of $4.34 billion for fiscal year 2025 (ended December 28, 2025), down 0.7% from fiscal year 2024. Net income was $850.00 million, a net margin of 19.6%.

At the end of fiscal year 2025 it had total assets of $6.64 billion, total liabilities of $3.92 billion and shareholders' equity of $2.72 billion, with total debt of $1.99 billion.

Its operations brought in $1.08 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 28, 2025.

Illumina, Inc.

ILMNHealthcare

United States

Healthcare

USD (Local)

Income Statement

Annual • USD • 8 of 8 periods

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Revenue

4.34B

Prev Year: 4.37B

YoY: -0.7%

Total Revenue

Cost of Revenue

1.47B

Prev Year: 1.51B

YoY: -2.5%

Gross Profit

2.87B

Prev Year: 2.86B

YoY: +0.3%

SG&A Expenses

1.06B

Prev Year: 1.03B

YoY: +2.6%

Operating Expense

R&D Expense

951.00M

Prev Year: 1.17B

YoY: -18.5%

Operating Expenses

3.54B

Prev Year: 5.21B

YoY: -32.1%

Net Non Operating Interest Income Expense

Operating Income

807.00M

Prev Year: -833.00M

YoY: +196.9%

Other Income Expense

Interest Inc.(Exp.),Net-Non-Op., Total

404.02M

Prev Year: -359.00M

YoY: +212.5%

Pre-tax Income

Other, Net

-125.02M

Prev Year: 13.00M

YoY: -1061.7%

Net Income Before Taxes

1.09B

Prev Year: -1.18B

YoY: +192.1%

Net Income Common Stockholders

Provision for Income Taxes

236.00M

Prev Year: 44.00M

YoY: +436.4%

Diluted NI Available to Com Stockholders

Net Income After Taxes

850.00M

Prev Year: -1.22B

YoY: +169.5%

Basic EPS

Net Income Before Extra. Items

850.00M

Prev Year: -1.22B

YoY: +169.5%

Diluted EPS

Net Income

850.00M

Prev Year: -1.22B

YoY: +169.5%

Weighted Average Shares (basic)

Income Available to Com Excl ExtraOrd

850.00M

Prev Year: -1.22B

YoY: +169.5%

Weighted Average Shares (diluted)

Income Available to Com Incl ExtraOrd

850.00M

Prev Year: -1.22B

YoY: +169.5%

Total Operating Income as Reported

Diluted Net Income

850.00M

Prev Year: -1.22B

YoY: +169.5%

Total Expenses

Diluted Weighted Average Shares

156.00M

Prev Year: 159.00M

YoY: -1.9%

Net Income from Continuing and Discontinued Operation

Diluted EPS Excluding ExtraOrd Items

5.449

Prev Year: -7.692

YoY: +170.8%

Normalized Income

Diluted Normalized EPS

5.71

Prev Year: -1.58

YoY: +461.3%

Interest Income

Unusual Expense (Income)

