Illumina, Inc. (ILMN) FY2024 YTD Q3 P&L / Income Statement

Illumina, Inc. (ILMN) FY2024 YTD Q3 P&L / Income Statement

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.