Illumina (ILMN) FY2022 results: revenue $4.6 billion, up 1.3% on the year
Illumina, Inc. (ILMN) reported revenue of $4.6 billion for fiscal 2022, the year ended 1 January 2023, up 1.3% on the year before. Net income was -$4.4 billion, and diluted earnings per share $-28.00. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$4.6 billion
+1.3% on the year
FY2015FY2022
Operating margin
-91.2%
-2.7% a year earlier
FY2015FY2022
Net income
-$4.4 billion
FY2015FY2022
Diluted EPS
-$28.00
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
392
545
1,080
-28.1%
Capital expenditure
286
208
189
+37.5%
Free cash flow
106
337
891
-68.5%
Free cash flow margin
2.3%
7.4%
27.5%
Cash from investing
-591
-1,069
-554
Cash from financing
1,000
-51.0
-766
Depreciation and amortisation
394
251
187
+57.0%
Share-based compensation
366
754
194
-51.5%
Buybacks
0.0
0.0
736
Diluted shares, weighted
157m
151m
148m
+4.0%
Shares outstanding at period end
158m
157m
146m
+0.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
6,599
10,740
4,694
-38.6%
Redeemable equity
n/a
n/a
0.0
Debt
2,735
1,695
1,184
+61.4%
Operating lease liabilities
744
774
671
-3.9%
Other liabilities
2,174
2,008
1,036
+8.3%
Total liabilities and equity
12,252
15,217
7,585
-19.5%
Fixed assets
1,091
1,024
922
+6.5%
Goodwill
3,239
7,113
897
-54.5%
Intangible assets
3,285
3,250
142
+1.1%
Investments
26.0
107
1,662
-75.7%
Cash and equivalents
2,011
1,232
1,810
+63.2%
Receivables
671
648
487
+3.5%
Inventory
568
431
372
+31.8%
Other assets
1,361
1,412
1,293
-3.6%
Total assets
12,252
15,217
7,585
-19.5%
10-K for the year ended 1 January 2023, filed 17 February 2023: the filing.