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Side-by-side financial comparison of EyePoint, Inc. (EYPT) and ILLUMINA, INC. (ILMN). Click either name above to swap in a different company.

ILLUMINA, INC. is the larger business by last-quarter revenue ($1.1B vs $619.0K, roughly 1783.5× EyePoint, Inc.). ILLUMINA, INC. runs the higher net margin — 16.8% vs -10922.3%, a 10939.1% gap on every dollar of revenue. On growth, ILLUMINA, INC. posted the faster year-over-year revenue change (-1.6% vs -94.7%). ILLUMINA, INC. produced more free cash flow last quarter ($335.0M vs $-66.0M). Over the past eight quarters, ILLUMINA, INC.'s revenue compounded faster (0.8% CAGR vs -77.0%).

EyePoint Pharmaceuticals Inc. is a Watertown, Massachusetts company specialising in the application of microelectromechanical systems (MEMS) and nanotechnology to drug delivery.

Illumina, Inc. is an American biotechnology company, headquartered in San Diego, California. Incorporated on April 1, 1998, Illumina develops, manufactures, and markets integrated systems for the analysis of genetic variation and biological function. The company provides a line of products and services that serves the sequencing, genotyping and gene expression, and proteomics markets, and serves more than 155 countries.

EYPT vs ILMN — Head-to-Head

Bigger by revenue
ILMN
ILMN
1783.5× larger
ILMN
$1.1B
$619.0K
EYPT
Growing faster (revenue YoY)
ILMN
ILMN
+93.1% gap
ILMN
-1.6%
-94.7%
EYPT
Higher net margin
ILMN
ILMN
10939.1% more per $
ILMN
16.8%
-10922.3%
EYPT
More free cash flow
ILMN
ILMN
$401.0M more FCF
ILMN
$335.0M
$-66.0M
EYPT
Faster 2-yr revenue CAGR
ILMN
ILMN
Annualised
ILMN
0.8%
-77.0%
EYPT

Income Statement — Q4 2025 vs Q4 2025

Metric
EYPT
EYPT
ILMN
ILMN
Revenue
$619.0K
$1.1B
Net Profit
$-67.6M
$186.0M
Gross Margin
65.9%
Operating Margin
-11364.3%
15.8%
Net Margin
-10922.3%
16.8%
Revenue YoY
-94.7%
-1.6%
Net Profit YoY
-63.3%
205.7%
EPS (diluted)
$-0.82
$1.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EYPT
EYPT
ILMN
ILMN
Q4 25
$619.0K
Q3 25
$966.0K
Q2 25
$5.3M
Q1 25
$24.5M
Q4 24
$11.6M
$1.1B
Q3 24
$10.5M
$1.1B
Q2 24
$9.5M
$1.1B
Q1 24
$11.7M
$1.1B
Net Profit
EYPT
EYPT
ILMN
ILMN
Q4 25
$-67.6M
Q3 25
$-59.7M
Q2 25
$-59.4M
Q1 25
$-45.2M
Q4 24
$-41.4M
$186.0M
Q3 24
$-29.4M
$705.0M
Q2 24
$-30.8M
$-2.0B
Q1 24
$-29.3M
$-126.0M
Gross Margin
EYPT
EYPT
ILMN
ILMN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
65.9%
Q3 24
93.0%
69.0%
Q2 24
85.2%
64.8%
Q1 24
93.5%
62.0%
Operating Margin
EYPT
EYPT
ILMN
ILMN
Q4 25
-11364.3%
Q3 25
-6420.8%
Q2 25
-1166.8%
Q1 25
-199.7%
Q4 24
-390.4%
15.8%
Q3 24
-311.2%
68.6%
Q2 24
-364.5%
-147.2%
Q1 24
-285.2%
-10.3%
Net Margin
EYPT
EYPT
ILMN
ILMN
Q4 25
-10922.3%
Q3 25
-6183.4%
Q2 25
-1114.3%
Q1 25
-184.8%
Q4 24
-357.3%
16.8%
Q3 24
-279.0%
65.3%
Q2 24
-325.3%
-178.8%
Q1 24
-250.6%
-11.7%
EPS (diluted)
EYPT
EYPT
ILMN
ILMN
Q4 25
$-0.82
Q3 25
$-0.85
Q2 25
$-0.85
Q1 25
$-0.65
Q4 24
$-0.65
$1.16
Q3 24
$-0.54
$4.42
Q2 24
$-0.58
$-12.48
Q1 24
$-0.55
$-0.79

