ILMN financial statements

The full income statement, balance sheet, and cash-flow statement for Illumina Inc. (ILMN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 159.3M2024-09 158.6M2024-12 158.4M2025-03 158.3M2025-06 153.7M2025-09 152.8M2025-12 152.9M2026-03 151.3M2026-06 151.0M-5.2% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Income Statement	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
Revenue	4.34B YoY-0.7%	4.37B YoY-2.9%	4.50B YoY-1.7%	4.58B YoY+1.3%	4.53B YoY+39.7%	3.24B YoY-8.6%
	2.87B YoY+0.3%	2.86B YoY+4.3%	2.74B YoY-7.7%	2.97B YoY-5.8%	3.15B YoY+43.2%	2.20B YoY-10.7%
Cost of revenue	1.47B YoY-2.5%	1.51B YoY-14.1%	1.76B YoY+9.2%	1.61B YoY+17.5%	1.37B YoY+32.4%	1.04B YoY-3.7%
	2.06B YoY-44.2%	3.69B YoY-3.1%	3.81B YoY-46.7%	7.15B YoY+118.2%	3.28B YoY+101.9%	1.62B YoY+9.5%
Research & development	967M YoY-17.3%	1.17B YoY-13.7%	1.35B YoY+2.5%	1.32B YoY+11.5%	1.19B YoY+73.8%	682M YoY+5.4%
Selling, general & administrative	1.09B YoY-0.5%	1.09B YoY-32.3%	1.61B YoY+24.3%	1.30B YoY-38.0%	2.09B YoY+122.3%	941M YoY+12.7%
Restructuring	47.0M YoY+193.8%	16.0M YoY-69.2%	52.0M	—	—	—
Amortization of intangibles	67.0M YoY-48.5%	130M YoY-34.0%	197M YoY+10.1%	179M YoY+138.7%	75.0M YoY+141.9%	31.0M YoY-16.2%
Operating income	807M YoY+196.9%	-833M YoY+22.1%	-1.07B YoY+74.4%	-4.18B YoY-3297.6%	-123M YoY-121.2%	580M YoY-41.1%
Interest expense	101M YoY+1.0%	100M YoY+29.9%	77.0M YoY+196.2%	26.0M YoY-57.4%	61.0M YoY+24.5%	49.0M YoY-5.8%
Interest & investment income	40.0M YoY-13.0%	46.0M YoY-20.7%	58.0M YoY+427.3%	11.0M	0.00 YoY-100.0%	41.0M YoY-45.3%
Other non-operating income	340M YoY+216.4%	-292M YoY-906.9%	-29.0M YoY+79.6%	-142M YoY-113.3%	1.07B YoY+276.1%	284M YoY+158.2%
Gain (loss) on equity securities	315M YoY+201.6%	-310M YoY-15400.0%	-2.00M YoY+97.5%	-81.0M YoY-318.9%	37.0M YoY-86.3%	270M YoY+409.4%
Pre-tax income	1.09B YoY+192.1%	-1.18B YoY-5.6%	-1.12B YoY+74.2%	-4.34B YoY-590.5%	884M YoY+3.3%	856M YoY-23.4%
Income tax	236M YoY+436.4%	44.0M YoY+0.0%	44.0M YoY-35.3%	68.0M YoY-44.3%	122M YoY-39.0%	200M YoY+56.3%
	850M YoY+169.5%	-1.22B YoY-5.3%	-1.16B YoY+73.6%	-4.40B YoY-678.0%	762M YoY+16.2%	656M YoY-34.5%
Net income to non-controlling interest	—	—	—	—	0.00	0.00 YoY+100.0%
	$5.45 YoY+170.9%	-$7.69 YoY-4.8%	-$7.34 YoY+73.8%	-$28.00 YoY-655.6%	$5.04 YoY+13.3%	$4.45 YoY-34.0%
