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

ILLUMINA, INC. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Fortune Brands Innovations, Inc.). ILLUMINA, INC. runs the higher net margin — 28.8% vs 7.1%, a 21.7% gap on every dollar of revenue. On growth, ILLUMINA, INC. posted the faster year-over-year revenue change (5.0% vs -2.4%). ILLUMINA, INC. produced more free cash flow last quarter ($267.0M vs $183.7M). Over the past eight quarters, ILLUMINA, INC.'s revenue compounded faster (-0.7% CAGR vs -1.5%).

Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...

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.

FBIN vs ILMN — Head-to-Head

Bigger by revenue
ILMN
ILMN
1.1× larger
ILMN
$1.2B
$1.1B
FBIN
Growing faster (revenue YoY)
ILMN
ILMN
+7.4% gap
ILMN
5.0%
-2.4%
FBIN
Higher net margin
ILMN
ILMN
21.7% more per $
ILMN
28.8%
7.1%
FBIN
More free cash flow
ILMN
ILMN
$83.3M more FCF
ILMN
$267.0M
$183.7M
FBIN
Faster 2-yr revenue CAGR
ILMN
ILMN
Annualised
ILMN
-0.7%
-1.5%
FBIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBIN
FBIN
ILMN
ILMN
Revenue
$1.1B
$1.2B
Net Profit
$76.3M
$334.0M
Gross Margin
43.8%
65.5%
Operating Margin
11.3%
17.4%
Net Margin
7.1%
28.8%
Revenue YoY
-2.4%
5.0%
Net Profit YoY
-27.3%
185.5%
EPS (diluted)
$0.63
$2.16

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
FBIN
FBIN
ILMN
ILMN
Q4 25
$1.1B
$1.2B
Q3 25
$1.1B
Q2 25
$1.2B
Q1 25
$1.0B
Q4 24
$1.1B
$1.1B
Q3 24
$1.2B
$1.1B
Q2 24
$1.2B
$1.1B
Q1 24
$1.1B
$1.1B
Net Profit
FBIN
FBIN
ILMN
ILMN
Q4 25
$76.3M
$334.0M
Q3 25
$70.8M
Q2 25
$100.3M
Q1 25
$51.4M
Q4 24
$105.0M
$186.0M
Q3 24
$136.6M
$705.0M
Q2 24
$133.9M
$-2.0B
Q1 24
$96.4M
$-126.0M
Gross Margin
FBIN
FBIN
ILMN
ILMN
Q4 25
43.8%
65.5%
Q3 25
45.2%
Q2 25
45.1%
Q1 25
44.0%
Q4 24
46.0%
65.9%
Q3 24
45.9%
69.0%
Q2 24
43.6%
64.8%
Q1 24
43.9%
62.0%
Operating Margin
FBIN
FBIN
ILMN
ILMN
Q4 25
11.3%
17.4%
Q3 25
11.0%
Q2 25
14.3%
Q1 25
9.4%
Q4 24
16.1%
15.8%
Q3 24
17.8%
68.6%
Q2 24
16.1%
-147.2%
Q1 24
14.0%
-10.3%
Net Margin
FBIN
FBIN
ILMN
ILMN
Q4 25
7.1%
28.8%
Q3 25
6.2%
Q2 25
8.3%
Q1 25
5.0%
Q4 24
9.5%
16.8%
Q3 24
11.8%
65.3%
Q2 24
10.8%
-178.8%
Q1 24
8.7%
-11.7%
EPS (diluted)
FBIN
FBIN
ILMN
ILMN
Q4 25
$0.63
$2.16
Q3 25
$0.59
Q2 25
$0.83
Q1 25
$0.42
Q4 24
$0.84
$1.16
Q3 24
$1.09
$4.42
Q2 24
$1.06
$-12.48
Q1 24
$0.76
$-0.79

