Illumina Releases Preliminary Financial Results for Q4 and Fiscal Year 2025
Company Symbol: ILMN
Overview of Preliminary Results
Illumina, Inc. (NASDAQ: ILMN) has announced its preliminary unaudited financial results for the fourth quarter and fiscal year 2025. The announcement comes ahead of its scheduled presentation at the 44th Annual J.P. Morgan Healthcare Conference, set for January 13, 2026, at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time). Investors can view the webcast on Illumina's investor relations website at investor.illumina.com.
Financial Highlights for Q4 2025
- Revenue: Approximately $1.155 billion, representing a 5% increase from Q4 2024 (or 4% increase on a constant currency basis).
- Ex-China revenue: Approximately $1.100 billion, up 7% from Q4 2024 (and unchanged on a constant currency basis).
- GAAP diluted EPS: Expected between $2.14 to $2.17.
- Non-GAAP diluted EPS: Expected between $1.27 to $1.30.
Fiscal Year 2025 Financial Overview
- Revenue: Approximately $4.34 billion, flat compared to 2024 (also flat on a constant currency basis).
- Ex-China revenue: Approximately $4.10 billion, up 2% from 2024 (and unchanged on a constant currency basis).
- GAAP diluted EPS: Expected between $5.42 to $5.45.
- Non-GAAP diluted EPS: Expected between $4.76 to $4.79.
Future Reporting Dates
Illumina plans to provide full detailed results for the fourth quarter and fiscal year 2025 on February 5, 2026, following the close of market. The preliminary results presented here may be subject to adjustments following the completion of accounting and annual audit procedures.
Understanding Non-GAAP Financial Measures
The company also highlights its use of non-GAAP financial measures, which include metrics such as diluted earnings per share, net income, operating expenses, and free cash flow. These non-GAAP measures exclude certain costs, enabling investors to better assess the company’s operating performance. The board of directors utilizes these measures to evaluate management performance and set compensation.
Investors are encouraged to review both GAAP and non-GAAP financial results to gain a comprehensive understanding of the company's performance. Reconciliations between these financial presentations are available in the accompanying tables of the release.
Forward-Looking Statements and Market Considerations
This release contains forward-looking statements regarding Illumina's performance and initiatives that are subject to risks and uncertainties. Factors that may influence results include:
- Changes in market demand, particularly in the proteomics sector.
- The timing and mix of customer orders.
- The progress of ongoing regulatory approvals, including the anticipated acquisition of SomaLogic, Inc.
- External economic conditions, including potential tariffs and trade policies.
Illumina emphasizes the unpredictability of these factors and their potential impact on future results. Investors should stay informed by reviewing the company's filings with the Securities and Exchange Commission, including Forms 10-K and 10-Q.