Illumina, Inc. (ILMN) FY2024 Annual P&L / Income Statement

Illumina, Inc. (ILMN) FY2024 Annual P&L / Income Statement

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.