Illumina

US · ILMN #539 by market cap Listed 1970

267.76 -5.78 -2.11%

Live - 5344 symbols - heartbeat 106s ago · 2026-10-08 06:30

Pre-market 265.02 -1.02%

After-hours 267.81 +0.02%

Overnight 266.31 -0.54%

Market cap: 40.43B
P/E (TTM): 49.96
P/B: 14.25
EPS: 5.45
Div yield: 0.00%
52W pos: 81%

Reader sentiment Are you bullish or bearish on ILMN?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Good

Altman Z-Score is 7.47, above the 3.0 "safe zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year -0.66% YoY

Margins

Gross margin: 66.08%
Operating margin: 18.81%
Net margin: 19.57%

Key ratios & quality

Enterprise value: 40.87B
Altman Z-Score: 7.47

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2021	2022	2022	2023	2024	2025
Revenue	3.33B	3.54B	3.24B	4.53B	4.58B	4.50B	4.37B	4.34B
Gross profit	2.30B	2.47B	2.20B	3.15B	2.97B	2.74B	2.86B	2.87B
Selling & admin expenses	794.00M	835.00M	941.00M	2.09B	1.30B	1.61B	1.09B	1.09B
Research & development	623.00M	647.00M	682.00M	1.19B	1.32B	1.35B	1.17B	967.00M
Operating profit	883.00M	985.00M	580.00M	-123.00M	354.00M	-222.00M	600.00M	817.00M
Pretax profit	894.00M	1.12B	856.00M	884.00M	-4.34B	-1.12B	-1.18B	1.09B
Tax	112.00M	128.00M	200.00M	122.00M	68.00M	44.00M	44.00M	236.00M
Net profit	782.00M	990.00M	656.00M	762.00M	-4.40B	-1.16B	-1.22B	850.00M
Basic EPS	6	7	4	5	-28	-7	-8	5
Diluted EPS	5.56	6.74	4.45	5.04	-28.00	-7.34	-7.69	5.45

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	1.04B	1.06B	1.08B	1.16B	1.09B	1.16B
Gross profit	683.00M	695.00M	733.00M	759.00M	721.00M	770.00M
Selling & admin expenses	267.00M	234.00M	277.00M	309.00M	272.00M	273.00M
Research & development	252.00M	247.00M	229.00M	239.00M	240.00M	252.00M
Operating profit	164.00M	214.00M	227.00M	211.00M	209.00M	245.00M
Pretax profit	182.00M	306.00M	220.00M	377.00M	157.00M	260.00M
Tax	51.00M	71.00M	70.00M	43.00M	23.00M	53.00M
Net profit	131.00M	235.00M	150.00M	334.00M	134.00M	207.00M
Basic EPS	1	1	1	2	1	1
Diluted EPS	0.82	1.49	0.98	2.16	0.87	1.35

Balance sheet

Line item	2018	2019	2021	2022	2022	2023	2024	2025
Total current assets	4.49B	4.45B	4.48B	2.71B	3.56B	2.61B	2.75B	3.29B
Cash & ST investments	3.51B	3.41B	3.47B	1.34B	2.04B	1.05B	1.22B	1.63B
Inventory	386.00M	359.00M	372.00M	431.00M	568.00M	587.00M	547.00M	564.00M
Total assets	6.96B	7.32B	7.59B	15.22B	12.25B	10.11B	6.30B	6.64B
Total current liabilities	1.80B	665.00M	1.24B	1.09B	2.77B	1.57B	1.55B	1.59B
Short-term debt	1.11B	45.00M	562.00M	71.00M	1.32B	86.00M	578.00M	577.00M
Long-term debt	890.00M	1.14B	673.00M	1.70B	1.49B	1.49B	1.49B	1.49B
Total liabilities	3,114,000,000.00	2,703,000,000.00	2,891,000,000.00	4,477,000,000.00	5,653,000,000.00	4,366,000,000.00	3,930,000,000.00	3,921,000,000.00
Total equity	3.85B	4.61B	4.69B	10.74B	6.60B	5.75B	2.37B	2.72B
Retained earnings	3.08B	4.07B	4.72B	5.49B	1.14B	-19.00M	-1.24B	-392.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	2.67B	2.64B	2.80B	3.29B	2.74B	2.83B
Cash & ST investments	1.24B	1.16B	1.28B	1.63B	1.16B	1.17B
Inventory	537.00M	575.00M	590.00M	564.00M	611.00M	629.00M
Total assets	6.18B	6.09B	6.18B	6.64B	6.56B	6.65B
Total current liabilities	1.44B	1.46B	1.96B	1.59B	1.57B	1.58B
Short-term debt	577.00M	578.00M	1.08B	577.00M	579.00M	582.00M
Long-term debt	1.49B	1.49B	994.00M	1.49B	1.49B	1.49B
Total liabilities	3,814,000,000.00	3,829,000,000.00	3,796,000,000.00	3,921,000,000.00	3,883,000,000.00	3,812,000,000.00
Total equity	2.37B	2.26B	2.38B	2.72B	2.68B	2.84B
Retained earnings	-1.11B	-876.00M	-726.00M	-392.00M	-258.00M	-51.00M

