Illumina, Inc. (ILMN) quarterly income statement — complete revenue, gross profit & net income 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 |
|---|
| Sales/Revenue | 1.09B | 1.16B | 1.08B | 1.06B | 1.04B | 1.1B | 1.08B | 1.11B | 1.08B | 1.12B | 1.12B | 1.18B | 1.09B | 1.08B | 1.11B | 1.16B | 1.22B | 1.2B | 1.11B | 1.13B |
| Revenue Growth % | 4.8% | 5.07% | 0.28% | -4.95% | -3.25% | -1.6% | -3.49% | -5.44% | -1.01% | 3.6% | 0.36% | 1.2% | -11.12% | -9.67% | 0.63% | 3.2% | 11.89% | 25.81% | 39.55% | 77.88% |
| Cost of Goods Sold | 370M | 382M | 351M | 340M | 356M | 376M | 335M | 391M | 409M | 448M | 435M | 444M | 432M | 411M | 398M | 395M | 408M | 382M | 338M | 324M |
| COGS % of Revenue | 33.91% | 32.93% | 32.41% | 32.17% | 34.2% | 34.06% | 31.02% | 35.16% | 38.01% | 39.93% | 38.87% | 37.76% | 39.74% | 37.95% | 35.7% | 33.99% | 33.36% | 31.86% | 30.51% | 28.77% |
| Gross Profit | 721M | 778M | 732M | 717M | 685M | 728M | 745M | 721M | 667M | 674M | 684M | 732M | 655M | 672M | 717M | 767M | 815M | 817M | 770M | 802M |
| Gross Margin % | 66.09% | 67.07% | 67.59% | 67.83% | 65.8% | 65.94% | 68.98% | 64.84% | 61.99% | 60.07% | 61.13% | 62.24% | 60.26% | 62.05% | 64.3% | 66.01% | 66.64% | 68.14% | 69.49% | 71.23% |
| Gross Profit Growth % | 5.26% | 6.87% | -1.75% | -0.55% | 2.7% | 8.01% | 8.92% | -1.5% | 1.83% | 0.3% | -4.6% | -4.56% | -19.63% | -17.75% | -6.88% | -4.36% | 6.68% | 29.68% | 46.39% | 87.38% |
| Operating Expenses | 512M | 521M | 501M | 495M | 501M | 526M | 4M | 2.36B | 778M | 838M | 1.44B | 820M | 719M | 799M | 4.37B | 1.35B | 631M | 776M | 1.31B | 615M |
| OpEx % of Revenue | 46.93% | 44.91% | 46.26% | 46.83% | 48.13% | 47.64% | 0.37% | 212.05% | 72.3% | 74.69% | 128.51% | 69.73% | 66.15% | 73.78% | 392.29% | 115.83% | 51.59% | 64.72% | 118.68% | 54.62% |
| Selling, General & Admin | 272M | 283M | 273M | 252M | 260M | 271M | 239M | 147M | 439M | 485M | 303M | 462M | 378M | 432M | 146M | 410M | 308M | 426M | 879M | 413M |
| SG&A % of Revenue | 24.93% | 24.4% | 25.21% | 23.84% | 24.98% | 24.55% | 22.13% | 13.22% | 40.8% | 43.23% | 27.08% | 39.29% | 34.77% | 39.89% | 13.09% | 35.28% | 25.18% | 35.53% | 79.33% | 36.68% |
| Research & Development | 240M | 238M | 228M | 243M | 241M | 255M | 253M | 325M | 338M | 341M | 315M | 358M | 341M | 346M | 325M | 327M | 323M | 350M | 436M | 202M |
| R&D % of Revenue | 22% | 20.52% | 21.05% | 22.99% | 23.15% | 23.1% | 23.43% | 29.23% | 31.41% | 30.39% | 28.15% | 30.44% | 31.37% | 31.95% | 29.15% | 28.14% | 26.41% | 29.19% | 39.35% | 17.94% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 |
| Operating Income | 209M | 257M | 231M | 222M | 184M | 202M | 741M | -1.64B | -111M | -164M | -754M | -88M | -64M | -127M | -3.66B | -579M | 184M | 41M | -545M | 187M |
| Operating Margin % | 19.16% | 22.16% | 21.33% | 21% | 17.68% | 18.3% | 68.61% | -147.21% | -10.32% | -14.62% | -67.38% | -7.48% | -5.89% | -11.73% | -327.98% | -49.83% | 15.04% | 3.42% | -49.19% | 16.61% |
| Operating Income Growth % | 13.59% | 27.23% | -68.83% | 113.56% | 265.77% | 223.17% | 198.28% | -1760.23% | -73.44% | -29.13% | 79.38% | 84.8% | -134.78% | -409.76% | -571.01% | -409.63% | -4.66% | -69.17% | -436.42% | 94.79% |
| EBITDA | 209M | 324M | 298M | 290M | 253M | 273M | 811M | -1.53B | -3M | -55M | -646M | 20M | 43M | -21M | -3.55B | -485M | 275M | 130M | -480M | 236M |
| EBITDA Margin % | 19.16% | 27.93% | 27.52% | 27.44% | 24.3% | 24.73% | 75.09% | -137.77% | -0.28% | -4.9% | -57.73% | 1.7% | 3.96% | -1.94% | -318.74% | -41.74% | 22.49% | 10.84% | -43.32% | 20.96% |