EPS (basic)	$5.47 YoY+171.1%	-$7.69 YoY-4.8%	-$7.34 YoY+73.8%	-$28.00 YoY-652.3%	$5.07 YoY+13.2%	$4.48 YoY-34.2%
	155M YoY-2.5%	159M YoY+0.6%	158M YoY+0.6%	157M YoY+4.7%	150M YoY+2.0%	147M YoY+0.0%
	156M YoY-1.9%	159M YoY+0.6%	158M YoY+0.6%	157M YoY+4.0%	151M YoY+2.0%	148M YoY-0.7%
Balance Sheet	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
	3.29B YoY+19.8%	2.75B YoY+5.3%	2.61B YoY-26.7%	3.56B YoY+31.3%	2.71B YoY-39.5%	4.48B YoY+0.7%
Cash & equivalents	1.42B YoY+25.8%	1.13B YoY+7.5%	1.05B YoY-47.9%	2.01B YoY+63.2%	1.23B YoY-31.9%	1.81B YoY-11.4%
Short-term investments	215M YoY+131.2%	93.0M YoY+1450.0%	6.00M YoY-76.9%	26.0M YoY-75.7%	107M YoY-93.6%	1.66B YoY+21.1%
Accounts receivable	854M YoY+16.2%	735M YoY+0.1%	734M YoY+9.4%	671M YoY+3.5%	648M YoY+33.1%	487M YoY-15.0%
Inventory	564M YoY+3.1%	547M YoY-6.8%	587M YoY+3.3%	568M YoY+31.8%	431M YoY+15.9%	372M YoY+3.6%
Prepaid expenses	238M YoY-2.5%	244M YoY+4.3%	234M YoY-17.9%	285M YoY-3.4%	295M YoY+94.1%	152M YoY+44.8%
	6.64B YoY+5.4%	6.30B YoY-37.7%	10.1B YoY-17.5%	12.3B YoY-19.5%	15.2B YoY+100.6%	7.58B YoY+3.7%
Property, plant & equipment	759M YoY-6.9%	815M YoY-19.1%	1.01B YoY-7.7%	1.09B YoY+6.5%	1.02B YoY+11.1%	922M YoY+3.7%
Operating lease right-of-use	370M YoY-11.7%	419M YoY-23.0%	544M YoY-16.7%	653M YoY-2.8%	672M YoY+26.3%	532M YoY-4.1%
Goodwill	1.11B YoY+0.0%	1.11B YoY-56.3%	2.54B YoY-21.4%	3.24B YoY-54.5%	7.11B YoY+693.0%	897M YoY+0.0%
Intangible assets	210M YoY-28.8%	295M YoY-90.1%	2.99B YoY-8.9%	3.29B YoY+1.1%	3.25B YoY+2188.7%	142M YoY-2.1%
Deferred tax assets	454M YoY-19.9%	567M YoY+912.5%	56.0M	—	—	20.0M YoY-68.8%
Other non-current assets	449M YoY+29.0%	348M YoY-2.5%	357M YoY-15.6%	423M YoY-4.9%	445M YoY-26.9%	609M YoY+57.0%
	1.58B YoY+2.5%	1.55B YoY-1.5%	1.57B YoY-43.4%	2.77B YoY+153.7%	1.09B YoY-12.1%	1.24B YoY+87.1%
Accounts payable	240M YoY+8.6%	221M YoY-9.8%	245M YoY-16.4%	293M YoY-11.7%	332M YoY+72.9%	192M YoY+28.9%
Accrued liabilities	846M YoY+2.3%	827M YoY-37.6%	1.32B YoY+7.5%	1.23B YoY+61.9%	761M YoY+40.7%	541M YoY+4.8%
Deferred revenue	270M YoY+3.8%	260M YoY+3.2%	252M YoY+2.9%	245M YoY+4.7%	234M YoY+25.8%	186M YoY+11.4%
Short-term & current debt	—	—	—	—	0.00 YoY-100.0%	511M
Current lease liability	78.0M YoY-1.3%	79.0M YoY-8.1%	86.0M YoY+13.2%	76.0M YoY+7.0%	71.0M YoY+39.2%	51.0M YoY+13.3%
Long-term debt	—	—	—	—	—	673M YoY-41.0%
Non-current lease liability	486M YoY-12.3%	554M YoY-19.4%	687M YoY-7.7%	744M YoY-3.9%	774M YoY+15.4%	671M YoY-3.5%
