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NasdaqGS · Healthcare · Financials

Illumina Inc (ILMN) financial statements and cash flow.

Revenue, profitability, balance-sheet strength, and cash generation for ILMN. Market data source · as of 2026-06-28.

Section freshness

Price Jul 31, 4:00 PM EDT · Statements Jun 27, 8:00 PM EDT

Financial read

ILMN latest financial snapshot.

Start with the latest reported values below. Deeper quarterly and annual statement tables follow when supplied.

Revenue

$1.16B

+9.4% YoY

Net income

$207.00M

+54.5% QoQ

Gross margin

66.44%

Gross profit $770.00M

Net margin

17.86%

Operating margin 21.14%

Balance sheet coverage

ILMN balance sheet summary

Assets, liabilities, liquidity, debt, and equity sit beside income and cash-flow tables so the statement history reads as one model-ready dataset.

20 quarterly · 4 annual rows · Market data source · as of 2026-06-28

Open balance sheet table

Latest period

Q2 FY2026

20 quarterly · 4 annual rows

Assets / liabilities

$6.65B

Liabilities —

Cash / debt

—

Net cash —

Equity / working capital

$2.84B

Working capital $1.26B

Financial statements

ILMN statement coverage.

Income statement, balance sheet, and cash-flow figures for ILMN, with quarterly and annual history in the tables below.

Data last updated

Jun 27, 2026

Income periods

Balance-sheet periods

Cash-flow periods

Quarterly and annual ILMN statements, sourced from Market data source · as of 2026-06-28.

Financial statement period

ILMN statement history

Market data source · as of 2026-06-28 · Data last updated: Jun 27, 2026

ProfitabilityIncome statementRevenue, expenses, margins, and income quality20 quarterly periods Capital structureBalance sheetAssets, liabilities, debt, equity, and share count20 quarterly periods Cash generationCash flowOperating cash flow, CapEx, FCF, buybacks, and dividends20 quarterly periods

Income statement

Quarterly and annual rows for revenue, operating leverage, earnings quality, and margin direction.

8 / 20 Quarterly

Period	Revenue	Gross profit	Operating income	Net income	Net margin	Revenue QoQ	Net income QoQ
Q2 FY2026	$1.16B	$770.00M	$245.00M	$207.00M	17.86%	+6.2%	+54.5%
Q1 FY2026	$1.09B	$721.00M	$209.00M	$134.00M	12.28%	-5.9%	-59.9%
Q4 FY2025	$1.16B	$759.00M	$202.00M	$334.00M	28.82%	+6.9%	+122.7%
Q3 FY2025	$1.08B	$733.00M	$227.00M	$150.00M	13.84%	+2.4%	-36.2%
Q2 FY2025	$1.06B	$695.00M	$214.00M	$235.00M	22.19%	+1.7%	+79.4%
Q1 FY2025	$1.04B	$683.00M	$164.00M	$131.00M	12.58%	-5.7%	-29.6%
Q4 FY2024	$1.10B	$728.00M	$174.00M	$186.00M	16.85%	+2.2%	-73.6%
Q3 FY2024	$1.08B	$745.00M	$741.00M	$705.00M	65.28%	-2.9%	+135.5%

Balance sheet

Balance-sheet history for assets, liabilities, liquidity, debt, equity, and shares outstanding.

8 / 20 Quarterly

Period	Current assets	Current liabilities	Total assets	Total equity
Q2 FY2026	$2.83B	$1.58B	$6.65B	$2.84B
Q1 FY2026	$2.74B	$1.57B	$6.56B	$2.68B
Q4 FY2025	$3.29B	$1.58B	$6.64B	$2.72B
Q3 FY2025	$2.80B	$1.96B	$6.18B	$2.38B
Q2 FY2025	$2.64B	$1.46B	$6.09B	$2.26B
Q1 FY2025	$2.67B	$1.44B	$6.18B	$2.37B
Q4 FY2024	$2.75B	$1.55B	$6.30B	$2.37B
Q3 FY2024	$2.37B	$975.00M	$6.01B	$2.13B

Cash flow

Operating cash generation, capital expenditure, free cash flow, buybacks, dividends, and cash movement.

