Fundamental analysis · SEC EDGAR · TTM through 28/06/2026
ILMN · Nasdaq · Healthcare
Fundamental quality
76
out of 100
Illumina, Inc. runs like a cash machine: it converts about 20.7% of revenue into free cash flow and holds a 18.3% net margin, though it grows at a measured pace. On fundamental quality it scores 76 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +6.2%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Illumina dominates DNA sequencing: its machines read genomes in labs, hospitals and research centers worldwide, and its reagents are consumed with every test. It is the infrastructure of genomic medicine, with the classic instrument-plus-consumables model.
EPS growth: 3.5% · Revenue growth: 6.2%
Net margin: 18.3% · ROE: 29% · ROIC: 39.9%
FCF: 20.7%
Source: SEC EDGAR · TTM through 28/06/2026
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 57 Healthcare companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2021 | 3,239 | 656 | 891 | -626 |
| 2022 | 4,526 | 762 | 337 | -1,232 |
| 2023 | 4,584 | -4,404 | 106 | -2,011 |
| 2023 | 4,504 | -1,161 | 283 | -1,048 |
| 2024 | 4,372 | -1,223 | 709 | -1,127 |
| 2025 | 4,343 | 850 | 931 | -1,418 |
Between 2021 and 2025, revenue went from $3,239M to $4,343M (+34%) and net income went from $656M to $850M (+30%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended June 28, 2026, versus the half-year ended June 29, 2025 (SEC filings):
Compared with the previous close (March 29, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
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Is Illumina, Inc. cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Illumina, Inc. a good company to invest in?
In terms of business quality, Illumina, Inc. scores 76 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Illumina, Inc. a profitable company?
Yes. Illumina, Inc. shows a net margin of 18.3% and an ROE of 29%, a sign of a profitable business.
Is Illumina, Inc. growing?
Its revenue has grown 6.2% annualized in recent years and its earnings per share 3.5%.
Does Illumina, Inc. generate cash?
Yes. It converts about 20.7% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Illumina, Inc.'s filings on EDGAR
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