Income StatementBalance SheetCash FlowSegments
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Illumina Cash Flow Statement

Operating, investing, and financing cash movements

Illumina generated $1.1B in operating cash flow over the trailing twelve months. After $154.0M in capital expenditures, free cash flow was $974.0M. Free cash flow increased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.1BNet Cash From Investing (TTM)-$211.0MNet Cash From Financing (TTM)-$800.0MCapital Expenditures (TTM)$154.0MDepreciation And Amortization Cf (TTM)$202.0MNet Change In Cash (TTM)-$24.0M
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$21.4B
P/E Ratio25.10
ROE33.82%

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$0.0$7.0M——$3.0M$415.0M
Capital expenditures$29.0M$32.0M$30.0M$31.0M$55.0M$38.0M
(Purchases) Sales For Strategic Investments$19.0M$24.0M$19.0M$20.0M-$166.0M-$87.0M
Net cash from investing activities-$48.0M-$63.0M-$49.0M-$51.0M—-$366.0M

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Amortization of intangible assets$17.0M$17.0M$17.0M$17.0M$16.0M$18.0M
Change in accounts payable—-$15.0M-$11.0M$13.0M$15.0M-$12.0M
Change in accounts receivable$45.0M-$46.0M-$3.0M$36.0M$121.0M-$118.0M
Change in accrued liabilities-$34.0M-$56.0M-$35.0M$22.0M$69.0M-$47.0M
Change in inventories-$28.0M-$10.0M$38.0M$15.0M—$13.0M
Change in other assets$1.0M$1.0M$2.0M$10.0M$8.0M$26.0M
Change in other liabilities$37.0M$14.0M$12.0M—$17.0M-$10.0M
Other working capital changes-$3.0M$2.0M-$11.0M-$9.0M$0.0-$8.0M
Change in fair value of contingent consideration-$11.0M-$11.0M-$21.0M——-$16.0M
Deferred income taxes—-$16.0M-$25.0M-$41.0M-$37.0M$3.0M
Depreciation and amortization$54.0M$52.0M$51.0M$50.0M$50.0M$51.0M
Net cash from operating activities$364.0M$240.0M$234.0M$284.0M$321.0M$289.0M
Net income$186.0M$131.0M$235.0M$150.0M$334.0M$134.0M
Gain (Loss) On Strategic Investments, Noncash$0.0$32.0M$101.0M$4.0M$191.0M-$38.0M
Increase (Decrease) Of Operating Leases, Net$11.0M$8.0M$9.0M$8.0M$9.0M$9.0M
Stock-based compensation$79.0M$73.0M$69.0M$70.0M$63.0M$60.0M
Non-cash Contribution Expense$0.0$4.8M$4.8M$4.8M$4.8M—

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net cash from financing activities-$47.0M-$195.0M-$371.0M-$115.0M-$63.0M-$251.0M
Proceeds from issuance of common stock—$27.0M$1.0M$16.0M$0.0$24.0M
Repurchases of common stock$17.0M$200.0M$370.0M$130.0M$42.0M$242.0M
Taxes paid for net share settlement$30.0M$22.0M$1.0M$1.0M$16.0M$33.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$335.0M$208.0M$204.0M$253.0M$266.0M$251.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$11.0M$4.0M$7.0M—$2.0M-$1.0M
Net increase (decrease) in cash$258.0M-$14.0M-$179.0M$116.0M$368.0M-$329.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$26.3M$18.3M$18.3M$18.3M$18.3M—
Interest paid$20.8M$23.8M$23.8M$23.8M$23.8M—
Income Taxes Paid, Net$26.3M$18.3M$18.3M$18.3M$18.3M—
GRAIL net assets, excluding cash and cash equivalents, deconsolidated as a result of spin-off$442.5M$0.0$0.0$0.0$0.0—