8 / 20 Quarterly

Period	Operating cash flow	CapEx	Free cash flow	Net income	Buybacks	FCF QoQ
Q2 FY2026				$207.00M
Q1 FY2026				$134.00M
Q4 FY2025				$334.00M
Q3 FY2025				$150.00M
Q2 FY2025				$235.00M
Q1 FY2025				$131.00M
Q4 FY2024	$364.00M	$29.00M	$335.00M	$186.00M	$17.00M	+18.0%
Q3 FY2024	$316.00M	$32.00M	$284.00M	$705.00M	$99.00M	+479.6%

Valuation and returns

Return on equity: 29.07%; Market data source

Return on assets: 12.41%; Market data source

Ratio values use provider-attributed fields when available and otherwise fall back to TECHi statement math from the visible rows on this page.

Annual revenue and income multiples

Annual sales and income multiple reads use the latest annual statement when available, then fall back to trailing-twelve-month statement math from the visible quarterly rows.

Annual revenue base: $4.34B; Annual statement 2025-12-28

Annual income base: $850.00M; Annual statement 2025-12-28

Market cap / annual revenue: 7.15; Live market value divided by annual revenue

Market cap / annual income: 36.51; Live market value divided by annual net income

Market capitalization bridge

Market cap / annual revenue7.15

Market cap / annual income36.51

TTM valuation multiples

TTM revenue: $4.49B; Trailing twelve months

TTM EBIT: $883.00M; TTM operating income

Market cap / TTM revenue: 6.91; Live market value divided by trailing twelve months revenue

Live market value is matched against trailing-twelve-month statement bases first so the multiple moves with the tape instead of anchoring to stale fiscal-year rows.

Profit multiples

Market cap / TTM net income37.61

Revenue, net income, and free cash flow

Revenue$1.16BNet income$207.00M

Q1 FY2025Q4 FY2025Q2 FY2026

Quarterly statement rows, shown on one common dollar scale so margin compression and cash conversion stand out quickly.

Efficiency

Growth vs cost pressure

Revenue growth YoY+9.4%

Operating expense growth YoY+9.1%

Quarterly margin heatmap

Gross margin

Q1 FY2025

65.61%

Q2 FY2025

65.63%

Q3 FY2025

67.62%

Q4 FY2025

65.49%

Q1 FY2026

66.09%

Q2 FY2026

66.44%

Operating margin

Q1 FY2025

15.75%

Q2 FY2025

20.21%

Q3 FY2025

20.94%

Q4 FY2025

17.43%

Q1 FY2026

19.16%

Q2 FY2026

21.14%

Net margin

Q1 FY2025

12.58%

Q2 FY2025

22.19%

Q3 FY2025

13.84%

Q4 FY2025

28.82%

Q1 FY2026

12.28%

Q2 FY2026

17.86%

Latest quarter expense mix

Cost of revenue$389.00M

Operating expenses$525.00M

R&D$252.00M

SG&A$273.00M

Profit bridge

EBIT$245.00M

Pretax income$260.00M

Tax expense$53.00M

Other income statement lines

Income before tax$260.00M

Income tax expense$53.00M

Balance sheet · Q2 FY2026

Total equity: $2.84B

Balance sheet detail

Current assets: $2.83B

Current liabilities: $1.58B

Inventory: $629.00M

Receivables: $764.00M

Property, plant & equipment: $745.00M

Debt and liquidity

Quick ratioi0.48

Cash + short-term investments + receivables / current liabilities

Cash generation

Frequently asked

Common questions.

What financial data is available for ILMN?

The ILMN Financials page renders only the current income-statement, balance-sheet, cash-flow, or fund rows supplied for Illumina Inc. Missing modules and empty line items are omitted.

How current are ILMN's financial statements?

Each visible statement row keeps its reported period and provider attribution. The route redirects to the main quote when no usable financial or fund data remains.

What is Illumina Inc's reported net margin?

Illumina Inc's fresh reported margin field is 18.36%. The Financials page shows the supporting period data currently available for ILMN.