Discontinued — last reported Q3 '25

Current Liabilities

Notes Payable

Illumina Notes Payable remained flat by 0.0% to $499.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $499.00M to $499.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2025

How to read this metric

An increase indicates higher reliance on formal debt financing, which may increase interest expense and financial risk.

Detailed definition

Notes payable are formal written promises to pay a specific amount of money at a future date, often involving interest....

Peer comparison

Commonly used by companies to manage short-term liquidity needs or bridge financing.

Metric ID: notes_payable

Historical Data

15 periods
 Q4 '21Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q2 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$499.00M$499.00M$500.00M$0.00$0.00$0.00$0.00$744.00M$499.00M$499.00M$499.00M$998.00M$499.00M$499.00M
QoQ Change+0.0%+0.2%-100.0%-32.9%+0.0%+0.0%+100.0%-50.0%+0.0%
YoY Change-100.0%-100.0%-100.0%-32.9%+0.0%+0.0%
Range$0.00$998.00M
Avg YoY Growth-55.5%
Median YoY Growth-66.5%

Frequently Asked Questions

What is Illumina's notes payable?
Illumina (ILMN) reported notes payable of $499.00M in Q1 2026.
How has Illumina's notes payable changed year-over-year?
Illumina's notes payable decreased by 0.0% year-over-year, from $499.00M to $499.00M.
What does notes payable mean?
Formal debt obligations evidenced by a written promissory note.