Operating lease liability (total)	564M YoY-10.9%	633M YoY-18.1%	773M YoY-5.7%	820M YoY-3.0%	845M YoY+17.0%	722M YoY-2.4%
Other non-current liabilities	360M YoY+6.2%	339M YoY-45.3%	620M YoY-4.5%	649M YoY-29.1%	915M YoY+202.0%	303M YoY+50.0%
	2.72B YoY+14.7%	2.37B YoY-58.7%	5.75B YoY-12.9%	6.60B YoY-38.6%	10.7B YoY+128.8%	4.69B YoY+1.8%
Preferred stock	0.00	0.00	0.00	0.00	0.00	0.00
Common stock	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%	2.00M YoY+0.0%
Additional paid-in capital	7.82B YoY+3.9%	7.53B YoY-21.2%	9.55B YoY+3.8%	9.21B YoY+3.0%	8.94B YoY+134.3%	3.81B YoY+7.2%
Retained earnings	-392M YoY+68.4%	-1.24B YoY-6436.8%	-19.0M YoY-101.7%	1.14B YoY-79.2%	5.49B YoY+16.1%	4.72B YoY+16.1%
Treasury stock	4.70B YoY+19.4%	3.93B YoY+3.7%	3.79B YoY+1.0%	3.75B YoY+1.4%	3.70B YoY-3.8%	3.85B YoY+27.4%
Accumulated other comprehensive income	-10.0M YoY-145.5%	22.0M YoY+2300.0%	-1.00M YoY-133.3%	3.00M YoY-82.4%	17.0M YoY+750.0%	2.00M YoY-60.0%
Total equity incl. non-controlling	—	—	5.75B YoY-12.9%	6.60B YoY-38.6%	10.7B YoY+128.8%	4.69B YoY+1.8%
Total liabilities & equity	6.64B YoY+5.4%	6.30B YoY-37.7%	10.1B YoY-17.5%	12.3B YoY-19.5%	15.2B YoY+100.6%	7.58B YoY+3.7%
	201M YoY+0.5%	200M YoY+0.5%	199M YoY+0.5%	198M YoY+0.5%	197M YoY+1.0%	195M YoY+0.5%
	153M YoY-3.8%	159M YoY+0.0%	159M YoY+0.6%	158M YoY+0.6%	157M YoY+7.5%	146M YoY-0.7%
	153M YoY-3.5%	158M YoY-0.3%	159M YoY+0.6%	158M YoY+0.6%	157M YoY+7.6%	146M YoY-0.7%
Cash Flow	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
	1.08B YoY+28.9%	837M YoY+75.1%	478M YoY+21.9%	392M YoY-28.1%	545M YoY-49.5%	1.08B YoY+2.8%
Depreciation & amortization	270M YoY-23.7%	354M YoY-18.1%	432M YoY+9.6%	394M YoY+57.0%	251M YoY+34.2%	187M YoY-0.5%
Intangible amortization	67.0M YoY-48.5%	130M YoY-34.0%	197M YoY+10.1%	179M YoY+138.7%	75.0M YoY+141.9%	31.0M YoY-16.2%
Share-based compensation	275M YoY-25.7%	370M YoY-2.6%	380M YoY+3.8%	366M YoY-51.5%	754M YoY+288.7%	194M YoY+0.0%
Deferred income taxes	119M YoY+201.7%	-117M YoY-244.1%	-34.0M YoY-47.8%	-23.0M YoY+69.7%	-76.0M YoY-165.0%	117M YoY+2240.0%
Change in receivables	108M YoY+332.0%	25.0M YoY-37.5%	40.0M YoY+233.3%	12.0M YoY-92.7%	164M YoY+284.3%	-89.0M YoY-253.4%
Change in inventory	17.0M YoY+189.5%	-19.0M YoY-195.0%	20.0M YoY-85.2%	135M YoY+132.8%	58.0M YoY+383.3%	12.0M YoY+148.0%