52.00M

Prev Year: 1.49B

YoY: -96.5%

Interest Expense

Metric

FY 2025

Dec 25

FY 2024

Dec 24

FY 2023

Dec 23

FY 2022

Dec 22

FY 2021

Dec 21

FY 2020

Dec 20

FY 2019

Dec 19

FY 2018

Dec 18

Revenue

4.34B

-0.7%

YoY Growth

-0.7%

4.37B

-2.9%

YoY Growth

-2.9%

4.50B

YoY Growth

Total Revenue

YoY Growth

4.58B

+1.3%

YoY Growth

+1.3%

4.53B

+39.7%

YoY Growth

+39.7%

3.24B

-8.6%

YoY Growth

-8.6%

3.54B

+6.3%

YoY Growth

+6.3%

3.33B

YoY Growth

Operating Revenue

YoY Growth

4.58B

+1.3%

YoY Growth

+1.3%

4.53B

+39.7%

YoY Growth

+39.7%

3.24B

-8.6%

YoY Growth

-8.6%

3.54B

+6.3%

YoY Growth

+6.3%

3.33B

YoY Growth

Net Income from Continuing Operation Net Minority Interest

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-34.5%

YoY Growth

-34.5%

1.00B

+21.3%

YoY Growth

+21.3%

826.00M

YoY Growth

Total Unusual Items Excluding Goodwill

YoY Growth

-4.53B

-565.9%

YoY Growth

-565.9%

973.00M

+256.4%

YoY Growth

+256.4%

273.00M

+137.4%

YoY Growth

+137.4%

115.00M

YoY Growth

Total Unusual Items

YoY Growth

-4.53B

-565.9%

YoY Growth

-565.9%

973.00M

+256.4%

YoY Growth

+256.4%

273.00M

+137.4%

YoY Growth

+137.4%

115.00M

YoY Growth

Normalized EBITDA

YoY Growth

617.00M

+176.7%

YoY Growth

+176.7%

223.00M

-72.8%

YoY Growth

-72.8%

819.00M

-34.1%

YoY Growth

-34.1%

1.24B

+10.0%

YoY Growth

+10.0%

1.13B

YoY Growth

Tax Effect of Unusual Items

YoY Growth

-951.93M

-808.9%

YoY Growth

-808.9%

134.27M

+111.1%

YoY Growth

+111.1%

63.61M

+383.1%

YoY Growth

+383.1%

13.17M

YoY Growth

Cost of Revenue

1.47B

-2.5%

YoY Growth

-2.5%

1.51B

-14.1%

YoY Growth

-14.1%

1.76B

+9.2%

YoY Growth

+9.2%

1.61B

+17.5%

YoY Growth

+17.5%

1.37B

+32.4%

YoY Growth

+32.4%

1.04B

-3.7%

YoY Growth

-3.7%

1.08B

+4.2%

YoY Growth

+4.2%

1.03B

YoY Growth

Gross Profit

2.87B

+0.3%

YoY Growth

+0.3%

2.86B

+4.3%

YoY Growth

+4.3%

2.74B

-7.7%

YoY Growth

-7.7%

2.97B

-5.8%

YoY Growth

-5.8%

3.15B

+43.2%

YoY Growth

+43.2%

2.20B

-10.7%

YoY Growth

-10.7%

2.47B

+7.3%

YoY Growth

+7.3%

2.30B

YoY Growth

SG&A Expenses

1.06B

+2.6%

YoY Growth

+2.6%

1.03B

-30.7%

YoY Growth

-30.7%

1.49B

YoY Growth

Operating Expense

YoY Growth

2.62B

-20.1%

YoY Growth

-20.1%

3.28B

+101.9%

YoY Growth

+101.9%

1.62B

+9.5%

YoY Growth

+9.5%

1.48B

+4.6%

YoY Growth

+4.6%

