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MARKETS / NASDAQ / ILMN
NASDAQ · LABORATORY ANALYTICAL INSTRUMENTS · LARGE CAP

Illumina, Inc. ILMN

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.3B
▼ 0.7% YoY
$850.0M
$931.0M
▲ 31.3% YoY
In brief

What this company does

Illumina, Inc. provides sequencing- and array-based solutions for genetic and genomic analysis, and its products and services serve customers in research and clinical settings. Its product sales primarily consist of sequencing- and array-based instruments and consumables, including reagents, flow cells and library preparation, and it also performs various services for its customers. As of December 28, 2025, its global workforce was comprised of approximately 8,600 full time employees, 50 part time employees, and 1,430 contingent workers. Shipments to customers outside the United States totaled $2,100 million, or 48% of total consolidated revenue, in 2025. The company has one reportable segment, Core Illumina, as of December 28, 2025, following the June 24, 2024 spin-off of GRAIL into a separate, independent publicly traded company. Illumina, Inc. was incorporated in California in April 1998 and reincorporated in Delaware in July 2000.

Written from the business description in ILLUMINA, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth
USD 4.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.3 · Net income 0.8
2B4B-2B-4B2008201120142017202020232025
Compound annual growth
−1.8%
+6.0%
+6.9%
+11.0%
+6.3%
+13.6%
+4.1%
+5.8%
+13.0%
+0.7%
+13.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
20 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 18.6% · Net 19.6%
10%20%-50%2008201120142017202020232025
ROE
FY2025 · ROE 33.4%
10%20%30%-20%-40%2008201120142017202020232025

Each USD of equity produced 33 cents of profit this year.

Cash & shareholders
USD 698.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 931.0
400M800M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 698.0
250.0M500.0M2008201120142017202020232025

USD 698.0M in buybacks — 82% of the year's profit went back to shareholders.

Total assetsUSD 6.6B
EquityUSD 2.7B
CashUSD 1.4B
Current ratio2.08×

Equity funds 41% of total assets.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B4.34.44.54.64.53.23.53.32.82.42.21.91.41.11.10.90.70.6
Operating income $B0.8−0.8−1.1−4.2−0.10.61.00.90.60.60.60.50.10.20.20.20.10.1
EBITDA $B1.1−0.5−0.6−3.80.10.81.21.10.80.70.70.60.20.20.30.20.20.1
Income tax $B0.20.00.00.10.10.20.10.10.40.10.10.10.00.10.00.10.00.0
Net income $B0.8−1.2−1.2−4.40.80.71.00.80.70.50.50.40.10.20.10.10.10.0
Free cash flow $B0.90.70.30.10.30.90.80.80.60.50.60.40.30.20.30.20.10.0
EPS, diluted $5.45−7.69−7.34−28.005.044.456.745.564.923.073.102.370.901.130.620.870.530.30
Dividend / sh $··················
Payout %··················
ROE %33.4−30.1−18.8−50.89.914.123.925.429.422.927.923.68.812.67.612.18.74.9
Shares out B0.150.160.160.160.160.150.150.150.150.150.150.140.130.120.120.13··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityLaboratory Analytical Instruments
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsJanuary 3
Data on record since2008

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