ILLUMINA, INC.

For the period ended Dec 28, 2025. Filed Feb 12, 2026.

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.

FY2025 · Filed Feb 12, 2026

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

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

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Operations

(In millions, except per share amounts)

	Years Ended
	December 28,2025	December 29,2024	December 31,2023
Revenue:
Product revenue	$3,709	$3,656	$3,787
Service and other revenue	634	716	717
Total revenue	4,343	4,372	4,504
Cost of revenue:
Cost of product revenue	1,107	1,017	1,177
Cost of service and other revenue	300	367	392
Amortization of acquired intangible assets	66	127	191
Total cost of revenue	1,473	1,511	1,760
Gross profit	2,870	2,861	2,744
Operating expense:
Research and development	967	1,169	1,354
Selling, general and administrative	1,086	1,092	1,612
Goodwill and intangible impairment	—	1,889	827
Legal contingency and settlement	10	(456)	20
Total operating expense	2,063	3,694	3,813
Income (loss) from operations	807	(833)	(1,069)
Other income (expense):
Interest income	40	46	58
Interest expense	(101)	(100)	(77)
Other income (expense), net	340	(292)	(29)
Total other income (expense), net	279	(346)	(48)
Income (loss) before income taxes	1,086	(1,179)	(1,117)
Provision for income taxes	236	44	44
Net income (loss)	$850	$(1,223)	$(1,161)
Earnings (loss) per share:
Basic	$5.47	$(7.69)	$(7.34)
Diluted	$5.45	$(7.69)	$(7.34)
Shares used in computing earnings (loss) per share:
Basic	155	159	158
Diluted	156	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.