NASDAQ$ILMN
Illumina · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported strong sequential growth driven by sequencing consumable revenue and progress in incorporating genomics into standard of care.
Illumina's third quarter 2020 results showed strong sequential growth with revenue of $794 million, a 26% increase compared to the second quarter of 2020, although a 12% decrease compared to the prior year period. GAAP net income was $179 million, or $1.21 per diluted share, while non-GAAP net income was $150 million, or $1.02 per diluted share.
- Revenue of $794 million, an increase of 26% compared to the second quarter of 2020 and a 12% decrease compared to $907 million in the prior year period
- GAAP net income attributable to Illumina stockholders for the quarter of $179 million, or $1.21 per diluted share
- Non-GAAP net income attributable to Illumina stockholders for the quarter of $150 million, or $1.02 per diluted share
- Free cash flow of $105 million for the quarter compared to $218 million in the prior year period
Headline financials
Revenue & EPS history
Illumina · Revenue · Quarterly
$794M
Revenue by segment
Illumina · $147M total across 1 segment · Q1 2023
- Service and Other Revenue$147M+5.0%100.0%
Forward guidance
Illumina has withdrawn its fiscal 2020 full year revenue and earnings per share guidance due to the uncertainties around the severity and duration of the COVID-19 pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.8%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-0.7%
Avg return
30 days after
35%
22 / 63 earnings
Positive
+21.1%
Q3 2025
Best reaction
-19.1%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.3% | +12.5% | +28.5% | |
| Q4 2025 | -10.4% | -12.9% | -6.7% | |
| Q3 2025 | +21.1% | +23.7% | +32.8% | |
| Q1 2025 | -4.9% | -1.7% | +3.9% | |
| Q3 2024 | +3.5% | +0.9% | -4.8% | |
| Q2 2024 | +4.9% | +7.0% | +12.4% | |
| Q1 2024 | -5.4% | -9.5% | -16.4% | |
| Q4 2023 | -3.6% | -6.4% | -5.3% | |
| Q3 2023 | -11.1% | -11.9% | +2.0% | |
| Q2 2023 | -0.6% | -5.9% | -14.9% | |
| Q1 2023 | -7.9% | -10.3% | -15.5% | |
| Q4 2022 | -4.9% | -5.8% | -2.9% | |
| Q3 2022 | +6.3% | +3.3% | +3.7% | |
| Q2 2022 | -8.3% | -3.3% | -7.5% | |
| Q1 2022 | -19.1% | -28.6% | -24.3% | |
| Q4 2021 | -10.0% | -7.0% | -17.4% | |
| Q3 2021 | -2.7% | -5.8% | -17.2% | |
| Q2 2021 | -1.5% | +0.4% | -7.5% | |
| Q1 2021 | -3.6% | -6.6% | -2.8% | |
| Q4 2020 | +12.2% | +9.5% | -10.0% | |
| Q3 2020 | -5.5% | -4.2% | +2.4% | |
| Q2 2020 | -11.2% | -14.9% | -14.6% | |
| Q1 2020 | -3.6% | -2.3% | +14.4% | |
| Q4 2019 | -5.8% | +2.5% | -6.7% | |
| Q3 2019 | -7.0% | -3.5% | +1.0% | |
| Q2 2019 | -0.3% | -1.2% | -6.4% | |
| Q1 2019 | -0.2% | -0.8% | -0.7% | |
| Q4 2018 | -5.3% | -1.7% | +8.7% | |
| Q3 2018 | -8.7% | -7.0% | -2.3% | |
| Q2 2018 | +7.7% | +10.4% | +16.4% | |
| Q1 2018 | -6.0% | -0.6% | +10.2% | |
| Q4 2017 | -3.8% | -8.9% | -7.1% | |
| Q3 2017 | -3.2% | -0.7% | +1.8% | |
| Q2 2017 | +13.8% | +11.9% | +17.6% | |
| Q1 2017 | +2.4% | +2.6% | -3.6% | |
| Q4 2016 | +1.4% | +1.8% | +5.3% | |
| Q3 2016 | -0.4% | -1.1% | -6.2% | |
| Q2 2016 | +7.7% | +10.4% | +12.5% | |
| Q1 2016 | -0.7% | — | — | |
| Q4 2015 | -6.0% | — | — | |
| Q3 2015 | -5.0% | — | — | |
| Q2 2015 | -9.4% | — | — | |
| Q1 2015 | -1.6% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | +8.9% | — | — | |
| Q2 2014 | -2.6% | — | — | |
| Q1 2014 | +8.8% | — | — | |
| Q4 2013 | +4.6% | — | — | |
| Q3 2013 | +10.6% | — | — | |
| Q2 2013 | +9.1% | — | — | |
| Q1 2013 | +11.3% | — | — | |
| Q4 2012 | -3.6% | — | — | |
| Q3 2012 | -1.1% | — | — | |
| Q2 2012 | -2.7% | — | — | |
| Q1 2012 | -1.9% | — | — | |
| Q1 2011 | -3.5% | — | — | |
| Q4 2011 | -4.1% | — | — | |
| Q4 2008 | -4.1% | — | — | |
| Q3 2010 | +2.2% | — | — | |
| Q3 2011 | +2.2% | — | — | |
| Q2 2010 | +3.6% | — | — | |
| Q2 2011 | +3.6% | — | — | |
| Q4 2010 | +3.6% | — | — |
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