Balance Sheet & Financial Strength

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

Metric
FBIN
FBIN
ILMN
ILMN
Cash + ST InvestmentsLiquidity on hand
$264.0M
$1.6B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$2.4B
$2.7B
Total Assets
$6.5B
$6.6B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIN
FBIN
ILMN
ILMN
Q4 25
$264.0M
$1.6B
Q3 25
$223.9M
Q2 25
$234.7M
Q1 25
$340.0M
Q4 24
$381.1M
$93.0M
Q3 24
$344.8M
$70.0M
Q2 24
$352.6M
$74.0M
Q1 24
$359.7M
Total Debt
FBIN
FBIN
ILMN
ILMN
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.7B
Q2 24
$2.7B
Q1 24
$2.7B
Stockholders' Equity
FBIN
FBIN
ILMN
ILMN
Q4 25
$2.4B
$2.7B
Q3 25
$2.4B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.4B
$2.4B
Q3 24
$2.4B
$2.1B
Q2 24
$2.3B
$1.4B
Q1 24
$2.3B
$5.7B
Total Assets
FBIN
FBIN
ILMN
ILMN
Q4 25
$6.5B
$6.6B
Q3 25
$6.5B
Q2 25
$6.6B
Q1 25
$6.6B
Q4 24
$6.6B
$6.3B
Q3 24
$6.6B
$6.0B
Q2 24
$6.7B
$6.1B
Q1 24
$6.8B
$10.0B
Debt / Equity
FBIN
FBIN
ILMN
ILMN
Q4 25
1.07×
Q3 25
0.91×
Q2 25
0.93×
Q1 25
1.16×
Q4 24
1.10×
Q3 24
1.12×
Q2 24
1.15×
Q1 24
1.17×

Cash Flow & Capital Efficiency

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

Metric
FBIN
FBIN
ILMN
ILMN
Operating Cash FlowLast quarter
$208.2M
$321.0M
Free Cash FlowOCF − Capex
$183.7M
$267.0M
FCF MarginFCF / Revenue
17.0%
23.0%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2.73×
0.96×
TTM Free Cash FlowTrailing 4 quarters
$366.8M
$935.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBIN
FBIN
ILMN
ILMN
Q4 25
$208.2M
$321.0M
Q3 25
$204.4M
Q2 25
$149.4M
Q1 25
$-83.4M
Q4 24
$272.3M
$364.0M
Q3 24
$205.3M
$316.0M
Q2 24
$261.5M
$80.0M
Q1 24
$-71.3M
$77.0M
Free Cash Flow
FBIN
FBIN
ILMN
ILMN
Q4 25
$183.7M
$267.0M
Q3 25
$177.0M
Q2 25
$118.7M
Q1 25
$-112.6M
Q4 24
$212.1M
$335.0M
Q3 24
$175.6M
$284.0M
Q2 24
$222.7M
$49.0M
Q1 24
$-135.9M
$41.0M
FCF Margin
FBIN
FBIN
ILMN
ILMN
Q4 25
17.0%
23.0%
Q3 25
15.4%
Q2 25
9.9%
Q1 25
-10.9%
Q4 24
19.2%
30.3%
Q3 24
15.2%
26.3%
Q2 24
18.0%
4.4%
Q1 24
-12.2%
3.8%
Capex Intensity
FBIN
FBIN
ILMN
ILMN
Q4 25
2.3%
Q3 25
2.4%
Q2 25
2.6%
Q1 25
2.8%
Q4 24
5.5%
2.6%
Q3 24
2.6%
3.0%
Q2 24
3.1%
2.8%
Q1 24
5.8%
3.3%
Cash Conversion
FBIN
FBIN
ILMN
ILMN
Q4 25
2.73×
0.96×
Q3 25
2.89×
Q2 25
1.49×
Q1 25
-1.62×
Q4 24
2.59×
1.96×
Q3 24
1.50×
0.45×
Q2 24
1.95×
Q1 24
-0.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBIN
FBIN

Wholesale Retail Trade$526.7M49%
Home Center Retailer$257.1M24%
Security Segment$165.8M15%
Other Retailer$118.2M11%

ILMN
ILMN

Product revenue$990.0M85%
Service and other revenue$169.0M15%

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