Illumina Q3 2025 TL;DR Summary
Illumina reported a sharp year-over-year profitability turnaround for the nine months ended September 28, 2025, largely due to the non-recurrence of substantial one-time charges taken in the prior year related to the GRAIL divestiture. However, recent quarterly net income showed deceleration.
Financial Performance & Metrics (YTD 9 Months) Total Revenue slightly declined to $3.184B (vs. $3.268B in 2024). Net Income swung dramatically to a $516M profit, compared to a $1.41B loss in 2024, driven by the absence of $1.89B in goodwill impairment and favo
...