| EBITDA Growth % | -17.39% | 18.68% | -63.26% | 118.93% | 8533.33% | 596.36% | 225.54% | -7760% | -106.98% | -161.9% | 81.82% | 104.12% | -84.36% | -116.15% | -640.42% | -305.51% | 14.11% | -28.96% | -329.67% | 66.2% |
| D&A (Non-Cash Add-back) | 0 | 67M | 67M | 68M | 69M | 71M | 70M | 105M | 108M | 109M | 108M | 108M | 107M | 106M | 103M | 94M | 91M | 89M | 65M | 49M |
| EBIT | 209M | 257M | 231M | 222M | 184M | 212M | 756M | -1.96B | -91M | -149M | -763M | -70M | -58M | -159M | -3.67B | -631M | 146M | 99M | 434M | 223M |
| Net Interest Income | 0 | -16M | -16M | -15M | -14M | -15M | -25M | -7M | -6M | -7M | -6M | -2M | -3M | -2M | -3M | -5M | -6M | -13M | -14M | -16M |
| Interest Income | 0 | 10M | 9M | 10M | 11M | 10M | 11M | 13M | 12M | 11M | 13M | 17M | 17M | 7M | 3M | 1M | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 26M | 25M | 25M | 25M | 25M | 36M | 20M | 18M | 18M | 19M | 19M | 20M | 9M | 6M | 6M | 6M | 13M | 14M | 16M |
| Other Income/Expense | -52M | 121M | -11M | 84M | -2M | -14M | -21M | -339M | 2M | -3M | -28M | -1M | -14M | -41M | -15M | -58M | -44M | 45M | 965M | 20M |
| Pretax Income | 157M | 378M | 220M | 306M | 182M | 188M | 720M | -1.98B | -109M | -167M | -782M | -89M | -78M | -168M | -3.67B | -637M | 140M | 86M | 420M | 207M |
| Pretax Margin % | 14.39% | 32.59% | 20.31% | 28.95% | 17.48% | 17.03% | 66.67% | -177.7% | -10.13% | -14.88% | -69.88% | -7.57% | -7.18% | -15.51% | -329.33% | -54.82% | 11.45% | 7.17% | 37.91% | 18.38% |
| Income Tax | 23M | 44M | 70M | 71M | 51M | 1M | 15M | 12M | 17M | 8M | -28M | 145M | -81M | -29M | 144M | -102M | 54M | -26M | 103M | 22M |
| Effective Tax Rate % | 14.65% | 11.64% | 31.82% | 23.2% | 28.02% | 0.53% | 2.08% | -0.61% | -15.6% | -4.79% | 3.58% | -162.92% | 103.85% | 17.26% | -3.92% | 16.01% | 38.57% | -30.23% | 24.52% | 10.63% |
| Net Income | 134M | 334M | 150M | 235M | 131M | 187M | 705M | -1.99B | -126M | -175M | -754M | -234M | 3M | -139M | -3.82B | -535M | 86M | 112M | 317M | 185M |
| Net Margin % | 12.28% | 28.79% | 13.85% | 22.23% | 12.58% | 16.94% | 65.28% | -178.78% | -11.71% | -15.6% | -67.38% | -19.9% | 0.28% | -12.83% | -342.24% | -46.04% | 7.03% | 9.34% | 28.61% | 16.43% |
| Net Income Growth % | 2.29% | 78.61% | -78.72% | 111.82% | 203.97% | 206.86% | 193.5% | -749.57% | -4300% | -25.9% | 80.24% | 56.26% | -96.51% | -224.11% | -1303.79% | -389.19% | -41.5% | -56.42% | 77.09% | 293.62% |
| Net Income (Continuing) | 134M | 334M | 150M | 235M | 131M | 187M | 705M | -1.99B | -126M | -175M | -754M | -234M | 3M | -139M | -3.82B | -535M | 86M | 112M | 317M | 185M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.87 | 2.17 | 0.97 | 1.50 | 0.82 | 1.17 | 4.41 | -12.50 | -0.79 | -1.11 | -4.77 | -1.48 | 0.02 | -0.88 | -24.31 | -3.41 | 0.54 | 0.71 | 2.07 | 1.26 |
| EPS Growth % | 6.1% | 85.47% | -78% | 112% | 203.8% | 205.41% | 192.45% | -744.59% | -4257.89% | -26.14% | 80.38% | 56.6% | -96.48% | -223.94% | -1274.4% | -370.63% | -46% | -59.39% | 71.07% | 293.75% |
| EPS (Basic) | 0.88 | 2.18 | 0.98 | 1.50 | 0.82 | 1.18 | 4.43 | -12.50 | -0.79 | -1.11 | -4.77 | -1.48 | 0.02 | -0.88 | -24.31 | -3.41 | 0.55 | 0.71 | 2.09 | 1.27 |
| Diluted Shares Outstanding | 154M | 154M | 154M | 157M | 159M | 160M | 160M | 159M | 159M | 159M | 158M | 158M | 158M | 158M | 157M | 157M | 159M | 157M | 153M | 147M |
| Basic Shares Outstanding | 153M | 153M | 153M | 157M | 159M | 159M | 159M | 159M | 159M | 159M | 158M | 158M | 158M | 158M | 157M | 157M | 157M | 157M | 152M | 146M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |