Analysis of Revenues
Paying user area
Try for free
Illumina Inc. pages available for free this week:
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Operating Profit Margin since 2005
- Return on Assets (ROA) since 2005
- Total Asset Turnover since 2005
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Illumina Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Revenues as Reported
Illumina Inc., income statement, revenues
US$ in millions
| 12 months ended: | Dec 31, 2020 | Dec 29, 2019 | Dec 30, 2018 | Dec 31, 2017 | Dec 31, 2016 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumables | |||||||||||
| Instruments | |||||||||||
| Product revenue | |||||||||||
| Service and other revenue | |||||||||||
| Revenue |
Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-29), 10-K (reporting date: 2018-12-30), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).
- Overall Revenue Trend
- The total revenue shows a consistent upward trend from 2016 through 2019, increasing from 2398 million US dollars to a peak of 3543 million US dollars. However, in 2020, revenue decreases to 3239 million US dollars, indicating a reversal of the prior growth trend.
- Product Revenue Analysis
- Product revenue steadily rises from 2032 million in 2016 to 2929 million in 2019, reflecting continued growth in product sales. In 2020, product revenue declines to 2735 million, mirroring the overall revenue decrease.
- Breakdown of Product Revenue
-
- Consumables
- Consumables show strong growth from 1561 million in 2016 to 2392 million in 2019, with a slight decline to 2304 million in 2020. Despite the decrease, the 2020 figure remains significantly higher compared to earlier years, indicating a robust demand for consumables overall.
- Instruments
- Instrument sales increase from 471 million in 2016 to a peak of 572 million in 2018, then decline to 537 million in 2019 and further to 431 million in 2020. This downward trend in recent years suggests either reduced demand or competitive pressures in the instrument segment.
- Service and Other Revenue
- Revenue from services and other sources increases steadily from 366 million in 2016 to 614 million in 2019, followed by a decline to 504 million in 2020. While the segment experienced consistent growth through 2019, the drop in 2020 signals potential challenges affecting service-related income.
- Insights
- The company experienced robust revenue growth from 2016 to 2019 across most segments, driven predominantly by consumables and service revenue growth. However, 2020 marks a disruption in this pattern, with declines in total revenue, product revenue, instruments, and service revenue. Consumables exhibit moderate resistance to the downturn, with only a slight decrease. The decline in instruments revenue is noteworthy, reflecting a possible weakening in capital sales or market saturation.