Garmin Ltd. (GRMN)

AI Score

Hold

AI Score

Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

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At close: undefined

215.40

-0.02%

After-hours Dec 13, 2024, 04:10 PM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.

Boring Mode

Year	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09	FY08	FY07	FY06	FY05	FY04	FY03	FY02	FY01	FY00	FY99
Revenue	5.23B	4.86B	4.98B	4.19B	3.76B	3.35B	3.09B	3.02B	2.82B	2.87B	2.63B	2.72B	2.76B	2.69B	2.95B	3.49B	3.18B	1.77B	1.03B	762.55M	572.99M	465.14M	369.12M	345.74M	232.59M
Cost of Revenue	2.22B	2.05B	2.09B	1.71B	1.52B	1.37B	1.30B	1.34B	1.28B	1.27B	1.22B	1.28B	1.42B	1.34B	1.50B	1.94B	1.72B	891.61M	492.70M	351.31M	242.45M	210.09M	170.96M	154.45M	100.08M
Gross Profit	3.00B	2.81B	2.89B	2.48B	2.23B	1.98B	1.78B	1.68B	1.54B	1.60B	1.41B	1.44B	1.34B	1.35B	1.44B	1.55B	1.46B	882.39M	535.07M	411.24M	330.54M	255.06M	198.16M	191.29M	132.50M
Operating Income	1.09B	1.03B	1.22B	1.05B	945.59M	778.34M	668.86M	623.91M	549.58M	690.63M	574.03M	604.16M	553.77M	636.68M	786.01M	862.02M	907.35M	554.56M	338.17M	270.67M	227.00M	177.44M	131.29M	129.29M	82.53M
Interest Income	77.30M	40.83M	28.57M	37.00M	52.82M	47.15M	36.92M	33.41M	29.65M	35.58M	35.27M	35.11M	32.81M	24.98M	23.52M	35.53M	41.99M	-	-	9.42M	-	-	-	-	-
Pretax Income	1.20B	1.06B	1.21B	1.10B	987.22M	823.25M	682.29M	629.67M	567.19M	723.75M	653.56M	624.53M	584.16M	577.27M	808.65M	914.37M	978.27M	594.55M	372.60M	255.21M	225.94M	182.74M	152.03M	140.92M	84.13M
Net Income	1.29B	973.59M	1.08B	992.32M	952.49M	694.08M	694.96M	510.81M	456.23M	364.21M	612.41M	542.40M	520.90M	584.60M	703.95M	732.85M	855.01M	514.12M	311.22M	205.70M	178.63M	142.80M	113.45M	105.66M	64.17M
Selling & General & Admin	1.01B	944.00M	831.82M	721.41M	683.02M	633.57M	602.67M	587.70M	562.08M	518.66M	468.35M	508.55M	486.24M	432.44M	419.72M	485.39M	396.50M	214.51M	122.02M	61.58M	59.84M	45.45M	38.71M	32.67M	27.06M
Research & Development	904.70M	834.93M	840.02M	705.68M	605.37M	567.80M	511.63M	467.96M	427.04M	395.12M	364.92M	325.77M	298.58M	277.26M	238.38M	206.11M	159.41M	113.31M	74.88M	78.99M	43.71M	32.16M	28.16M	21.76M	17.34M
Other Expenses	-	7.58M	4.87M	9.34M	5.62M	5.37M	-912.00K	4.01M	11.42M	1.83M	8.72M	5.28M	-	-	-	-	-	-	-	-	-	-	-	7.57M	5.57M
Operating Expenses	1.91B	1.78B	1.67B	1.43B	1.29B	1.20B	1.11B	1.06B	989.12M	913.79M	833.27M	834.32M	784.83M	709.70M	658.10M	691.50M	555.90M	327.83M	196.90M	140.57M	103.54M	77.62M	66.87M	62.00M	49.97M
Interest Expense	-	40.83M	-	-	-	-	36.92M	33.41M	29.65M	35.58M	35.27M	35.11M	32.81M	1.25M	23.52M	607.00K	207.00K	-	-	40.30M	9.05M	-	-	-	546.00K
Selling & Marketing Expenses	173.11M	168.04M	171.83M	151.17M	164.46M	155.39M	164.69M	177.14M	167.17M	146.63M	112.91M	138.76M	145.02M	144.61M	155.52M	-	-	-	-	-	-	-	-	-	-
Cost & Expenses	4.14B	3.83B	3.76B	3.13B	2.81B	2.57B	2.42B	2.39B	2.27B	2.18B	2.06B	2.11B	2.20B	2.05B	2.16B	2.63B	2.27B	1.22B	689.60M	491.88M	345.99M	287.70M	237.83M	216.45M	150.06M
Income Tax	-89.28M	91.39M	124.60M	111.09M	34.74M	129.17M	-12.66M	118.86M	110.96M	359.53M	41.15M	82.13M	63.27M	-7.33M	104.70M	181.52M	123.26M	80.43M	61.38M	49.51M	47.31M	39.94M	38.59M	35.26M	19.96M
Shares Outstanding (Basic)	191.40M	192.54M	192.18M	191.09M	189.93M	188.63M	187.83M	188.82M	190.63M	193.11M	195.41M	194.91M	194.10M	196.98M	200.40M	208.99M	216.52M	216.02M	216.12M	216.53M	216.53M	216.36M	216.09M	201.26M	200.52M
Shares Outstanding (Diluted)	192.06M	193.04M	193.04M	191.90M	190.90M	189.73M	188.73M	189.34M	191.11M	194.16M	196.34M	196.21M	194.89M	198.01M	201.16M	210.68M	219.88M	218.78M	218.40M	217.67M	217.85M	216.36M	217.24M	201.26M	200.52M
EPS (Basic)	6.74	5.06	5.63	5.19	5.01	3.68	3.70	2.71	2.39	1.89	3.13	2.78	2.68	2.97	3.51	3.51	3.95	2.38	1.44	0.95	0.83	0.66	0.53	0.53	0.32
EPS (Diluted)	6.71	5.04	5.61	5.17	4.99	3.66	3.68	2.70	2.39	1.88	3.12	2.76	2.67	2.95	3.50	3.48	3.89	2.35	1.43	0.95	0.82	0.66	0.53	0.53	0.32
EBITDA	1.27B	1.19B	1.37B	1.18B	1.05B	874.54M	769.89M	719.20M	627.94M	767.64M	652.84M	694.63M	648.30M	671.92M	905.14M	993.39M	1.04B	599.03M	381.77M	305.27M	247.10M	193.57M	142.15M	136.86M	88.10M
Depreciation & Amortization	177.57M	163.85M	154.82M	126.72M	106.17M	96.19M	86.25M	86.34M	78.36M	77.02M	78.80M	90.47M	94.53M	94.65M	96.49M	78.42M	64.04M	44.48M	43.60M	34.60M	20.10M	16.13M	10.87M	7.57M	5.57M