Stock Analysis on Net

Illumina Inc. (NASDAQ:ILMN)

This company has been moved to the archive! The financial data has not been updated since November 5, 2021.

Income Statement
Quarterly Data

Illumina Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 29, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019 Dec 30, 2018 Sep 30, 2018 Jul 1, 2018 Apr 1, 2018 Dec 31, 2017 Oct 1, 2017 Jul 2, 2017 Apr 2, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016
Product revenue 978 972 953 831 676 527 701 812 746 704 667 738 710 673 628 659 596 543 491 526 514 510 483
Service and other revenue 130 154 140 122 118 106 158 140 161 134 179 130 143 157 154 119 118 119 107 94 93 90 89
Revenue 1,108 1,126 1,093 953 794 633 859 952 907 838 846 868 853 830 782 778 714 662 598 619 607 600 572
Cost of product revenue (264) (254) (265) (253) (209) (152) (174) (229) (195) (196) (182) (199) (184) (181) (174) (172) (173) (168) (166) (151) (132) (125) (125)
Cost of service and other revenue (56) (63) (58) (63) (52) (46) (59) (55) (55) (59) (71) (71) (62) (65) (62) (55) (50) (50) (53) (38) (38) (41) (39)
Amortization of acquired intangible assets (18) (7) (6) (7) (7) (7) (7) (6) (9) (10) (9) (8) (10) (9) (8) (9) (9) (10) (11) (11) (11) (11) (10)
Cost of revenue (338) (324) (329) (323) (268) (205) (240) (290) (259) (265) (262) (278) (256) (255) (244) (236) (232) (228) (230) (200) (181) (176) (175)
Gross profit 770 802 764 630 526 428 619 662 648 573 584 590 597 575 538 542 482 434 368 419 426 424 397
Research and development (436) (202) (197) (199) (172) (155) (156) (161) (151) (166) (169) (176) (159) (151) (137) (137) (134) (130) (145) (130) (126) (125) (124)
Selling, general and administrative (879) (413) (374) (298) (192) (177) (274) (233) (189) (202) (211) (217) (197) (197) (183) (175) (167) (169) (163) (147) (140) (149) (150)
Legal contingencies 8 (8) 11 (2)
Operating expense (1,315) (615) (571) (497) (364) (332) (430) (394) (340) (368) (380) (393) (356) (348) (320) (312) (301) (291) (316) (276) (265) (262) (276)
Income (loss) from operations (545) 187 193 133 162 96 189 268 308 205 204 197 241 227 218 230 181 143 52 143 161 162 121
Interest income 1 15 5 7 14 16 16 20 23 14 14 11 5 6 4 5 4 3 2 3 1
Interest expense (14) (16) (19) (16) (11) (11) (11) (11) (11) (15) (15) (20) (15) (11) (11) (11) (10) (8) (8) (8) (8) (8) (9)
Other income (expense), net 979 36 (6) 166 59 73 (14) (4) (43) 136 21 18 (8) 5 9 (1) 1 455 (4) 1
Other income (expense), net 965 20 (24) 165 53 69 (11) 1 (38) 141 29 12 (9) 5 3 (6) (6) (2) 451 (9) (6) (5) (6)
Income before income taxes 420 207 169 298 215 165 178 269 270 346 233 209 232 232 221 224 175 141 503 134 154 157 116
Provision for income taxes (103) (22) (22) (41) (36) (118) (5) (30) (36) (53) (9) (12) (44) (32) (24) (166) (23) (21) (155) (27) (37) (41) (28)
Consolidated net income 317 185 147 257 179 47 173 239 234 293 224 197 188 200 197 58 152 120 348 108 117 116 87
Net loss attributable to noncontrolling interests 3 9 13 11 9 11 10 11 8 19 16 12 4 2
Net income attributable to Illumina stockholders 317 185 147 257 179 47 173 239 234 296 233 210 199 209 208 68 163 128 367 124 129 120 90

Based on: 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-29), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-30), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-07-01), 10-Q (reporting date: 2018-04-01), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-10-01), 10-Q (reporting date: 2017-07-02), 10-Q (reporting date: 2017-04-02), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Illumina Inc. revenue increased from Q1 2021 to Q2 2021 but then slightly decreased from Q2 2021 to Q3 2021 not reaching Q1 2021 level.
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Illumina Inc. income (loss) from operations decreased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Illumina Inc. income before income taxes increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Net income attributable to Illumina stockholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Illumina Inc. net income attributable to Illumina stockholders increased from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.