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Garmin Ltd. GRMN
$ 135.06 0.77%

Quarterly report 2024-Q3
added 10-30-2024

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Garmin Ltd. Income Statement 2011-2024 | GRMN

Annual Income Statement Garmin Ltd.

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

25.9 M 26 M 21.2 M 23.4 M 18.7 B 12.8 B 12 B 8.93 B 6.36 B 10.5 B 8.77 B 7.53 B 7.93 B

Shares

191 K 193 K 192 K 191 K 190 M 189 M 188 M 188 M 192 M 194 M 194 M 195 M 194 M

Historical Prices

135 135 110 122 84.8 78.4 52.6 43.6 32.1 37.7 39.4 24.1 31.7

Net Income

1.29 B 974 M 1.08 B 992 M 952 M 694 M 709 M 518 M 456 M 364 M 612 M 542 M 521 M

Revenue

5.23 B 4.86 B 4.98 B 4.19 B 3.76 B 3.35 B 3.12 B 3.05 B 2.82 B 2.87 B 2.63 B 2.72 B 2.76 B

Cost of Revenue

2.22 B 2.05 B 2.09 B 1.71 B 1.52 B 1.37 B 1.32 B 1.36 B 1.28 B 1.27 B 1.22 B - -

Gross Profit

3 B 2.81 B 2.89 B 2.48 B 2.23 B 1.98 B 1.8 B 1.69 B 1.54 B 1.6 B 1.41 B 1.44 B 1.34 B

Operating Income

1.09 B 1.03 B 1.22 B 1.05 B 946 M 778 M 684 M 633 M 550 M 691 M 574 M 604 M 554 M

Interest Expense

4.46 M 7.58 M 4.87 M 9.34 M 5.62 M 5.37 M -912 K - - 1.83 M 8.72 M 5.28 M 9.68 M

EBITDA

1.22 B 1.15 B 1.32 B 1.13 B 1.05 B 875 M 770 M 719 M 628 M 768 M 659 M 695 M 648 M

Operating Expenses

1.91 B 1.78 B 1.67 B 1.43 B 1.29 B 1.2 B 1.11 B 1.06 B 989 M 914 M 827 M 834 M 785 M

General and Administrative Expenses

835 M 776 M 721 M 624 M 683 M 634 M 603 M 588 M 562 M 519 M 468 M 508 M 486 M

All numbers in USD currency

Quarterly Income Statement Garmin Ltd.

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

192 M 192 M 192 M 192 M 191 M 191 M 191 M 192 M 193 M 193 M 193 M 193 M 192 M 192 M 192 M 192 M 191 M 191 M 191 M 191 M 190 M 190 M 190 M 189 M 189 M 189 M 188 K 188 K 188 M 188 M 188 M 189 K 189 K 189 K 189 K 190 K 190 M 191 M 192 M 192 K 192 K 194 K 195 M 195 K 195 M 196 K 196 K 196 M 195 K 195 K 195 K 195 M 194 M 194 M 194 M

Net Income

399 M 301 M 276 M - 257 M 288 M 202 M - 211 M 258 M 212 M - 259 M 317 M 220 M 334 M 313 M 184 M 161 M 361 M 228 M 224 M 140 M 190 M 184 M 190 M 129 M 143 M 151 M 177 M 238 M 137 M 125 M 161 M 88.1 M 132 M 119 M 138 M 66.8 M 210 M -147 M 182 M 119 M 164 M 188 M 172 M 88.7 M 129 M 140 M 186 M 86.9 M 166 M 150 M 109 M 95.5 M

Revenue

1.59 B 1.51 B 1.38 B - 1.28 B 1.32 B 1.15 B - 1.14 B 1.24 B 1.17 B - 1.19 B 1.33 B 1.07 B 1.35 B 1.11 B 870 M 856 M 1.1 B 934 M 955 M 766 M 932 M 810 M 894 M 711 M 888 M 743 M 817 M 642 M 861 M 722 M 812 M 624 M 781 M 680 M 774 M 585 M 803 M 706 M 778 M 583 M 760 M 644 M 697 M 532 M 769 M 672 M 718 M 557 M 910 M 667 M 674 M 508 M

Cost of Revenue

634 M 644 M 580 M - 549 M 561 M 495 M - 470 M 512 M 510 M - 496 M 546 M 431 M - 441 M 354 M 349 M - 367 M 379 M 314 M - 329 M 371 M 284 M - 314 M 347 M 269 M - 316 M 349 M 284 M - 318 M 355 M 241 M - 308 M - - - - - - - - - - - - - 269 M

Gross Profit

952 M 863 M 802 M - 729 M 759 M 653 M - 670 M 729 M 662 M - 696 M 781 M 642 M 791 M 668 M 515 M 507 M 639 M 567 M 575 M 452 M 549 M 481 M 523 M 427 M 503 M 438 M 484 M 373 M 471 M 406 M 463 M 340 M 413 M 362 M 419 M 344 M 431 M 398 M 444 M 331 M 395 M 353 M 384 M 276 M 374 M 359 M 422 M 284 M 434 M 344 M 322 M 238 M

Operating Income

437 M 342 M 298 M - 270 M 284 M 197 M - 239 M 293 M 229 M - 283 M 371 M 250 M - 317 M 188 M 177 M - 261 M 256 M 151 M - 196 M 218 M 142 M - 174 M 210 M 117 M - 160 M 201 M 104 M - 125 M 167 M 112 M - 176 M 219 M 120 M - 152 M 170 M 79.9 M - 160 M 204 M 90.3 M - 147 M 132 M 74.8 M

Interest Expense

1.81 M -513 K 1.32 M - 938 K 2.06 M 1.2 M - 285 K 170 K 3.26 M - 833 K 1.2 M 1.48 M - 1.73 M 3.24 M 3.55 M - 294 K 2.41 M 864 K - - - - - - - - - - - - - - -39 K 738 K - 517 K 674 K -484 K - 1.44 M 1.07 M 1.16 M - 942 K 2.58 M 1.54 M - 4.34 M 2.45 M 2.82 M

EBITDA

- - 332 M - - - 229 M - 327 M 293 M 258 M - 358 M 371 M 274 M - 374 M 225 M 196 M - 314 M 291 M 168 M - 244 M 249 M 158 M - 218 M 239 M 132 M - 200 M 227 M 117 M - 163 M 192 M 124 M - 211 M 242 M 132 M - 189 M 195 M 92.5 M - 200 M 231 M 104 M - 188 M 159 M 88.6 M

Operating Expenses

514 M 521 M 504 M - 458 M 475 M 456 M - 431 M 436 M 434 M - 413 M 410 M 392 M - 351 M 327 M 329 M - 306 M 319 M 300 M - 285 M 306 M 284 M - 264 M 275 M 256 M - 246 M 262 M 236 M - 237 M 253 M 232 M - 223 M 226 M 210 M - 201 M 214 M 196 M - 199 M 218 M 193 M - 197 M 191 M 164 M

General and Administrative Expenses

265 M 278 M 261 M - 237 M 251 M 234 M - 190 M 191 M 191 M - 178 M 166 M 172 M - 142 M 132 M 137 M - 125 M 129 M 127 M - 115 M 120 M 117 M - 102 M 105 M 102 M - 97 M 104 M 95.6 M - 94.1 M 97.6 M 98.8 M - 90.6 M 92.4 M 89.9 M - 86.5 M 88 M 86.3 M - 86.4 M 99.2 M 90.1 M - 88.8 M 85.9 M 73.2 M

All numbers in USD currency