Current Liabilities

Notes Payable Current

Illumina Notes Payable Current 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 reportedQ2 2025
Last reportedQ1 2026

How to read this metric

An increase suggests higher reliance on short-term financing, which may increase liquidity risk.

Detailed definition

Notes payable current represents the short-term portion of debt obligations evidenced by formal promissory notes. This m...

Peer comparison

Comparable across companies with similar capital structures and debt management strategies.

Metric ID: current_liabilities_notes_payable_current

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 current?
Illumina (ILMN) reported notes payable current of $499.00M in Q1 2026.
How has Illumina's notes payable current changed year-over-year?
Illumina's notes payable current decreased by 0.0% year-over-year, from $499.00M to $499.00M.
What does notes payable current mean?
Short-term debt that must be paid back within one year.