Garmin Ltd. (GRMN)
NYSE: GRMN
· Real-Time Price · USD
233.94
-1.12 (-0.48%)
At close: Aug 15, 2025, 10:14 AM
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 | 6.76B | 6.45B | 6.3B | 5.96B | 5.65B | 5.46B | 5.23B | 5.05B | 4.92B | 4.84B | 4.86B | 4.95B | 5B | 5.08B | 4.98B | 4.94B | 4.86B | 4.4B |
Cost of Revenue | 2.78B | 2.67B | 2.6B | 2.48B | 2.39B | 2.31B | 2.22B | 2.17B | 2.09B | 2.04B | 2.05B | 2.11B | 2.14B | 2.17B | 2.09B | 2.03B | 1.98B | 1.79B |
Gross Profit | 3.98B | 3.78B | 3.7B | 3.48B | 3.26B | 3.15B | 3B | 2.89B | 2.83B | 2.8B | 2.81B | 2.83B | 2.86B | 2.91B | 2.89B | 2.91B | 2.88B | 2.62B |
Operating Income | 1.76B | 1.63B | 1.59B | 1.42B | 1.25B | 1.19B | 1.09B | 1.02B | 987.88M | 996.27M | 1.03B | 1.08B | 1.12B | 1.2B | 1.22B | 1.27B | 1.31B | 1.13B |
Interest Income | 121.44M | 119M | 113.52M | 105.98M | 96.96M | 86.43M | 77.3M | 68.77M | 59.44M | 49.17M | 40.83M | 33.52M | 29.95M | 28.47M | 28.57M | 28.31M | 29.19M | 32.63M |
Pretax Income | 1.87B | 1.76B | 1.7B | 1.56B | 1.36B | 1.31B | 1.2B | 1.15B | 1.09B | 1.05B | 1.06B | 1.04B | 1.1B | 1.19B | 1.21B | 1.29B | 1.35B | 1.18B |
Net Income | 1.57B | 1.47B | 1.41B | 1.52B | 1.38B | 1.36B | 1.29B | 1.04B | 994.39M | 964.32M | 973.59M | 966.45M | 1.01B | 1.07B | 1.08B | 1.13B | 1.18B | 1.05B |
Selling & General & Admin | 1.17B | 1.13B | 1.11B | 1.09B | 1.06B | 1.03B | 1.01B | 983.73M | 969.54M | 953.41M | 944M | 917.13M | 893.92M | 868.05M | 831.82M | 816.65M | 793.43M | 746.03M |
Research & Development | 1.05B | 1.02B | 993.6M | 972.09M | 944.5M | 925.75M | 904.7M | 883.16M | 870.28M | 847.41M | 834.93M | 840.99M | 846.35M | 845.82M | 840.02M | 817.92M | 778.75M | 743.51M |
Other Expenses | n/a | -513K | 808K | 1.06M | 2M | 4.58M | 4.46M | 4.21M | 3.55M | 1.66M | 455K | 1.81M | 2.36M | 3.38M | 4.87M | 4.34M | 5.23M | 4.04M |
Operating Expenses | 2.22B | 2.15B | 2.1B | 2.06B | 2.01B | 1.96B | 1.91B | 1.87B | 1.84B | 1.8B | 1.78B | 1.76B | 1.74B | 1.71B | 1.67B | 1.63B | 1.57B | 1.49B |
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 | 61.26M | 96.42M | 142.76M | 173.11M | 169.51M | 167.24M | 164.25M | 168.04M | 171.5M | 175.32M | 174.9M | 171.83M | 171.84M | 169M | 155.35M |
Cost & Expenses | 5B | 4.82B | 4.7B | 4.54B | 4.4B | 4.27B | 4.14B | 4.03B | 3.93B | 3.84B | 3.83B | 3.87B | 3.88B | 3.89B | 3.76B | 3.67B | 3.55B | 3.28B |
Income Tax Expense | 303.28M | 289.19M | 283.96M | 44.47M | -20.34M | -57.65M | -89.28M | 106.41M | 93.5M | 86.56M | 91.39M | 77.49M | 84.41M | 118.38M | 124.6M | 159.81M | 166.76M | 125.11M |
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) | 8.16 | 7.65 | 7.36 | 7.92 | 7.18 | 7.12 | 6.74 | 5.44 | 5.19 | 5.02 | 5.06 | 5.02 | 5.28 | 5.59 | 5.64 | 5.89 | 6.18 | 5.49 |
EPS (Diluted) | 8.11 | 7.60 | 7.31 | 7.88 | 7.15 | 7.09 | 6.71 | 5.42 | 5.17 | 5.00 | 5.04 | 4.99 | 5.24 | 5.55 | 5.60 | 5.85 | 6.14 | 5.46 |
EBITDA | 1.94B | 1.81B | 1.77B | 1.6B | 1.43B | 1.37B | 1.27B | 1.19B | 1.16B | 1.16B | 1.19B | 1.24B | 1.28B | 1.36B | 1.37B | 1.43B | 1.45B | 1.26B |
EBIT | 1.76B | 1.63B | 1.59B | 1.42B | 1.25B | 1.19B | 1.09B | 1.02B | 987.88M | 996.27M | 1.03B | 1.08B | 1.12B | 1.2B | 1.22B | 1.27B | 1.31B | 1.13B |
Depreciation & Amortization | 184.2M | 181.21M | 179.74M | 178.53M | 178.91M | 178.98M | 177.57M | 173.73M | 168.6M | 166.06M | 163.85M | 163.41M | 163M | 159.14M | 154.82M | 150.36M | 143.86M | 135.4M |