Illumina Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $4.34B | $4.37B | $4.50B | $4.53B | $3.24B | — | $3.54B |
| Cost of Revenue | — | $1.47B | $1.51B | $1.76B | $1.37B | $1.04B | — | $1.08B |
| Gross Profit | — | $2.87B | $2.86B | $2.74B | $3.15B | $2.20B | — | $2.47B |
| Gross Margin | — | 66.1% | 65.4% | 60.9% | 69.7% | 68.0% | — | 69.6% |
| Operating Expenses | ||||||||
| Research & Development | — | $967.0M | $1.17B | $1.35B | $1.19B | $682.0M | — | $647.0M |
| SG&A Expense | — | $1.09B | $1.09B | $1.61B | $2.09B | $941.0M | — | $835.0M |
| Operating Income | — | $807.0M | $-833.0M | $-1.07B | $-123.0M | $580.0M | — | $985.0M |
| Operating Margin | — | 18.6% | -19.1% | -23.7% | -2.7% | 17.9% | — | 27.8% |
| Interest Expense | — | — | — | $77.0M | $61.0M | $49.0M | — | $52.0M |
| Pretax Income | — | $1.09B | $-1.18B | $-1.12B | $884.0M | $856.0M | — | $1.12B |
| Income Tax Expense | — | $236.0M | $44.0M | $44.0M | $122.0M | $200.0M | — | $128.0M |
| Net Income | — | $850.0M | $-1.22B | $-1.16B | $762.0M | $656.0M | — | $1.00B |
| Net Margin | — | 19.6% | -28.0% | -25.8% | 16.8% | 20.3% | — | 28.3% |
| EPS (Basic) | — | $5.47 | $-7.69 | $-7.34 | $5.07 | $4.48 | — | $6.81 |
| EPS (Diluted) | — | $5.45 | $-7.69 | $-7.34 | $5.04 | $4.45 | — | $6.74 |
| Shares Outstanding (Basic) | 152.9M | 155.0M | 159.0M | 158.0M | 150.0M | 147.0M | 147.0M | 147.0M |
| Shares Outstanding (Diluted) | 152.9M | 156.0M | 159.0M | 158.0M | 151.0M | 148.0M | 147.0M | 149.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |