The company said Core Illumina revenue for Q1 2025 was $1.04 billion, down 1% from Q1 2024, and was flat on a constant currency basis. GAAP operating margin was 15.8% and non-GAAP operating margin was 20.4%. The company did not provide any further detail on that point.

1. 01

   The company said Core Illumina revenue for Q1 2025 was $1.04 billion, down 1% from Q1 2024, and was flat on a constant currency basis. GAAP operating margin was 15.8% and non-GAAP operating margin was 20.4%. The company did not provide any further detail on that point.

2. 02

   Illumina said GAAP diluted EPS for Q1 2025 was $0.82, and non-GAAP diluted EPS was $0.97. Cash provided by operations was $240 million, and free cash flow was $208 million.

3. 03

   The company expects Core Illumina revenue for 2025 to decline 1% to 3% year over year on a constant currency basis, versus its prior outlook of low single digit growth. It also expects non-GAAP diluted EPS of $4.20 to $4.30, down from its approximate $4.50 guidance in March.

4. 04

   The company said tariff-related costs for 2025 are $85 million, which after actions equals an approximate 125 basis points reduction in full-year operating margin and $0.25 of EPS. It said share repurchases in Q1 were $200 million, and about $1.2 billion remained under its authorization at the end of the quarter.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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