Illumina, Inc. (ILMN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 289M | 321M | 284M | 234M | 240M | 364M | 316M | 80M | 77M | 223M | 139M | 105M | 10M | 147M | -52M | 125M | 172M | 282M | -272M | 253M |
| Operating CF Margin % | 26.49% | 27.67% | 26.22% | 22.14% | 23.05% | 32.97% | 29.26% | 7.19% | 7.16% | 19.88% | 12.42% | 8.93% | 0.92% | 13.57% | -4.66% | 10.76% | 14.06% | 23.52% | -24.55% | 22.47% |
| Operating CF Growth % | 20.42% | -11.81% | -10.13% | 192.5% | 211.69% | 63.23% | 127.34% | -23.81% | 670% | 51.7% | 367.31% | -16% | -94.19% | -47.87% | 80.88% | -50.59% | -39.01% | -30.54% | -277.78% | 5.42% |
| Net Income | 134M | 334M | 150M | -131M | 131M | 187M | 704M | -1.99B | -126M | -176M | -3.82B | -234M | 3M | -139M | -3.82B | -535M | 86M | 112M | 317M | 186M |
| Depreciation & Amortization | 0 | 67M | 67M | -69M | 69M | 71M | 70M | 105M | 108M | 107M | 108M | 108M | 107M | 106M | 103M | 94M | 91M | 89M | 65M | 49M |
| Stock-Based Compensation | 0 | 0 | 70M | -73M | 73M | 79M | 83M | 112M | 96M | 94M | 87M | 106M | 93M | 100M | 83M | 91M | 92M | 98M | 509M | 80M |
| Deferred Taxes | 0 | 37M | 41M | -16M | 16M | 49M | 19M | -156M | -24M | 9M | 9M | 53M | -17M | 0 | -6M | -13M | -21M | 5M | 75M | -77M |
| Other Non-Cash Items | 155M | -99M | 12M | 519M | -45M | -24M | -504M | 1.93B | 49M | 111M | 3.75B | 46M | -186M | 107M | 3.71B | 83M | -11M | -37M | -977M | -17M |
| Working Capital Changes | 0 | -18M | -56M | 4M | -4M | 2M | -56M | 82M | -26M | 78M | 1M | 26M | 10M | -27M | -122M | 405M | -65M | 15M | -261M | 32M |
| Change in Receivables | 0 | -121M | -36M | -46M | 46M | -45M | -72M | -18M | 90M | -9M | 47M | -79M | 1M | -25M | 12M | -30M | 31M | -39M | -64M | -22M |
| Change in Inventory | 0 | 26M | -15M | -10M | 10M | 28M | -4M | 0 | 4M | 27M | 2M | -31M | -18M | -8M | -41M | -52M | -34M | -31M | -18M | -17M |
| Change in Payables | 0 | 15M | 13M | 15M | -15M | 31M | 30M | 7M | -37M | 6M | -6M | 2M | -46M | 0 | 1M | -13M | -39M | 88M | -40M | 20M |
| Cash from Investing | -366M | 108M | -51M | -49M | -63M | -48M | -41M | -41M | -48M | -85M | -54M | -37M | -56M | -102M | -250M | -165M | -74M | 0 | -2.45B | 3M |
| Capital Expenditures | -38M | -58M | -31M | -30M | -32M | -29M | -32M | -31M | -36M | -51M | -45M | -47M | -52M | -88M | -66M | -71M | -61M | -70M | -52M | -44M |
| CapEx % of Revenue | 3.48% | 5% | 2.86% | 2.84% | 3.07% | 2.63% | 2.96% | 2.79% | 3.35% | 4.55% | 4.02% | 4% | 4.78% | 8.13% | 5.92% | 6.11% | 4.99% | 5.84% | 4.69% | 3.91% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | -81M | 0 | 0 | -29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.36B | -132M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -328M | 0 | 0 | -43M | -7M | 0 | 83M | 0 | 0 | 0 | -1M | 18M | -1M | -14M | -180M | -85M | 0 | 0 | -2.4B | 0 |
| Cash from Financing | -251M | -63M | -115M | -371M | -195M | -47M | -332M | -226M | 35M | -26M | -707M | -3M | -473M | 956M | 28M | -5M | 21M | -129M | -394M | -496M |
| Debt Issued (Net) | 0 | -5M | 0 | 0 | 0 | 1.24B | -253M | 744M | 0 | 0 | -734M | 0 | -500M | 0 | 0 | 0 | 0 | 0 | 0 | -490M |
| Equity Issued (Net) | 0 | -42M | -114M | -369M | -173M | -17M | -79M | -1M | 36M | -26M | 30M | 0 | 37M | -35M | 30M | 0 | 33M | 1M | 28M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -42M | -130M | -370M | -200M | -17M | -99M | -1M | 0 | -26M | 0 | 0 | 0 | -35M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -251M | -16M | -1M | -2M | -22M | -1.27B | 0 | -969M | -1M | 0 | -3M | -3M | -10M | 991M | -2M | -5M | -12M | -130M | -422M | -6M |
| Net Change in Cash | -329M | 368M | 116M | -179M | -14M | 258M | -51M | -188M | 60M | 121M | -626M | 59M | -517M | 1.01B | -289M | -62M | 119M | 152M | -3.12B | -237M |
| Free Cash Flow | 251M | 267M | 260M | 211M | 201M | 335M | 284M | 49M | 41M | 172M | 94M | 58M | -42M | 59M | -298M | 54M | 111M | 212M | -324M | 209M |
| FCF Margin % | 23.01% | 23.02% | 24.01% | 19.96% | 19.31% | 30.34% | 26.3% | 4.41% | 3.81% | 15.33% | 8.4% | 4.93% | -3.86% | 5.45% | -26.73% | 4.65% | 9.08% | 17.68% | -29.24% | 18.56% |
| FCF Growth % | 24.88% | -20.3% | -8.45% | 330.61% | 390.24% | 94.77% | 202.13% | -15.52% | 197.62% | 191.53% | 131.54% | 7.41% | -137.84% | -72.17% | 8.02% | -74.16% | -53.75% | -38.37% | -408.57% | 3.98% |
| FCF per Share | 1.63 | 1.73 | 1.69 | 1.34 | 1.26 | 2.09 | 1.78 | 0.31 | 0.26 | 1.08 | 0.59 | 0.37 | -0.27 | 0.37 | -1.90 | 0.34 | 0.70 | 1.35 | -2.12 | 1.42 |
| FCF Conversion (FCF/Net Income) | 2.16x | 0.96x | 1.89x | 1.00x | 1.83x | 1.95x | 0.45x | -0.04x | -0.61x | -1.27x | -0.18x | -0.45x | 3.33x | -1.06x | 0.01x | -0.23x | 2.00x | 2.52x | -0.86x | 1.37x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |