ILMN Chart
About

Illumina, Inc. provides sequencing- and array-based solutions for genetic and genomic analysis in the Americas, Europe, Greater China, the Asia Pacific, the Middle East, and Africa. The company offers sequencing- and array-based instruments and consumables, which include reagents, flow cells, and library preparation; whole-genome sequencing kits, which sequence entire genomes of various size and complexity; and targeted resequencing kits, which sequence exomes, specific genes, and RNA or other genomic regions of interest. It also provides whole-genome sequencing, genotyping, noninvasive prenatal testing, and product support services. The company serves genomic research centers, academic institutions, government laboratories, and hospitals, as well as pharmaceutical, biotechnology, commercial molecular diagnostic laboratories, and consumer genomics companies. The company markets and distributes its products directly to customers, as well as through life-science distributors. Illumina, Inc. was incorporated in 1998 and is headquartered in San Diego, California.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Diagnostics & Research Market Cap 18.78B
Enterprise Value 19.71B Income 850.00M Sales 4.34B
Book/sh 17.80 Cash/sh 10.68 Dividend Yield —
Payout 0.00% Employees 8600 IPO —
P/E 22.58 Forward P/E 21.02 PEG —
P/S 4.32 P/B 6.90 P/C —
EV/EBITDA 17.31 EV/Sales 4.54 Quick Ratio 1.58
Current Ratio 2.08 Debt/Eq 93.76 LT Debt/Eq —
EPS (ttm) 5.44 EPS next Y 5.85 EPS Growth 86.40%
Revenue Growth 5.00% Earnings 2026-05-07 ROA 8.39%
ROE 33.36% ROIC — Gross Margin 68.25%
Oper. Margin 19.67% Profit Margin 19.57% Shs Outstand 152.90M
Shs Float 148.65M Short Float 8.48% Short Ratio 4.32
Short Interest — 52W High 155.53 52W Low 68.70
Beta 1.45 Avg Volume 1.96M Volume 368.70K
Target Price $136.05 Recom Buy Prev Close $122.90
Price $122.84 Change -0.04%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$136.05
Mean price target
2. Current target
$122.85
Latest analyst target
3. DCF / Fair value
$92.53
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$122.85
Low
$80.00
High
$170.00
Mean
$136.05

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-09 main Piper Sandler Overweight → Overweight $170
2026-02-06 main JP Morgan Neutral → Neutral $120
2026-01-26 main Guggenheim Buy → Buy $170
2026-01-26 main Canaccord Genuity Hold → Hold $150
2026-01-20 main Stifel Buy → Buy $155
2026-01-07 main TD Cowen Hold → Hold $140
2026-01-05 main Guggenheim Buy → Buy $144
2025-12-22 main Canaccord Genuity Hold → Hold $130
2025-12-15 main Barclays Underweight → Underweight $110
2025-12-15 main JP Morgan Neutral → Neutral $130
2025-10-31 main Barclays Underweight → Underweight $100
2025-10-31 main Canaccord Genuity Hold → Hold $112
2025-10-31 main JP Morgan Neutral → Neutral $105
2025-10-31 main TD Cowen Hold → Hold $115
2025-10-31 main UBS Neutral → Neutral $120
2025-10-31 main Baird Neutral → Neutral $109
2025-10-31 main Evercore ISI Group Outperform → Outperform $142
2025-10-07 main Evercore ISI Group Outperform → Outperform $132
2025-10-02 main Barclays Underweight → Underweight $95
2025-08-04 main Morgan Stanley Equal-Weight → Equal-Weight $105
