Garmin Ltd. (GRMN)

NYSE: GRMN · Real-Time Price · USD

187.07

0.20 (0.11%)

At close: May 01, 2025, 3:59 PM

186.80

-0.15%

After-hours: May 01, 2025, 04:19 PM EDT

Garmin Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016
Revenue	6.3B	5.23B	4.86B	4.98B	4.19B	3.76B	3.35B	3.09B	3.02B
Cost of Revenue	2.6B	2.22B	2.05B	2.09B	1.71B	1.52B	1.37B	1.3B	1.34B
Gross Profit	3.7B	3B	2.81B	2.89B	2.48B	2.23B	1.98B	1.78B	1.68B
Operating Income	1.59B	1.09B	1.03B	1.22B	1.05B	945.59M	778.34M	668.86M	623.91M
Interest Income	113.52M	77.3M	40.83M	28.57M	37M	52.82M	47.15M	36.92M	33.41M
Pretax Income	1.7B	1.2B	1.06B	1.21B	1.1B	987.22M	823.25M	682.29M	629.67M
Net Income	1.41B	1.29B	973.59M	1.08B	992.32M	952.49M	694.08M	694.96M	510.81M
Selling & General & Admin	1.11B	1.01B	944M	831.82M	721.41M	683.02M	633.57M	602.67M	587.7M
Research & Development	993.6M	904.7M	834.93M	840.02M	705.68M	605.37M	567.8M	511.63M	467.96M
Other Expenses	n/a	n/a	7.58M	4.87M	9.34M	5.62M	5.37M	-912K	4.01M
Operating Expenses	2.1B	1.91B	1.78B	1.67B	1.43B	1.29B	1.2B	1.11B	1.06B
Interest Expense	n/a	n/a	40.83M	n/a	n/a	n/a	n/a	36.92M	33.41M
Selling & Marketing Expenses	n/a	173.11M	168.04M	171.83M	151.17M	164.46M	155.39M	164.69M	177.14M
Cost & Expenses	4.7B	4.14B	3.83B	3.76B	3.13B	2.81B	2.57B	2.42B	2.39B
Income Tax Expense	283.96M	-89.28M	91.39M	124.6M	111.09M	34.74M	129.17M	-12.66M	118.86M
Shares Outstanding (Basic)	192.14M	191.4M	192.54M	192.18M	191.09M	189.93M	188.63M	187.83M	188.82M
Shares Outstanding (Diluted)	193.47M	192.06M	193.04M	193.04M	191.9M	190.9M	189.73M	188.73M	189.34M
EPS (Basic)	7.35	6.74	5.06	5.63	5.19	5.01	3.68	3.70	2.71
EPS (Diluted)	7.30	6.71	5.04	5.61	5.17	4.99	3.66	3.68	2.70
EBITDA	1.77B	1.27B	1.19B	1.37B	1.18B	1.05B	874.54M	769.89M	719.2M
EBIT	1.59B	1.09B	1.03B	1.22B	1.05B	945.59M	778.34M	683.64M	632.86M
Depreciation & Amortization	179.74M	177.57M	163.85M	154.82M	126.72M	106.17M	96.19M	86.25M	86.34M