Garmin Ltd. (GRMN)
NYSE: GRMN
· Real-Time Price · USD
235.07
-1.51 (-0.64%)
At close: Aug 14, 2025, 3:59 PM
234.36
-0.30%
Pre-market: Aug 15, 2025, 07:33 AM EDT
Garmin Income Statement
Financials in USD. Fiscal
year is
January - December.
Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
Period Ending | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 | Sep 30, 2023 | Jul 1, 2023 | Apr 1, 2023 | Dec 31, 2022 | Sep 24, 2022 | Jun 25, 2022 | Mar 26, 2022 | Dec 25, 2021 | Sep 25, 2021 | Jun 26, 2021 | Mar 27, 2021 |
Revenue | 1.81B | 1.54B | 1.82B | 1.59B | 1.51B | 1.38B | 1.48B | 1.28B | 1.32B | 1.15B | 1.31B | 1.14B | 1.24B | 1.17B | 1.39B | 1.19B | 1.33B | 1.07B |
Cost of Revenue | 747.55M | 650.55M | 742.64M | 634.42M | 643.78M | 579.51M | 618.35M | 548.96M | 561.35M | 494.63M | 561.39M | 469.94M | 512.01M | 510.18M | 619.48M | 496.03M | 546.05M | 430.77M |
Gross Profit | 1.07B | 884.54M | 1.08B | 951.6M | 862.89M | 802.14M | 864.15M | 728.57M | 759.44M | 652.79M | 744.97M | 670.5M | 728.83M | 662.48M | 772.11M | 695.95M | 780.85M | 641.56M |
Operating Income | 472.3M | 332.82M | 516.08M | 437.48M | 342.03M | 298.41M | 340.45M | 270.37M | 284.36M | 196.98M | 267.17M | 239.37M | 292.74M | 228.56M | 315.12M | 282.67M | 371.17M | 249.66M |
Interest Income | 31.72M | 30.51M | 30.38M | 28.83M | 29.29M | 25.03M | 22.84M | 19.8M | 18.76M | 15.9M | 14.31M | 10.47M | 8.49M | 7.55M | 7M | 6.9M | 7.02M | 7.65M |
Pretax Income | 480.25M | 389.08M | 516.14M | 486.25M | 365.97M | 327.04M | 383.04M | 279.57M | 315.98M | 221.77M | 329.88M | 220.27M | 278.97M | 235.86M | 308.84M | 275.39M | 372.06M | 250.51M |
Net Income | 400.82M | 332.77M | 435.73M | 399.11M | 300.63M | 275.96M | 542.13M | 257.24M | 287.94M | 202.33M | 293.27M | 210.85M | 257.87M | 211.59M | 286.14M | 259.04M | 317M | 220.03M |
Selling & General & Admin | 318.05M | 283.6M | 305.09M | 264.96M | 277.71M | 261.19M | 286.45M | 236.63M | 250.69M | 234.33M | 262.08M | 222.43M | 234.57M | 224.92M | 235.21M | 199.22M | 208.7M | 188.68M |
Research & Development | 276.66M | 268.12M | 258.75M | 249.16M | 243.15M | 242.53M | 237.25M | 221.57M | 224.39M | 221.49M | 215.71M | 208.69M | 201.52M | 209.01M | 221.77M | 214.06M | 200.98M | 203.21M |
Other Expenses | n/a | n/a | n/a | n/a | -513K | 1.32M | 254K | 938K | 2.06M | 1.2M | n/a | 285K | 170K | n/a | 1.35M | 833K | 1.2M | 1.48M |
Operating Expenses | 594.72M | 551.72M | 563.84M | 514.12M | 520.86M | 503.73M | 523.7M | 458.2M | 475.09M | 455.81M | 477.8M | 431.13M | 436.09M | 433.92M | 456.99M | 413.28M | 409.68M | 391.9M |
Interest Expense | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a | n/a | n/a | 61.26M | 35.16M | 46.34M | 30.35M | 57.66M | 32.89M | 43.36M | 34.13M | 61.12M | 36.7M | 42.94M | 31.06M |
Cost & Expenses | 1.34B | 1.2B | 1.31B | 1.15B | 1.16B | 1.08B | 1.14B | 1.01B | 1.04B | 950.44M | 1.04B | 901.06M | 948.09M | 944.11M | 1.08B | 909.3M | 955.73M | 822.67M |
Income Tax Expense | 79.43M | 56.31M | 80.41M | 87.14M | 65.34M | 51.08M | -159.09M | 22.33M | 28.04M | 19.45M | 36.6M | 9.42M | 21.09M | 24.27M | 22.7M | 16.35M | 55.06M | 30.48M |
Shares Outstanding (Basic) | 192.52M | 192.54M | 192.07M | 192.2M | 192.07M | 191.89M | 191.36M | 191.44M | 191.29M | 191.5M | 191.61M | 192.67M | 193.07M | 192.89M | 192.35M | 192.32M | 192.15M | 191.9M |
Shares Outstanding (Diluted) | 193.42M | 193.72M | 193.76M | 193.17M | 192.9M | 192.7M | 192.56M | 191.87M | 191.6M | 191.89M | 192.1M | 193.1M | 193.45M | 193.58M | 193.31M | 193.19M | 192.87M | 192.81M |
EPS (Basic) | 2.08 | 1.73 | 2.27 | 2.08 | 1.57 | 1.44 | 2.83 | 1.34 | 1.51 | 1.06 | 1.53 | 1.09 | 1.34 | 1.10 | 1.49 | 1.35 | 1.65 | 1.15 |
EPS (Diluted) | 2.07 | 1.72 | 2.25 | 2.07 | 1.56 | 1.43 | 2.82 | 1.34 | 1.50 | 1.05 | 1.53 | 1.09 | 1.33 | 1.09 | 1.48 | 1.34 | 1.64 | 1.14 |
EBITDA | 519.4M | 379.12M | 562.62M | 481.73M | 386.14M | 343.24M | 385.79M | 315M | 328.54M | 240.4M | 308.67M | 278.87M | 334.38M | 269.77M | 356.18M | 321.75M | 408.96M | 286.55M |
EBIT | 472.3M | 332.82M | 516.08M | 437.48M | 342.03M | 298.41M | 340.45M | 270.37M | 284.36M | 196.98M | 267.17M | 239.37M | 292.74M | 228.56M | 315.12M | 282.67M | 371.17M | 249.66M |
Depreciation & Amortization | 47.1M | 46.3M | 46.54M | 44.26M | 44.11M | 44.83M | 45.34M | 44.63M | 44.19M | 43.41M | 41.5M | 39.5M | 41.64M | 41.21M | 41.06M | 39.08M | 37.79M | 36.89M |