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 1336 155216.0 — Sale at price 116.18 per share. DAVIES SCOTT M Officer — 2026-02-20 00:00:00 D
1 2370 275347.0 — Sale at price 116.18 per share. LECKMAN PATRICIA Officer — 2026-02-18 00:00:00 D
2 2283 nan — — PEGELS KEVIN CARL Officer — 2026-02-12 00:00:00 D
3 743 nan — — ERICKSEN SCOTT D Officer — 2026-02-12 00:00:00 D
4 2677 nan — — BARNARD STEVEN Chief Technology Officer — 2026-02-12 00:00:00 D
5 1028 nan — — LECKMAN PATRICIA Officer — 2026-02-12 00:00:00 D
6 1370 nan — — DAVIES SCOTT M Officer — 2026-02-12 00:00:00 D
7 13264 nan — — THAYSEN JACOB Chief Executive Officer — 2026-02-12 00:00:00 D
8 200 23562.0 — Purchase at price 117.81 per share. GOTTLIEB SCOTT Director — 2026-02-09 00:00:00 D
9 212 24938.0 — Stock Award(Grant) at price 117.63 per share. ULLEM SCOTT B Director — 2025-12-31 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-2.17M-300.93M-177.87M-951.93M
TaxRateForCalcs0.220.210.210.21
NormalizedEBITDA1.47B708.00M239.00M617.00M
TotalUnusualItems-10.00M-1.43B-847.00M-4.53B
TotalUnusualItemsExcludingGoodwill-10.00M-1.43B-847.00M-4.53B
NetIncomeFromContinuingOperationNetMinorityInterest850.00M-1.22B-1.16B-4.40B
ReconciledDepreciation270.00M354.00M432.00M394.00M
ReconciledCostOfRevenue1.47B1.51B1.76B1.61B
EBITDA1.46B-725.00M-608.00M-3.92B
EBIT1.19B-1.08B-1.04B-4.31B
NetInterestIncome-61.00M-54.00M-19.00M-15.00M
InterestExpense101.00M100.00M77.00M26.00M
InterestIncome40.00M46.00M58.00M11.00M
NormalizedIncome857.83M-90.93M-491.87M-822.93M
NetIncomeFromContinuingAndDiscontinuedOperation850.00M-1.22B-1.16B-4.40B
TotalExpenses3.53B3.77B4.73B4.23B
TotalOperatingIncomeAsReported807.00M-833.00M-1.07B-4.18B
DilutedAverageShares159.00M158.00M157.00M151.00M
BasicAverageShares159.00M158.00M157.00M150.00M
DilutedEPS-7.69-7.34-28.005.04
BasicEPS-7.69-7.34-28.005.07
DilutedNIAvailtoComStockholders850.00M-1.22B-1.16B-4.40B
NetIncomeCommonStockholders850.00M-1.22B-1.16B-4.40B
NetIncome850.00M-1.22B-1.16B-4.40B
MinorityInterests0.00
NetIncomeIncludingNoncontrollingInterests850.00M-1.22B-1.16B-4.40B
NetIncomeContinuousOperations850.00M-1.22B-1.16B-4.40B
TaxProvision236.00M44.00M44.00M68.00M
PretaxIncome1.09B-1.18B-1.12B-4.34B
OtherIncomeExpense330.00M-1.73B-876.00M-4.67B
OtherNonOperatingIncomeExpenses340.00M-292.00M-29.00M-142.00M
SpecialIncomeCharges-10.00M-1.43B-847.00M-4.53B
GainOnSaleOfBusiness0.00
OtherSpecialCharges10.00M-456.00M20.00M619.00M
ImpairmentOfCapitalAssets0.001.89B827.00M3.91B
RestructuringAndMergernAcquisition0.000.00-86.00M
GainOnSaleOfSecurity-30.00M-129.00M973.00M
NetNonOperatingInterestIncomeExpense-61.00M-54.00M-19.00M-15.00M
InterestExpenseNonOperating101.00M100.00M77.00M26.00M
InterestIncomeNonOperating40.00M46.00M58.00M11.00M
OperatingIncome817.00M600.00M-222.00M354.00M
OperatingExpense2.05B2.26B2.97B2.62B
ResearchAndDevelopment967.00M1.17B1.35B1.32B
SellingGeneralAndAdministration1.09B1.09B1.61B1.30B
GrossProfit2.87B2.86B2.74B2.97B
CostOfRevenue1.47B1.51B1.76B1.61B
TotalRevenue4.34B4.37B4.50B4.58B
OperatingRevenue4.34B4.37B4.50B4.58B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber48.00M41.00M40.00M40.00M
OrdinarySharesNumber153.00M159.00M159.00M158.00M
ShareIssued201.00M200.00M199.00M198.00M