1.42B

YoY Growth

Selling General and Administrative

YoY Growth

1.30B

-38.0%

YoY Growth

-38.0%

2.09B

+122.3%

YoY Growth

+122.3%

941.00M

+12.7%

YoY Growth

+12.7%

835.00M

+5.2%

YoY Growth

+5.2%

794.00M

YoY Growth

Research and Development

YoY Growth

1.32B

+11.5%

YoY Growth

+11.5%

1.19B

+73.8%

YoY Growth

+73.8%

682.00M

+5.4%

YoY Growth

+5.4%

647.00M

+3.9%

YoY Growth

+3.9%

623.00M

YoY Growth

R&D Expense

951.00M

-18.5%

YoY Growth

-18.5%

1.17B

-12.3%

YoY Growth

-12.3%

1.33B

YoY Growth

Operating Expenses

3.54B

-32.1%

YoY Growth

-32.1%

5.21B

-6.6%

YoY Growth

-6.6%

5.57B

YoY Growth

Net Non Operating Interest Income Expense

YoY Growth

-15.00M

+75.4%

YoY Growth

+75.4%

-61.00M

-662.5%

YoY Growth

-662.5%

-8.00M

-134.8%

YoY Growth

-134.8%

23.00M

+276.9%

YoY Growth

+276.9%

-13.00M

YoY Growth

Non-operating Interest Income

YoY Growth

11.00M

YoY Growth

-100.0%

YoY Growth

-100.0%

41.00M

-45.3%

YoY Growth

-45.3%

75.00M

+70.5%

YoY Growth

+70.5%

44.00M

YoY Growth

Non-operating Interest Expense

YoY Growth

26.00M

-57.4%

YoY Growth

-57.4%

61.00M

+24.5%

YoY Growth

+24.5%

49.00M

-5.8%

YoY Growth

-5.8%

52.00M

-8.8%

YoY Growth

-8.8%

57.00M

YoY Growth

Operating Income

807.00M

+196.9%

YoY Growth

+196.9%

-833.00M

+22.1%

YoY Growth

+22.1%

-1.07B

-402.0%

YoY Growth

-402.0%

354.00M

+387.8%

YoY Growth

+387.8%

-123.00M

-121.2%

YoY Growth

-121.2%

580.00M

-41.1%

YoY Growth

-41.1%

985.00M

+11.6%

YoY Growth

+11.6%

883.00M

YoY Growth

Other Income Expense

YoY Growth

-4.67B

-537.7%

YoY Growth

-537.7%

1.07B

+276.1%

YoY Growth

+276.1%

284.00M

+158.2%

YoY Growth

+158.2%

110.00M

+358.3%

YoY Growth

+358.3%

24.00M

YoY Growth

Gain on Sale of Securities

YoY Growth

-129.00M

-113.3%

YoY Growth

-113.3%

973.00M

+256.4%

YoY Growth

+256.4%

273.00M

+347.5%

YoY Growth

+347.5%

61.00M

YoY Growth

Special Income Charges

YoY Growth

-4.53B

YoY Growth

-100.0%

YoY Growth

-100.0%

54.00M

YoY Growth

Restructuring and Mergers Acquisition

YoY Growth

+100.0%

YoY Growth

+100.0%

-86.00M

YoY Growth

Impairment of Capital Assets

YoY Growth

3.91B

YoY Growth

Other Special Charges

YoY Growth

619.00M

YoY Growth

Gain on Sale of Business

YoY Growth

-100.0%

YoY Growth

-100.0%

54.00M

YoY Growth

Other Non-operating Income (expense)

