ILLUMINA, INC.

For the period ended Jun 29, 2025. Filed Aug 1, 2025.

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 29, 2025 · Filed Aug 1, 2025

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

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(In millions, except per share amounts)

	Three Months Ended		Six Months Ended
	June 29,2025	June 30,2024	June 29,2025	June 30,2024
Revenue:
Product revenue	$912	$927	$1,793	$1,803
Service and other revenue	147	185	307	385
Total revenue	1,059	1,112	2,100	2,188
Cost of revenue:
Cost of product revenue	276	250	529	504
Cost of service and other revenue	71	95	160	202
Amortization of acquired intangible assets	17	46	33	94
Total cost of revenue	364	391	722	800
Gross profit	695	721	1,378	1,388
Operating expense:
Research and development	247	325	499	660
Selling, general and administrative	234	147	501	588
Goodwill and intangible impairment	—	1,886	—	1,889
Total operating expense	481	2,358	1,000	3,137
Income (loss) from operations	214	(1,637)	378	(1,749)
Other income (expense):
Interest income	10	13	21	25
Interest expense	(25)	(20)	(50)	(39)
Other income (expense), net	107	(332)	139	(323)
Total other income (expense), net	92	(339)	110	(337)
Income (loss) before income taxes	306	(1,976)	488	(2,086)
Provision for income taxes	71	12	122	28
Net income (loss)	$235	$(1,988)	$366	$(2,114)
Earnings (loss) per share:
Basic	$1.49	$(12.48)	$2.32	$(13.28)
Diluted	$1.49	$(12.48)	$2.31	$(13.28)
Shares used in computing earnings (loss) per share:
Basic	157	159	158	159
Diluted	157	159	158	159

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.