NetDebt571.00M862.00M441.00M724.00M
TotalDebt2.55B2.62B2.26B3.56B
TangibleBookValue1.40B965.00M207.00M75.00M
InvestedCapital4.71B4.36B7.23B9.33B
WorkingCapital1.70B1.20B1.04B788.00M
NetTangibleAssets1.40B965.00M207.00M75.00M
CapitalLeaseObligations564.00M633.00M773.00M820.00M
CommonStockEquity2.72B2.37B5.75B6.60B
TotalCapitalization4.21B3.86B7.23B8.09B
TotalEquityGrossMinorityInterest2.72B2.37B5.75B6.60B
StockholdersEquity2.72B2.37B5.75B6.60B
GainsLossesNotAffectingRetainedEarnings-10.00M22.00M-1.00M3.00M
OtherEquityAdjustments-10.00M22.00M-1.00M3.00M
TreasuryStock4.70B3.93B3.79B3.75B
RetainedEarnings-392.00M-1.24B-19.00M1.14B
AdditionalPaidInCapital7.82B7.53B9.55B9.21B
CapitalStock2.00M2.00M2.00M2.00M
CommonStock2.00M2.00M2.00M2.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest3.92B3.93B4.37B5.65B
TotalNonCurrentLiabilitiesNetMinorityInterest2.34B2.38B2.80B2.88B
OtherNonCurrentLiabilities360.00M339.00M620.00M649.00M
LongTermDebtAndCapitalLeaseObligation1.98B2.04B2.18B2.23B
LongTermCapitalLeaseObligation486.00M554.00M687.00M744.00M
LongTermDebt1.49B1.49B1.49B1.49B
CurrentLiabilities1.58B1.55B1.57B2.77B
CurrentDeferredLiabilities270.00M260.00M252.00M245.00M
CurrentDeferredRevenue270.00M260.00M252.00M245.00M
CurrentDebtAndCapitalLeaseObligation577.00M578.00M86.00M1.32B
CurrentCapitalLeaseObligation78.00M79.00M86.00M76.00M
CurrentDebt499.00M499.00M1.25B
OtherCurrentBorrowings499.00M499.00M1.25B
CurrentNotesPayable500.00M0.00
PensionandOtherPostRetirementBenefitPlansCurrent249.00M252.00M223.00M188.00M
PayablesAndAccruedExpenses489.00M457.00M1.01B1.02B
CurrentAccruedExpenses142.00M135.00M685.00M626.00M
Payables347.00M322.00M324.00M390.00M
TotalTaxPayable107.00M101.00M79.00M97.00M
AccountsPayable240.00M221.00M245.00M293.00M
TotalAssets6.64B6.30B10.11B12.25B
TotalNonCurrentAssets3.35B3.56B7.50B8.69B
OtherNonCurrentAssets449.00M348.00M357.00M423.00M
NonCurrentDeferredAssets454.00M567.00M56.00M
NonCurrentDeferredTaxesAssets454.00M567.00M56.00M
GoodwillAndOtherIntangibleAssets1.32B1.41B5.54B6.52B
OtherIntangibleAssets210.00M295.00M2.99B3.29B
Goodwill1.11B1.11B2.54B3.24B
NetPPE1.13B1.23B1.55B1.74B
AccumulatedDepreciation-1.36B-1.25B-1.14B-962.00M
GrossPPE2.49B2.49B2.69B2.71B
Leases755.00M772.00M803.00M759.00M
ConstructionInProgress82.00M39.00M96.00M132.00M
OtherProperties370.00M419.00M544.00M653.00M
MachineryFurnitureEquipment1.24B1.21B1.20B1.12B
BuildingsAndImprovements44.00M44.00M44.00M44.00M
Properties0.000.000.000.00
CurrentAssets3.29B2.75B2.61B3.56B
OtherCurrentAssets238.00M244.00M234.00M285.00M
PrepaidAssets295.00M
Inventory564.00M547.00M587.00M568.00M
InventoriesAdjustmentsAllowances-133.00M-113.00M-121.00M-93.00M
FinishedGoods45.00M31.00M30.00M28.00M
WorkInProcess398.00M404.00M402.00M386.00M
RawMaterials254.00M225.00M276.00M247.00M
Receivables854.00M735.00M734.00M671.00M
AccountsReceivable854.00M735.00M734.00M671.00M
AllowanceForDoubtfulAccountsReceivable-7.00M-9.00M-7.00M-4.00M
GrossAccountsReceivable861.00M744.00M741.00M675.00M
CashCashEquivalentsAndShortTermInvestments1.63B1.22B1.05B2.04B
OtherShortTermInvestments215.00M93.00M6.00M26.00M
CashAndCashEquivalents1.42B1.13B1.05B2.01B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow931.00M709.00M283.00M106.00M
