ILLUMINA, INC.
For the period ended Sep 28, 2025. Filed Oct 31, 2025.
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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.
Sep 28, 2025 · Filed Oct 31, 2025
ILMN$214.91-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended | ||
|---|---|---|
| September 28,2025 | September 29,2024 | |
| Cash flows from operating activities: | ||
| Net income (loss) | $516 | $(1,410) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation expense | 153 | 170 |
| Amortization of intangible assets | 51 | 113 |
| Share-based compensation expense | 212 | 291 |
| Deferred income taxes | 82 | (161) |
| Net (gains) losses on strategic investments | (137) | 342 |
| Change in fair value of contingent consideration liabilities | (29) | (304) |
| Goodwill and intangible impairment | 23 | 1,889 |
| Property and equipment and right-of-use asset impairment | 4 | 32 |
| Gain on Helix contingent value right | — | (15) |
| Other | 18 | 11 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 13 | 20 |
| Inventory | (43) | (9) |
| Prepaid expenses and other current assets | (1) | (11) |
| Operating lease right-of-use assets and liabilities, net | (25) | (21) |
| Other assets | (13) | (14) |
| Accounts payable | (13) | (35) |
| Accrued liabilities | (69) | (406) |
| Other long-term liabilities | 16 | (9) |
| Net cash provided by operating activities | 758 | 473 |
| Cash flows from investing activities: | ||
| Net purchases of property and equipment | (93) | (99) |
| Net purchases of strategic investments | (63) | (33) |
| Cash paid for acquisitions and intangible assets, net of cash required | (7) | (81) |
| Cash received for Helix contingent value right | — | 83 |
| Net cash used in investing activities | (163) | (130) |
| Cash flows from financing activities: | ||
| Common stock repurchases | (700) | (99) |
| Taxes paid related to net share settlement of equity awards | (24) | (2) |
| Proceeds from issuance of common stock | 44 | 56 |
| Payments on contingent consideration liabilities | (1) | (1) |
| Proceeds from debt, net of issuance costs | — | 1,241 |
| Payments on debt obligations | — | (750) |
| GRAIL cash deconsolidated as a result of spin-off | — | (968) |
| Net cash used in financing activities | (681) | (523) |
| Effect of exchange rate changes on cash and cash equivalents | 9 | 1 |
| Net decrease in cash and cash equivalents | (77) | (179) |
| Cash and cash equivalents at beginning of period | 1,127 | 1,048 |
| Cash and cash equivalents at end of period | $1,050 | $869 |
| Supplemental cash flow information: | ||
| GRAIL net assets, excluding cash and cash equivalents, deconsolidated as a result of spin-off | $— | $1,770 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.