ILLUMINA INC

For the period ended Dec 29, 2024. Filed Feb 12, 2025.

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.

FY2024 · Filed Feb 12, 2025

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 29,2024	December 31,2023	January 1,2023
Revenue:
Product revenue	$3,656	$3,787	$3,953
Service and other revenue	716	717	631
Total revenue	4,372	4,504	4,584
Cost of revenue:
Cost of product revenue	1,017	1,177	1,144
Cost of service and other revenue	367	392	295
Amortization of acquired intangible assets	127	191	173
Total cost of revenue	1,511	1,760	1,612
Gross profit	2,861	2,744	2,972
Operating expense:
Research and development	1,169	1,354	1,321
Selling, general and administrative	1,092	1,612	1,297
Goodwill and intangible impairment	1,889	827	3,914
Legal contingency and settlement	(456)	20	619
Total operating expense	3,694	3,813	7,151
Loss from operations	(833)	(1,069)	(4,179)
Other income (expense):
Interest income	46	58	11
Interest expense	(100)	(77)	(26)
Other expense, net	(292)	(29)	(142)
Total other expense, net	(346)	(48)	(157)
Loss before income taxes	(1,179)	(1,117)	(4,336)
Provision for income taxes	44	44	68
Net loss	$(1,223)	$(1,161)	$(4,404)
Loss per share:
Basic	$(7.69)	$(7.34)	$(28.00)
Diluted	$(7.69)	$(7.34)	$(28.00)
Shares used in computing loss per share:
Basic	159	158	157
Diluted	159	158	157

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.