YoY Growth

-142.00M

-249.5%

YoY Growth

-249.5%

95.00M

+763.6%

YoY Growth

+763.6%

11.00M

+320.0%

YoY Growth

+320.0%

-5.00M

-120.8%

YoY Growth

-120.8%

24.00M

YoY Growth

Interest Inc.(Exp.),Net-Non-Op., Total

404.02M

+212.5%

YoY Growth

+212.5%

-359.00M

-1096.7%

YoY Growth

-1096.7%

-30.00M

YoY Growth

Pre-tax Income

YoY Growth

-4.34B

-590.5%

YoY Growth

-590.5%

884.00M

+3.3%

YoY Growth

+3.3%

856.00M

-23.4%

YoY Growth

-23.4%

1.12B

+25.1%

YoY Growth

+25.1%

894.00M

YoY Growth

Other, Net

-125.02M

-1061.7%

YoY Growth

-1061.7%

13.00M

+172.2%

YoY Growth

+172.2%

-18.00M

YoY Growth

Net Income Before Taxes

1.09B

+192.1%

YoY Growth

+192.1%

-1.18B

-5.6%

YoY Growth

-5.6%

-1.12B

YoY Growth

Net Income Common Stockholders

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-34.5%

YoY Growth

-34.5%

1.00B

+21.3%

YoY Growth

+21.3%

826.00M

YoY Growth

Net Income Including Non-Controlling Interests

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-33.7%

YoY Growth

-33.7%

990.00M

+26.6%

YoY Growth

+26.6%

782.00M

YoY Growth

Net Income from Continuing Operations

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-33.7%

YoY Growth

-33.7%

990.00M

+26.6%

YoY Growth

+26.6%

782.00M

YoY Growth

Noncontrolling Interests

YoY Growth

-100.0%

YoY Growth

-100.0%

12.00M

-72.7%

YoY Growth

-72.7%

44.00M

YoY Growth

Provision for Income Taxes

236.00M

+436.4%

YoY Growth

+436.4%

44.00M

0.0%

YoY Growth

0.0%

44.00M

-35.3%

YoY Growth

-35.3%

68.00M

-44.3%

YoY Growth

-44.3%

122.00M

-39.0%

YoY Growth

-39.0%

200.00M

+56.3%

YoY Growth

+56.3%

128.00M

+14.3%

YoY Growth

+14.3%

112.00M

YoY Growth

Diluted NI Available to Com Stockholders

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-34.5%

YoY Growth

-34.5%

1.00B

+21.3%

YoY Growth

+21.3%

826.00M

YoY Growth

Net Income After Taxes

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

YoY Growth

Basic EPS

YoY Growth

-28

-652.3%

YoY Growth

-652.3%

5.07

+13.2%

YoY Growth

+13.2%

4.48

-34.2%

YoY Growth

-34.2%

6.81

+21.0%

YoY Growth

+21.0%

5.63

YoY Growth

Net Income Before Extra. Items

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

YoY Growth

Diluted EPS

YoY Growth

-28

-655.6%

YoY Growth

-655.6%

5.04

+13.3%

YoY Growth

+13.3%

4.45

-34.0%

YoY Growth

-34.0%

6.74

+21.2%

YoY Growth

+21.2%

5.56

YoY Growth

Net Income

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

+73.6%

YoY Growth

+73.6%

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-34.5%

YoY Growth

-34.5%

1.00B

+21.3%

YoY Growth

+21.3%

826.00M

YoY Growth

Weighted Average Shares (basic)

YoY Growth

157.00M

+4.7%

YoY Growth

+4.7%

150.00M

+2.0%

YoY Growth

+2.0%

147.00M

0.0%

YoY Growth

0.0%

147.00M

0.0%

YoY Growth

0.0%

147.00M

YoY Growth

Income Available to Com Excl ExtraOrd

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

YoY Growth

Weighted Average Shares (diluted)

YoY Growth

157.00M

+4.0%

YoY Growth

+4.0%

151.00M

+2.0%

YoY Growth

+2.0%

148.00M

-0.7%

YoY Growth

-0.7%

149.00M

0.0%

YoY Growth

0.0%

149.00M

YoY Growth

Income Available to Com Incl ExtraOrd

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

YoY Growth

Total Operating Income as Reported

YoY Growth

-4.18B

-3297.6%

YoY Growth

-3297.6%

-123.00M

-121.2%

YoY Growth

-121.2%

580.00M

-41.1%

YoY Growth

-41.1%

985.00M

+11.6%

YoY Growth

+11.6%

883.00M

YoY Growth

Diluted Net Income

850.00M

+169.5%

YoY Growth

+169.5%

-1.22B

-5.3%

YoY Growth

-5.3%

-1.16B

YoY Growth

Total Expenses

YoY Growth

4.23B

-9.0%

YoY Growth

-9.0%

4.65B

+74.8%

YoY Growth

+74.8%

2.66B

+3.9%

YoY Growth

+3.9%

2.56B

+4.4%

YoY Growth

+4.4%

2.45B

YoY Growth

Diluted Weighted Average Shares

156.00M

-1.9%

YoY Growth

-1.9%

159.00M

+0.6%

YoY Growth

+0.6%

158.00M

YoY Growth

Net Income from Continuing and Discontinued Operation

YoY Growth

-4.40B

-678.0%

YoY Growth

-678.0%

762.00M

+16.2%

YoY Growth

+16.2%

656.00M

-34.5%

YoY Growth

-34.5%

1.00B

+21.3%

YoY Growth

+21.3%

826.00M

YoY Growth

Diluted EPS Excluding ExtraOrd Items

5.449

+170.8%

YoY Growth

+170.8%

-7.692

-4.7%

YoY Growth

-4.7%

-7.348

YoY Growth

Normalized Income

YoY Growth

-822.93M

-972.6%

YoY Growth

-972.6%

-76.73M

-117.2%

YoY Growth

-117.2%

446.61M

-50.4%

YoY Growth

-50.4%

900.17M

+9.0%

YoY Growth

+9.0%

826.00M

YoY Growth

Diluted Normalized EPS

5.71

+461.3%

YoY Growth

+461.3%

-1.58

+51.2%

YoY Growth

+51.2%

-3.238

YoY Growth

Interest Income

YoY Growth

11.00M

YoY Growth

-100.0%

YoY Growth

-100.0%

41.00M

-45.3%

YoY Growth

-45.3%

75.00M

+70.5%

YoY Growth

+70.5%

44.00M

YoY Growth

Unusual Expense (Income)