Cash flow

Line item	2018	2019	2021	2022	2022	2023	2024	2025
Operating cash flow	1.14B	1.05B	1.08B	545.00M	392.00M	478.00M	837.00M	1.08B
Depreciation & amortization	179.00M	188.00M	187.00M	251.00M	394.00M	432.00M	354.00M	270.00M
Free cash flow	846.00M	842.00M	891.00M	337.00M	106.00M	283.00M	709.00M	931.00M
Dividends paid	--	--	--	--	--	--	--	--
Stock buybacks / issuance	-155.00M	-265.00M	-675.00M	60.00M	63.00M	67.00M	-60.00M	-698.00M
Ending cash balance	1.14B	2.04B	1.81B	1.23B	2.01B	1.05B	1.13B	1.42B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	240.00M	234.00M	284.00M	321.00M	289.00M	201.00M
Depreciation & amortization	69.00M	68.00M	67.00M	66.00M	69.00M	70.00M
Free cash flow	208.00M	204.00M	253.00M	266.00M	251.00M	161.00M
Dividends paid	--	--	--	--	--	--
Stock buybacks / issuance	-173.00M	-369.00M	-114.00M	-42.00M	-218.00M	-128.00M
Ending cash balance	1.11B	934.00M	1.05B	1.42B	1.09B	1.04B

Returns & efficiency

Line item	2018	2019	2021	2022	2022	2023	2024	2025
ROE %	25.39	23.94	14.10	9.87	-50.80	-18.81	-30.13	33.36
ROA %	13.52	14.04	8.80	6.68	-32.07	-10.38	-14.90	13.13
ROIC %	17.02	16.03	10.11	8.20	-37.49	-12.62	-18.16	17.48
5-year avg ROE %	25.73	25.80	23.04	20.52	4.50	-4.34	-15.15	-11.30
EBIT margin %	28.53	33.02	27.94	20.88	-94.02	-23.09	-24.68	27.33
FCF / sales %	25.38	23.77	27.51	7.45	--	6.26	16.22	21.44
Current ratio	2.49	6.69	3.60	2.48	1.28	1.66	1.78	2.08
Quick ratio	2.23	6.00	3.18	1.82	0.98	1.14	1.26	1.57
Debt / assets	28.70	25.71	25.13	16.69	29.02	22.37	41.60	38.43
LT debt / equity	23.68	39.80	28.63	22.99	33.81	37.88	86.14	72.57
Interest coverage	16.68	22.50	18.47	15.49	-165.77	-13.51	-10.79	11.75
Revenue CAGR (3Y) %	14.51	13.90	5.58	10.74	8.97	11.62	-1.15	-1.78
Net income CAGR (3Y) %	21.37	29.35	-3.32	-2.65	--	--	--	--
FCF CAGR (3Y) %	9.58	18.34	16.54	-26.42	-49.88	-31.77	28.14	106.32

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	-23.85	68.06	31.20	33.36	33.82	32.34
ROA %	-11.91	20.66	11.53	13.13	13.39	12.94
ROIC %	-14.12	28.64	15.38	17.48	17.68	17.08
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	-18.01	35.15	23.23	27.33	26.43	24.77
FCF / sales %	20.04	23.90	23.32	21.44	22.17	20.72
Current ratio	1.86	1.81	1.43	2.08	1.75	1.80
Quick ratio	1.34	1.27	1.02	1.57	1.21	1.22
Debt / assets	42.17	42.68	41.70	38.43	38.79	38.00
LT debt / equity	85.73	89.46	63.00	72.57	73.43	68.53
Interest coverage	-7.30	13.57	9.96	11.75	11.61	11.36
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Consumables is the largest reported line at 73.51% of revenue, across 3 reported segments.
The next-largest line, Service and other revenue, is a distant second at 15.27% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Consumables73.51%

Service and other revenue15.27%

Instruments11.22%

Quote time 2026-10-08 06:30:28 · For reference only, not investment advice and not tailored to your situation.