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EYPT
EYPT
ILMN
ILMN
Cash + ST InvestmentsLiquidity on hand
$306.1M
$93.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$306.1M
$2.4B
Total Assets
$364.0M
$6.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EYPT
EYPT
ILMN
ILMN
Q4 25
$306.1M
Q3 25
$204.0M
Q2 25
$255.7M
Q1 25
$318.2M
Q4 24
$370.9M
$93.0M
Q3 24
$253.8M
$70.0M
Q2 24
$280.2M
$74.0M
Q1 24
$299.3M
Stockholders' Equity
EYPT
EYPT
ILMN
ILMN
Q4 25
$306.1M
Q3 25
$200.2M
Q2 25
$246.0M
Q1 25
$298.4M
Q4 24
$336.5M
$2.4B
Q3 24
$218.7M
$2.1B
Q2 24
$228.3M
$1.4B
Q1 24
$249.9M
$5.7B
Total Assets
EYPT
EYPT
ILMN
ILMN
Q4 25
$364.0M
Q3 25
$251.7M
Q2 25
$301.1M
Q1 25
$362.6M
Q4 24
$418.5M
$6.3B
Q3 24
$300.9M
$6.0B
Q2 24
$324.2M
$6.1B
Q1 24
$329.2M
$10.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EYPT
EYPT
ILMN
ILMN
Operating Cash FlowLast quarter
$-65.0M
$364.0M
Free Cash FlowOCF − Capex
$-66.0M
$335.0M
FCF MarginFCF / Revenue
-10667.7%
30.3%
Capex IntensityCapex / Revenue
159.3%
2.6%
Cash ConversionOCF / Net Profit
1.96×
TTM Free Cash FlowTrailing 4 quarters
$-243.4M
$709.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EYPT
EYPT
ILMN
ILMN
Q4 25
$-65.0M
Q3 25
$-59.4M
Q2 25
$-62.6M
Q1 25
$-53.1M
Q4 24
$-35.8M
$364.0M
Q3 24
$-39.0M
$316.0M
Q2 24
$-20.2M
$80.0M
Q1 24
$-31.2M
$77.0M
Free Cash Flow
EYPT
EYPT
ILMN
ILMN
Q4 25
$-66.0M
Q3 25
$-60.2M
Q2 25
$-63.8M
Q1 25
$-53.4M
Q4 24
$-36.2M
$335.0M
Q3 24
$-40.6M
$284.0M
Q2 24
$-21.1M
$49.0M
Q1 24
$-32.4M
$41.0M
FCF Margin
EYPT
EYPT
ILMN
ILMN
Q4 25
-10667.7%
Q3 25
-6226.9%
Q2 25
-1196.5%
Q1 25
-218.4%
Q4 24
-312.7%
30.3%
Q3 24
-385.8%
26.3%
Q2 24
-222.4%
4.4%
Q1 24
-277.0%
3.8%
Capex Intensity
EYPT
EYPT
ILMN
ILMN
Q4 25
159.3%
Q3 25
82.6%
Q2 25
22.9%
Q1 25
1.1%
Q4 24
3.3%
2.6%
Q3 24
15.0%
3.0%
Q2 24
9.5%
2.8%
Q1 24
10.2%
3.3%
Cash Conversion
EYPT
EYPT
ILMN
ILMN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
1.96×
Q3 24
0.45×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EYPT
EYPT

Segment breakdown not available.

ILMN
ILMN

Sequencing$1.0B91%
Microarray$101.0M9%
Investee$7.0M1%

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