ILLUMINA INC

For the period ended Dec 31, 2023. Filed Feb 16, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 16, 2024

ILMN$220.78+3.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(In millions, except per share amounts)

	Years Ended
	December 31,2023	January 1,2023	January 2,2022
Revenue:
Product revenue	$3,787	$3,953	$3,968
Service and other revenue	717	631	558
Total revenue	4,504	4,584	4,526
Cost of revenue:
Cost of product revenue	1,177	1,144	1,060
Cost of service and other revenue	392	295	241
Amortization of acquired intangible assets	191	173	71
Total cost of revenue	1,760	1,612	1,372
Gross profit	2,744	2,972	3,154
Operating expense:
Research and development	1,354	1,321	1,185
Selling, general and administrative	1,612	1,297	2,092
Goodwill and intangible impairment	827	3,914	—
Legal contingency and settlement	20	619	—
Total operating expense	3,813	7,151	3,277
Loss from operations	(1,069)	(4,179)	(123)
Other income (expense):
Interest income	58	11	—
Interest expense	(77)	(26)	(61)
Other (expense) income, net	(29)	(142)	1,068
Total other (expense) income, net	(48)	(157)	1,007
(Loss) income before income taxes	(1,117)	(4,336)	884
Provision for income taxes	44	68	122
Net (loss) income	$(1,161)	$(4,404)	$762
(Loss) earnings per share:
Basic	$(7.34)	$(28.00)	$5.07
Diluted	$(7.34)	$(28.00)	$5.04
Shares used in computing (loss) earnings per share:
Basic	158	157	150
Diluted	158	157	151

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.