# Illumina, Inc. (ILMN) FY2024 YTD Q3 P&L / Income Statement - Company: Illumina, Inc. (ILMN) - Period: 2024-01-01 to 2024-09-29 - Filing: Q3 FY2024 10-Q, filed 2024-11-06, accession number 0001110803-24-000052 - Page: https://plicit.ai/financials/ilmn/fy2024-ytd-q3-income-statement - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-income-statement-sankey.png ## Chart details: Revenue by Product and Service (3 categories) Income statement for 2024-01-01 through 2024-09-29. View: Product and service (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Service and other revenue**: 550,000,000 US dollars - **Consumables**: 2,376,000,000 US dollars - **Instruments**: 342,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 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 categories) - Page: https://plicit.ai/financials/ilmn/fy2024-ytd-q3-income-statement/revenue-by-business-segment-2-categories - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-revenue-by-business-segment-2-categories-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Business segment (2 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Sequencing**: 2,989,000,000 US dollars - **Microarray**: 279,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 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 (3 categories) - Page: https://plicit.ai/financials/ilmn/fy2024-ytd-q3-income-statement/revenue-by-business-segment-3-categories - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-revenue-by-business-segment-3-categories-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Business segment (3 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Core Illumina**: 3,228,000,000 US dollars - **GRAIL, Inc.**: 55,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 US dollars - **Revenue before reconciliation (calculated)**: 3,283,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Eliminations**: negative 15,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Core Illumina costs (calculated)**: 1,930,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **GRAIL, Inc. costs (calculated)**: 2,360,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: negative 14,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### 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-ytd-q3-income-statement/revenue-by-product-and-service-2-categories - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-revenue-by-product-and-service-2-categories-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Product and service (2 categories). Revenue and costs use their disclosed categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Product revenue**: 2,718,000,000 US dollars - **Service revenue**: 550,000,000 US dollars - **Product cost of revenue**: 739,000,000 US dollars - **Service cost of revenue**: 286,000,000 US dollars - **Amortization of acquired intangible assets**: 110,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 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-ytd-q3-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-revenue-by-geography-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Americas**: 1,852,000,000 US dollars - **Europe**: 859,000,000 US dollars - **CHINA**: 228,000,000 US dollars - **Asia-Pacific, Middle East, and Africa**: 329,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 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-ytd-q3-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/ilmn-fy2024-ytd-q3-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2024-01-01 through 2024-09-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total revenue**: 3,268,000,000 US dollars - **Total cost of revenue**: 1,135,000,000 US dollars - **Gross profit**: 2,133,000,000 US dollars - **Total operating expense**: 3,141,000,000 US dollars - **Income (loss) from operations**: negative 1,008,000,000 US dollars - **Total other expense, net**: negative 358,000,000 US dollars - **Income (loss) before income taxes**: negative 1,366,000,000 US dollars - **Provision (benefit) for income taxes**: 44,000,000 US dollars - **Net income (loss)**: negative 1,410,000,000 US dollars - **Microarray - Consumables**: 216,000,000 US dollars - **Microarray - Instruments**: 12,000,000 US dollars - **Microarray - Service**: 51,000,000 US dollars - **Sequencing - Consumables**: 2,160,000,000 US dollars - **Sequencing - Instruments**: 330,000,000 US dollars - **Sequencing - Service**: 499,000,000 US dollars - **Research and development**: 913,000,000 US dollars - **Selling, general and administrative**: 813,000,000 US dollars - **Legal contingency and settlement**: negative 474,000,000 US dollars - **Goodwill and intangible impairment**: 1,889,000,000 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.