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Illumina stock: growth

ILMN
$209.55Closing price of 12 Nov 2026MEQIRI Score 70 out of 100

Illumina reported $4.34B in revenue for fiscal 2025, down 0.8% on the prior year, up 6% a year on average over up to five years.

Daily figure as of 13 Nov 2026

Revenue (Annual rate)
18.1%
per year from 2006 to 2025, per share 14.7%
Earnings (Annual rate)
17.5%
per year from 2006 to 2025, per share 14.1%
Free cash flow (Annual rate)
21.3%
per year from 2006 to 2025, per share 17.8%

Growth per year by period

What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.

since 2020since 2015since 2006
Revenue6.0%6.9%18.1%
Revenue per share4.9%6.2%14.7%
Earnings5.3%6.3%17.5%
Earnings per share4.2%5.6%14.1%
Free cash flow0.9%6.1%21.3%
Free cash flow per share−0.2%5.4%17.8%

Fiscal years at a glance

How revenue and earnings grow

  • Revenue
  • Earnings
  • Free cash flow
Figures as a table
YearRevenueEarningsFree cash flow
2006$184.59M$39.97M$23.79M
2007$366.8M−$278.36M$31.87M
2008$573.23M$50.48M−$7.81M
2009$666.32M$72.28M$119.27M
2010$902.74M$124.89M$216.11M
2011$1.06B$86.63M$278.59M
2012$1.15B$151.25M$210.86M
2013$1.42B$125.31M$295.86M
2014$1.86B$353.35M$359.06M
2015$2.22B$461.56M$516.35M
2016$2.4B$462.65M$415.86M
2017$2.75B$726M$563M
2018$3.33B$826M$846M
2019$3.54B$1B$842M
2020$3.24B$656M$891M
2021$4.53B$762M$337M
2022$4.58B−$4.4B$106M
2023$4.5B−$1.16B$282M
2024$4.37B−$1.22B$709M
2025$4.34B$850M$931M

Revenue by segment

How Illumina, Inc. makes its money and how that has shifted. Names are as the company reports them.

  • Sequencing$4.0B92%
  • Microarray$358.0M8%

The company split earlier years differently. A history would not be comparable, so only 2025 is shown.

Figures as a table
2025Share 2025
Sequencing$3.99B91.9%
Microarray$358M8.3%
Total revenue$4.34B100%

Revenue by region

Where Illumina, Inc. generates its revenue.

  • Americas55%
  • EMEA29%
  • Asia Pacific10%
  • China6%
Figures as a table
2019202020212022202320242025Share 2025
Americas$1.97B$1.74B$2.36B$2.48B$2.52B$2.44B$2.41B55.5%
EMEA$933M$886M$1.29B$1.22B$1.14B$1.19B$1.26B29.1%
Asia Pacific$268M$267M$377M$418M$459M$438M$430M9.9%
China$372M$342M$502M$472M$384M$308M$243M5.6%
Total revenue$3.54B$3.24B$4.53B$4.58B$4.5B$4.37B$4.34B100%

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 28 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 27 Oct 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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