---
schema_version: "secwatch.filing_event.v1"
accession: "0001110803-24-000025"
form_type: "8-K/A"
ticker: "ILMN"
cik: "0001110803"
company_name: "ILLUMINA, INC."
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:53:46.354222+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Illumina records $75M in impairments on Foster City, San Diego campus exits; $142M assets at risk

## Summary
- Recorded $43M right-of-use asset and leasehold improvement impairment in Q4 2023 for Foster City campus exit.
- Additional $18M right-of-use asset impairment in Q1 2024 for Foster City and San Diego properties.
- Recorded $14M leasehold improvement impairment in Q1 2024 related to Foster City campus.
- Remaining assets on Foster City and San Diego properties total ~$142M as of March 31, 2024.
- Company may incur further charges but cannot estimate timing or amount; charges excluded from non-GAAP.

## SEC filing metadata
- accession: 0001110803-24-000025
- form_type: 8-K/A
- ticker: ILMN
- cik: 0001110803
- company_name: ILLUMINA, INC.
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110803/000111080324000025/0001110803-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110803/000111080324000025/form8-karestructuring5224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001110803-24-000025
- JSON: https://secwatch.observer/filing/0001110803-24-000025.json
- Plain text: https://secwatch.observer/filing/0001110803-24-000025.txt

## Key facts
- Restructurings & Charges
  ILLUMINA, INC. announced a impairment with charges of additional right-of-use asset impairments of $18 million in Q1 2024 related to our campus in Foster City, California and another property in San Diego, Californ affecting our campus in Foster City, California and another property in San Diego, California.
  - Type: impairment
  - Charge: additional right-of-use asset impairments of $18 million in Q1 2024 related to our campus in Foster City, California and another property in San Diego, Californ
  - Affected area: our campus in Foster City, California and another property in San Diego, California
  source text: The Company recorded additional right-of-use asset impairments of $18 million in Q1 2024 related to our campus in Foster City, California and another property in San Diego, California. The Company also recorded $14 million of leasehold improvement impairments related to our Foster City campus in Q1 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110803/000111080324000025/0001110803-24-000025-index.htm
- Restructurings & Charges
  ILLUMINA, INC. announced a impairment with charges of $43 million affecting Foster City campus.
  - Type: impairment
  - Charge: $43 million
  - Affected area: Foster City campus
  source text: The company recorded right-of-use asset and leasehold improvement impairment charges of $43 million in the fourth fiscal quarter of 2023 related to that exit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1110803/000111080324000025/0001110803-24-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.