ILLUMINA INC

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

ILMN$214.91-2.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(In millions, except per share amounts)

	Three Months Ended		Six Months Ended
	June 30,2024	July 2,2023	June 30,2024	July 2,2023
Revenue:
Product revenue	$927	$1,001	$1,803	$1,923
Service and other revenue	185	175	385	340
Total revenue	1,112	1,176	2,188	2,263
Cost of revenue:
Cost of product revenue	250	305	504	591
Cost of service and other revenue	95	91	202	190
Amortization of acquired intangible assets	46	48	94	96
Total cost of revenue	391	444	800	877
Gross profit	721	732	1,388	1,386
Operating expense:
Research and development	325	358	660	699
Selling, general and administrative	147	462	588	839
Goodwill and intangible impairment	1,886	—	1,889	—
Total operating expense	2,358	820	3,137	1,538
Loss from operations	(1,637)	(88)	(1,749)	(152)
Other income (expense):
Interest income	13	17	25	34
Interest expense	(20)	(19)	(39)	(39)
Other (expense) income, net	(332)	1	(323)	(10)
Total other expense, net	(339)	(1)	(337)	(15)
Loss before income taxes	(1,976)	(89)	(2,086)	(167)
Provision for income taxes	12	145	28	64
Net loss	$(1,988)	$(234)	$(2,114)	$(231)
Loss per share:
Basic	$(12.48)	$(1.48)	$(13.28)	$(1.46)
Diluted	$(12.48)	$(1.48)	$(13.28)	$(1.46)
Shares used in computing loss per share:
Basic	159	158	159	158
Diluted	159	158	159	158

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.