RepurchaseOfCapitalStock-742.00M-116.00M0.000.00
RepaymentOfDebt-500.00M-750.00M-1.24B0.00
IssuanceOfDebt495.00M1.24B0.00991.00M
IssuanceOfCapitalStock44.00M56.00M67.00M63.00M
CapitalExpenditure-148.00M-128.00M-195.00M-286.00M
InterestPaidSupplementalData95.00M83.00M73.00M17.00M
IncomeTaxPaidSupplementalData73.00M105.00M65.00M122.00M
EndCashPosition1.42B1.13B1.05B2.01B
BeginningCashPosition1.13B1.05B2.01B1.23B
EffectOfExchangeRateChanges11.00M-10.00M0.00-22.00M
ChangesInCash280.00M89.00M-963.00M801.00M
FinancingCashFlow-744.00M-570.00M-1.21B1.00B
CashFlowFromContinuingFinancingActivities-744.00M-570.00M-1.21B1.00B
NetOtherFinancingCharges-41.00M-1.00B-41.00M-54.00M
NetCommonStockIssuance-698.00M-60.00M67.00M63.00M
CommonStockPayments-742.00M-116.00M0.000.00
CommonStockIssuance44.00M56.00M67.00M63.00M
NetIssuancePaymentsOfDebt-5.00M491.00M-1.24B991.00M
NetLongTermDebtIssuance-5.00M491.00M-1.24B991.00M
LongTermDebtPayments-500.00M-750.00M-1.24B0.00
LongTermDebtIssuance495.00M1.24B0.00991.00M
InvestingCashFlow-55.00M-178.00M-231.00M-591.00M
CashFlowFromContinuingInvestingActivities-55.00M-178.00M-231.00M-591.00M
NetInvestmentPurchaseAndSale103.00M-52.00M-6.00M-40.00M
SaleOfInvestment0.000.001.66B
PurchaseOfInvestment-52.00M-6.00M-40.00M-77.00M
NetBusinessPurchaseAndSale-10.00M2.00M-30.00M-265.00M
SaleOfBusiness0.0083.00M0.000.00
PurchaseOfBusiness-10.00M-81.00M-30.00M-265.00M
NetIntangiblesPurchaseAndSale-1.00M-180.00M0.00
PurchaseOfIntangibles-1.00M-180.00M0.00
NetPPEPurchaseAndSale-148.00M-128.00M-195.00M-286.00M
PurchaseOfPPE-148.00M-128.00M-195.00M-286.00M
OperatingCashFlow1.08B837.00M478.00M392.00M
CashFlowFromContinuingOperatingActivities1.08B837.00M478.00M392.00M
ChangeInWorkingCapital-153.00M-483.00M-90.00M204.00M
ChangeInOtherWorkingCapital-34.00M-32.00M-16.00M-8.00M
ChangeInOtherCurrentLiabilities33.00M28.00M-1.00M-19.00M
ChangeInOtherCurrentAssets-21.00M-15.00M5.00M19.00M
ChangeInPayablesAndAccruedExpense2.00M-444.00M-29.00M343.00M
ChangeInAccruedExpense0.00-440.00M15.00M381.00M
ChangeInPayable2.00M-4.00M-44.00M-38.00M
ChangeInAccountPayable2.00M-4.00M-44.00M-38.00M
ChangeInPrepaidAssets-8.00M-14.00M11.00M16.00M
ChangeInInventory-17.00M19.00M-20.00M-135.00M
ChangeInReceivables-108.00M-25.00M-40.00M-12.00M
ChangesInAccountReceivables-108.00M-25.00M-40.00M-12.00M
OtherNonCashItems19.00M-316.00M-17.00M-190.00M
StockBasedCompensation275.00M370.00M380.00M366.00M
UnrealizedGainLossOnInvestmentSecurities22.00M1.00M0.00
AssetImpairmentCharge27.00M1.94B927.00M3.92B
DeferredTax119.00M-112.00M-33.00M-23.00M
DeferredIncomeTax119.00M-112.00M-33.00M-23.00M
DepreciationAmortizationDepletion270.00M354.00M432.00M394.00M
DepreciationAndAmortization270.00M354.00M432.00M394.00M
AmortizationCashFlow67.00M130.00M197.00M179.00M
AmortizationOfIntangibles67.00M130.00M197.00M179.00M
Depreciation203.00M224.00M235.00M215.00M
OperatingGainsLosses-328.00M312.00M40.00M122.00M
EarningsLossesFromEquityInvestments0.000.00-899.00M
GainLossOnInvestmentSecurities-328.00M312.00M40.00M122.00M
GainLossOnSaleOfBusiness0.00
NetIncomeFromContinuingOperations850.00M-1.22B-1.16B-4.40B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ILMN
Date User Asset Broker Type Position Size Entry Price Patterns