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TelegramQuarterly report 2025-Q2
added 07-30-2025
Garmin Ltd. Gross Profit 2011-2025 | GRMN
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit Garmin Ltd.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.7 B | 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 |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 3.7 B | 1.34 B | 2.14 B |
Quarterly Gross Profit Garmin Ltd.
| 2025-Q2 | 2025-Q1 | 2024-Q4 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.07 B | 885 M | - | 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 |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 1.07 B | 238 M | 526 M |
Gross Profit of other stocks in the Scientific technical instruments industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
FLIR Systems, Inc.
FLIR
|
947 M | - | - | $ 7.56 B |  USA |
 |
Electro-Sensors
ELSE
|
4.24 M | $ 4.45 | -0.6 % | $ 15.3 M | USA |
 |
Genasys
GNSS
|
10.2 M | $ 2.09 | -0.95 % | $ 92.6 M | USA |
 |
Bonso Electronics International
BNSO
|
7.12 M | - | -5.08 % | $ 5.44 M |  China |
 |
CyberOptics Corporation
CYBE
|
43.2 M | - | - | $ 401 M | USA |
 |
Image Sensing Systems, Inc.
ISNS
|
10.4 M | - | 2.38 % | $ 34.5 M | USA |
 |
MTS Systems Corporation
MTSC
|
288 M | - | - | $ 1.14 B | USA |
 |
FARO Technologies
FARO
|
187 M | - | - | $ 842 M | USA |
 |
Cognex Corporation
CGNX
|
626 M | $ 34.81 | -2.37 % | $ 5.97 B | USA |
 |
Itron
ITRI
|
839 M | $ 95.61 | -0.6 % | $ 4.34 B | USA |
 |
ESCO Technologies
ESE
|
304 M | $ 208.16 | 1.86 % | $ 5.37 B | USA |
 |
Fortive Corporation
FTV
|
3.73 B | $ 55.34 | 0.75 % | $ 19.3 B | USA |
 |
Keysight Technologies
KEYS
|
2.53 B | $ 207.19 | -0.74 % | $ 36.1 B | USA |
 |
MIND Technology
MIND
|
21 M | $ 8.18 | -3.55 % | $ 33.4 K | USA |
 |
Mesa Laboratories
MLAB
|
151 M | $ 78.07 | 0.39 % | $ 423 M | USA |
 |
MicroVision
MVIS
|
4.49 M | $ 0.87 | -7.43 % | $ 159 M | USA |
 |
Novanta
NOVT
|
422 M | $ 119.15 | 0.17 % | $ 4.28 B | USA |
 |
Luna Innovations Incorporated
LUNA
|
66.5 M | - | -58.85 % | $ 27.4 M | USA |
 |
Trimble
TRMB
|
2.4 B | $ 80.16 | -0.13 % | $ 19.7 B | USA |
 |
MKS Instruments
MKSI
|
1.71 B | $ 159.55 | 2.43 % | $ 10.7 B | USA |
 |
Vontier Corporation
VNT
|
1.19 B | $ 37.15 | 0.15 % | $ 5.68 B | USA |
 |
Energous Corporation
WATT
|
12 K | $ 5.08 | -5.05 % | $ 36.3 M | USA |
 |
Schmitt Industries
SMIT
|
5.07 M | - | 10.39 % | $ 1.62 M | USA |
 |
Sensata Technologies Holding plc
ST
|
1.18 B | $ 34.38 | -1.12 % | $ 5.17 B |  Niderland |
 |
Teledyne Technologies Incorporated
TDY
|
1.24 B | $ 512.91 | -0.93 % | $ 24.2 B | USA |
 |
Velodyne Lidar
VLDR
|
-5.91 M | - | - | $ 300 M | USA |
 |
Vishay Precision Group
VPG
|
126 M | $ 38.26 | -1.39 % | $ 511 M | USA |