# Illumina, Inc. (ILMN) FY2024 Annual P&L / Income Statement - Company: Illumina, Inc. (ILMN) - Period: 2024-01-01 to 2024-12-29 - Filing: FY2024 10-K, filed 2025-02-12, accession number 0001110803-25-000019 - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service (3 categories) Income statement for 2024-01-01 through 2024-12-29. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Service and other revenue**: 716,000,000 US dollars - **Consumables**: 3,155,000,000 US dollars - **Instruments**: 501,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-revenue-by-business-segment-sankey.png Income statement for 2024-01-01 through 2024-12-29. View: Business segment (Schedule of Disaggregation of Revenue). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Sequencing**: 3,993,000,000 US dollars - **Microarray**: 379,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment (2) - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement/revenue-by-business-segment-2 - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-revenue-by-business-segment-2-sankey.png Income statement for 2024-01-01 through 2024-12-29. View: Business segment (Schedule of Operating Performance and Assets by Segment). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Core Illumina**: 4,332,000,000 US dollars - **GRAIL, Inc.**: 55,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars - **Revenue before reconciliation (calculated)**: 4,387,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Components above reported revenue (calculated)**: negative 15,000,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Product and Service (2 categories) - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-01-01 through 2024-12-29. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Product revenue**: 3,656,000,000 US dollars - **Service revenue**: 716,000,000 US dollars - **Product cost of revenue**: 1,017,000,000 US dollars - **Service cost of revenue**: 367,000,000 US dollars - **Amortization of acquired intangible assets**: 127,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-revenue-by-geography-sankey.png Income statement for 2024-01-01 through 2024-12-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Americas**: 2,441,000,000 US dollars - **Europe**: 1,185,000,000 US dollars - **CHINA**: 308,000,000 US dollars - **Asia-Pacific, Middle East and Africa**: 438,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment by Product and Service - Page: https://plicit.ai/financials/ilmn/fy2024-annual-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/ilmn-fy2024-annual-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-12-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 4,372,000,000 US dollars - **Total cost of revenue**: 1,511,000,000 US dollars - **Gross profit**: 2,861,000,000 US dollars - **Total operating expense**: 3,694,000,000 US dollars - **Loss from operations**: negative 833,000,000 US dollars - **Total other expense, net**: negative 346,000,000 US dollars - **Total loss before income taxes**: negative 1,179,000,000 US dollars - **Provision for income taxes**: 44,000,000 US dollars - **Net loss**: negative 1,223,000,000 US dollars - **Microarray - Consumables**: 297,000,000 US dollars - **Microarray - Instruments**: 17,000,000 US dollars - **Microarray - Service**: 65,000,000 US dollars - **Sequencing - Consumables**: 2,858,000,000 US dollars - **Sequencing - Instruments**: 484,000,000 US dollars - **Sequencing - Service**: 651,000,000 US dollars - **Selling, general and administrative**: 1,092,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Research and development**: 1,169,000,000 US dollars - **Legal contingency and settlement**: negative 456,000,000 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.