52.00M

-96.5%

YoY Growth

-96.5%

1.49B

+50.5%

YoY Growth

+50.5%

993.00M

YoY Growth

Interest Expense

YoY Growth

26.00M

-57.4%

YoY Growth

-57.4%

61.00M

+24.5%

YoY Growth

+24.5%

49.00M

-5.8%

YoY Growth

-5.8%

52.00M

-8.8%

YoY Growth

-8.8%

57.00M

YoY Growth

Net Interest Income

YoY Growth

-15.00M

+75.4%

YoY Growth

+75.4%

-61.00M

-662.5%

YoY Growth

-662.5%

-8.00M

-134.8%

YoY Growth

-134.8%

23.00M

+276.9%

YoY Growth

+276.9%

-13.00M

YoY Growth

EBIT

YoY Growth

-4.31B

-556.1%

YoY Growth

-556.1%

945.00M

+4.4%

YoY Growth

+4.4%

905.00M

-22.6%

YoY Growth

-22.6%

1.17B

+23.0%

YoY Growth

+23.0%

951.00M

YoY Growth

EBITDA

YoY Growth

-3.92B

-427.4%

YoY Growth

-427.4%

1.20B

+9.5%

YoY Growth

+9.5%

1.09B

-19.6%

YoY Growth

-19.6%

1.36B

+20.2%

YoY Growth

+20.2%

1.13B

YoY Growth

Reconciled Cost of Revenue

YoY Growth

1.61B

+17.5%

YoY Growth

+17.5%

1.37B

+32.4%

YoY Growth

+32.4%

1.04B

-3.7%

YoY Growth

-3.7%

1.08B

+4.2%

YoY Growth

+4.2%

1.03B

YoY Growth

Reconciled Depreciation

YoY Growth

394.00M

+57.0%

YoY Growth

+57.0%

251.00M

+34.2%

YoY Growth

+34.2%

187.00M

-0.5%

YoY Growth

-0.5%

188.00M

+5.0%

YoY Growth

+5.0%

179.00M

YoY Growth

Values in USDShowing 8 of 8 periods

Illumina key figures by fiscal year

	FY2025	FY2024	FY2023	FY2022	FY2021
Revenue	$4.3B	$4.4B	$4.5B	$4.6B	$4.5B
Gross profit	$2.9B	$2.9B	$2.7B	$3.0B	$3.2B
Operating income	$807.0M	-$833.0M	-$1.1B	$354.0M	-$123.0M
Net income	$850.0M	-$1.2B	-$1.2B	-$4.4B	$762.0M
Diluted EPS	–	–	–	-$28.00	$5.04
Total assets	$6.6B	$6.3B	$10.1B	$12.3B	$15.2B
Total liabilities	$3.9B	$3.9B	$4.4B	$5.7B	$4.5B
Shareholders' equity	$2.7B	$2.4B	$5.7B	$6.6B	$10.7B
Cash	–	–	–	$2.0B	$1.2B
Total debt	$2.0B	$2.0B	$1.5B	$3.6B	$2.5B
Operating cash flow	$1.1B	$837.0M	$478.0M	$392.0M	$545.0M
Capital spending	–	–	–	$286.0M	$208.0M
Free cash flow	–	–	–	$106.0M	$337.0M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2018.

Questions and answers

What was Illumina's revenue in fiscal year 2025?

$4.34 billion, down 0.7% from $4.37 billion in fiscal year 2024.

How much profit does Illumina make?

Illumina reported net income of $850.00 million for fiscal year 2025 (19.6% of revenue); operating income was $807.00 million.

How much cash and debt does Illumina have?

At the end of fiscal year 2025: total debt of $1.99 billion.

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.