Change in payables	2.00M YoY+150.0%	-4.00M YoY+90.9%	-44.0M YoY-15.8%	-38.0M YoY-163.3%	60.0M YoY+50.0%	40.0M YoY+214.3%
	-55.0M YoY+69.1%	-178M YoY+22.9%	-231M YoY+60.9%	-591M YoY+44.7%	-1.07B YoY-93.0%	-554M YoY-174.4%
Capital expenditure	148M YoY+15.6%	128M YoY-34.4%	195M YoY-31.8%	286M YoY+37.5%	208M YoY+10.1%	189M YoY-9.6%
Free cash flow	931M YoY+31.3%	709M YoY+150.5%	283M YoY+167.0%	106M YoY-68.5%	337M YoY-62.2%	891M YoY+5.8%
Acquisitions	10.0M YoY-87.7%	81.0M YoY+170.0%	30.0M YoY-88.7%	265M YoY-89.2%	2.44B YoY+2393.9%	98.0M
Sales/maturities of investments	—	—	0.00	0.00 YoY-100.0%	331M YoY-32.9%	493M YoY-64.5%
	-744M YoY-30.5%	-570M YoY+52.9%	-1.21B YoY-221.0%	1.00B YoY+2060.8%	-51.0M YoY+93.3%	-766M YoY+14.6%
Long-term debt issued	495M YoY-60.1%	1.24B	0.00 YoY-100.0%	991M YoY+0.3%	988M	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00	0.00
Common stock issued	44.0M YoY-21.4%	56.0M YoY-16.4%	67.0M YoY+6.3%	63.0M YoY+5.0%	60.0M YoY-1.6%	61.0M YoY+3.4%
Common stock repurchased	742M YoY+539.7%	116M	0.00	0.00	0.00 YoY-100.0%	736M YoY+127.2%
Dividends paid	0.00	0.00	0.00	0.00	0.00	0.00
FX effect on cash	11.0M YoY+210.0%	-10.0M	0.00 YoY+100.0%	-22.0M YoY-633.3%	-3.00M YoY-137.5%	8.00M YoY+900.0%
Net change in cash	291M YoY+268.4%	79.0M YoY+108.2%	-963M YoY-223.6%	779M YoY+234.8%	-578M YoY-149.1%	-232M YoY-125.8%
Interest paid	95.0M YoY+14.5%	83.0M YoY+13.7%	73.0M YoY+329.4%	17.0M YoY+88.9%	9.00M	—
Income taxes paid	73.0M YoY-30.5%	105M YoY+61.5%	65.0M YoY-46.7%	122M YoY-47.6%	233M YoY+95.8%	119M YoY-27.4%
Valuation Ratios	as ofDec 28 ’25	as ofDec 29 ’24	as ofDec 31 ’23	as ofJan 1 ’23	as ofJan 2 ’22	as ofJan 3 ’21
Market cap	20.6B YoY-3.9%	21.5B YoY-0.3%	21.5B YoY-30.5%	30.9B YoY-46.5%	57.8B YoY+10.1%	52.5B YoY+10.6%
P/E	29.4×	—	—	—	63.8× YoY-22.5%	82.4× YoY+68.7%
P/S	4.8× YoY-1.6%	4.9× YoY+1.4%	4.8× YoY-26.8%	6.6× YoY-51.3%	13.5× YoY-16.7%	16.2× YoY+18.1%
P/B	8.7× YoY-14.2%	10.1× YoY+176.8%	3.6× YoY-20.7%	4.6× YoY-15.8%	5.5× YoY-51.2%	11.2× YoY+4.4%
P/FCF	20.6× YoY-47.4%	39.2× YoY-69.2%	127.3× YoY+6.5%	119.5× YoY-3.1%	123.3× YoY+119.0%	56.3× YoY-18.1%
	3.4%	—	—	—	1.6% YoY+29.0%	1.2% YoY-40.7%
	4.8% YoY+90.2%	2.5% YoY+224.5%	0.79% YoY-6.1%	0.84% YoY+3.2%	0.81% YoY-54.3%	1.8% YoY+22.1%
Source filing	10-K	10-K	10-K	10-K	10-K	10-K

About this data

Source: ILMN's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ILMN filings on SEC EDGAR → Not investment advice.