Illumina Inc (ILMN)
Operating profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,070,000 | -1,033,000 | -3,936,000 | -4,427,000 | -4,179,000 | -4,011,000 | -899,000 | -133,000 | -124,000 | -32,000 | 675,000 | 584,000 | 580,000 | 715,000 | 861,000 | 970,000 | 985,000 | 914,000 | 847,000 | 869,000 |
| Revenue (ttm) | US$ in thousands | 4,504,000 | 4,465,000 | 4,461,000 | 4,447,000 | 4,583,000 | 4,699,000 | 4,692,000 | 4,656,000 | 4,526,000 | 4,280,000 | 3,966,000 | 3,473,000 | 3,239,000 | 3,238,000 | 3,351,000 | 3,556,000 | 3,543,000 | 3,458,000 | 3,404,000 | 3,396,000 |
| Operating profit margin | -23.76% | -23.14% | -88.23% | -99.55% | -91.18% | -85.36% | -19.16% | -2.86% | -2.74% | -0.75% | 17.02% | 16.82% | 17.91% | 22.08% | 25.69% | 27.28% | 27.80% | 26.43% | 24.88% | 25.59% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,070,000K ÷ $4,504,000K
= -23.76%
Illumina Inc's operating profit margin has shown variability over the past eight quarters. The trend indicates a decline in profitability from Q1 2022 to Q4 2023, with margins ranging from -6.16% to 2.38%. The company experienced a significant decrease in operating profit margin in Q4 2023, recording a loss of 4.93%, compared to the previous quarter where it was at -4.03%. This negative trend may raise concerns about the company's ability to generate profits from its core operations. Further analysis of the company's cost structure and revenue streams may be necessary to identify the drivers behind these fluctuations in operating profit margin for Illumina Inc.
Peer comparison
Dec 31, 2023