Illumina (ILMN) FY2021 results: revenue $4.5 billion, up 39.7% on the year
Illumina, Inc. (ILMN) reported revenue of $4.5 billion for fiscal 2021, the year ended 2 January 2022, up 39.7% on the year before. Net income was $762 million, up 16.2%, and diluted earnings per share $5.04. The figures are the company's own, from the 10-K it filed with the SEC on 18 February 2022.
Revenue
$4.5 billion
+39.7% on the year
FY2014FY2021
Operating margin
-2.7%
17.9% a year earlier
FY2014FY2021
Net income
$762 million
+16.2% on the year
FY2014FY2021
Diluted EPS
$5.04
+13.3% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
545
1,080
1,051
-49.5%
Capital expenditure
208
189
209
+10.1%
Free cash flow
337
891
842
-62.2%
Free cash flow margin
7.4%
27.5%
23.8%
Cash from investing
-1,069
-554
745
Cash from financing
-51.0
-766
-897
Depreciation and amortisation
251
187
188
+34.2%
Share-based compensation
754
194
194
+288.7%
Buybacks
0.0
736
324
Diluted shares, weighted
151m
148m
149m
+2.0%
Shares outstanding at period end
157m
146m
147m
+7.5%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
10,740
4,694
4,613
+128.8%
Non-controlling interest
n/a
n/a
0.0
Redeemable equity
n/a
0.0
0.0
Debt
1,695
1,184
1,141
+43.2%
Operating lease liabilities
774
671
695
+15.4%
Other liabilities
2,008
1,036
867
+93.8%
Total liabilities and equity
15,217
7,585
7,316
+100.6%
Fixed assets
1,024
922
889
+11.1%
Goodwill
7,113
897
897
+693.0%
Intangible assets
3,250
142
145
+2,188.7%
Investments
107
1,662
1,372
-93.6%
Cash and equivalents
1,232
1,810
2,042
-31.9%
Receivables
648
487
573
+33.1%
Inventory
431
372
359
+15.9%
Other assets
1,412
1,293
1,039
+9.2%
Total assets
15,217
7,585
7,316
+100.6%
10-K for the year ended 2 January 2022, filed 18 February 2022: the filing.