← ILLUMINA, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $2.2b
$2.8b +23.98%
$3.3b +21.11%
$3.5b +6.30%
$3.2b -8.58%
$4.5b +39.73%
$4.5b 0.00%
$4.5b -0.49%
$4.4b -2.93%
$4.3b -0.66%
$4.5b +3.48%
Cost of Revenue $670.5m
$926.0m +38.11%
$1.0b +11.56%
$1.1b +4.16%
$1.0b -3.72%
$1.4b +32.43%
$1.3b -5.17%
$1.8b +35.28%
$1.5b -14.15%
$1.5b -2.51%
$1.5b +2.58%
Total cost of revenue $670.5m
$731.9m +9.17%
$1.0b +41.13%
$1.1b +4.16%
— $1.0b
$1.4b +32.43%
$1.6b +17.49%
$1.5b -6.27%
$1.5b -2.51%
—
Gross Profit $1.5b
$1.8b +17.86%
$2.3b +25.96%
$2.5b +7.26%
$2.2b -10.70%
$3.2b +43.17%
$3.2b 0.00%
$2.7b -13.00%
$2.9b +4.26%
$2.9b +0.31%
$3.0b +3.94%
Research and Development Expense — $546.0m $623.0m $647.0m $682.0m $1.2b — $1.4b $1.2b $967.0m $960.0m
Research and development $401.5m $504.4m $623.0m $647.0m — $682.0m $1.2b $1.3b $1.2b $967.0m $960.0m
Selling, General and Administrative Expense — $674.0m $794.0m $835.0m $941.0m $2.1b — $1.6b $1.1b $1.1b $1.1b
Selling, general and administrative $524.7m $583.0m $794.0m $835.0m — $941.0m $2.1b $1.3b $1.1b $1.1b $1.1b
Amortization of Intangible Assets — $46.0m $39.0m $37.0m $31.0m $75.0m — $197.0m $130.0m $67.0m —
Amortization of acquired intangible assets $45.8m $43.0m $35.0m $34.0m — $28.0m $71.0m $173.0m $127.0m $66.0m —
Operating Expenses — $1.2b $1.4b $1.5b $1.6b $3.3b — $3.8b $3.7b $2.1b $2.1b
Operating Income (Loss) $612.8m
$606.0m -1.12%
$883.0m +45.71%
$985.0m +11.55%
$580.0m -41.12%
($123.0m) -121.21%
($123.0m) 0.00%
($1.1b) -769.11%
($833.0m) +22.08%
$807.0m +196.88%
$893.0m +10.66%
Investment Income, Interest — $19.0m $44.0m $75.0m $41.0m $0 — $58.0m $46.0m $40.0m —
Interest income $5.0m $9.8m $44.0m $75.0m — $41.0m $0 $11.0m $46.0m $40.0m $38.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — — — ($2.0m) $0 $150.0m —
Gain (Loss) on Investments — — — — — $899.0m — $0 — — —
Gain (Loss) Related to Litigation Settlement — — — — — — — ($20.0m) $456.0m ($10.0m) —
Other Nonoperating Income (Expense) — $455.0m $24.0m $110.0m $284.0m $1.1b — ($29.0m) ($292.0m) $340.0m —
Nonoperating Income (Expense) — $437.0m $11.0m $133.0m $276.0m $1.0b — ($48.0m) ($346.0m) $279.0m —
Other income (expense), net ($8.2m) ($2.5m) $24.0m $110.0m — $284.0m $1.1b ($142.0m) ($292.0m) $340.0m $182.0m
Interest Expense (non-operating) $42.1m $37.0m $57.0m $52.0m $49.0m $61.0m $61.0m $77.0m $100.0m $101.0m $98.0m
Total other income (expense), net ($29.7m) ($25.9m) $11.0m $133.0m — $276.0m $1.0b ($157.0m) ($346.0m) $279.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic — $458.0m $54.0m $242.0m $313.0m ($115.0m) — ($1.7b) ($1.8b) $331.0m $1.0b
Income (loss) before income taxes $583.1m $561.2m $894.0m $1.1b — $856.0m $884.0m ($4.3b) ($1.2b) $1.1b —
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — $884.0m — ($1.1b) ($1.2b) $1.1b $1.0b
Provision for income taxes $125.8m $133.1m $112.0m $128.0m — $200.0m $122.0m $68.0m $44.0m $236.0m —
Current Income Tax Expense (Benefit) — $331.0m $130.0m $123.0m $83.0m $198.0m — $78.0m $161.0m $117.0m $191.0m
Income Tax Expense (Benefit) — $365.0m $112.0m $128.0m $200.0m $122.0m — $44.0m $44.0m $236.0m $191.0m
Net Income (Loss) Attributable to Parent $461.6m
$726.0m +57.29%
$826.0m +13.77%
$1.0b +21.31%
$656.0m -34.53%
$762.0m +16.16%
$762.0m 0.00%
($1.2b) -252.36%
($1.2b) -5.34%
$850.0m +169.50%
$824.0m -3.06%
Net Income (Loss) Attributable to Noncontrolling Interest — ($48.0m) ($44.0m) ($12.0m) $0 $0 — — — — $824.0m
Earnings Per Share, Basic $3.02 $4.69 $5.33 $6.44 $4.24 $4.80 $4.80 ($6.95) ($7.69) $5.47 $5.39
Earnings Per Share, Diluted $2.93 $4.66 $5.26 $6.38 $4.21 $4.77 $4.77 ($6.95) ($7.69) $5.45 $5.36
Basic (in shares) $144.8m $146.8m $147.0m $147.0m — $147.0m $150.0m $157.0m $159.0m $155.0m $152.0m
Diluted (in shares) $149.1m $148.0m $149.0m $149.0m — $148.0m $151.0m $157.0m $159.0m $156.0m $154.0m
Weighted Average Number of Shares Outstanding, Basic — 154.3m 155.3m 155.3m 155.3m 158.5m — 167.0m 159.0m 155.0m 152.0m
Weighted Average Number of Shares Outstanding, Diluted — 156.4m 157.5m 157.5m 156.4m 159.6m — 167.0m 159.0m 156.0m 154.0m
Additional Financial Items
Goodwill, Impairment Loss — — — — — — — $827.0m $1.5b — $0
Goodwill and intangible impairment — — — — — — $0 $827.0m $1.9b $0 —
Legal contingency and settlement — — — — — $0 $0 $619.0m ($456.0m) $10.0m —
Income (loss) from operations $612.8m
$587.0m -4.21%
$883.0m +50.42%
$985.0m +11.55%
— $580.0m
($123.0m) -121.21%
($4.2b) -3297.56%
($833.0m) +80.07%
$807.0m +196.88%
$893.0m +10.66%
Total operating expense $936.4m $1.1b $1.4b $1.5b — $1.6b $3.3b $7.2b $3.7b $2.1b $2.1b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.