Garmin Ltd. Operating Income 2011-2026 | GRMN

Operating profit (also called operating income or profit from core activities) is a financial metric that reflects a company's profit from its main operational activities before interest expenses and taxes are taken into account.

Formula

Operating profit = Revenue – Operating expenses

Features of the metric

Evaluates business efficiency
Shows how well the company controls its production and administrative costs.
Independent of financial structure
Excludes the impact of debt burden (interest) and taxes, allowing objective comparison of companies.
Main source for growth
High operating profit provides resources for investments, business expansion, and increased competitiveness.

If a company shows strong operating profit, it signals to investors that the core business is operating efficiently, even if net profit is temporarily reduced due to debt or tax burden.

Annual Operating Income Garmin Ltd.

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
1.88 B	1.59 B	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

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
1.88 B	550 M	925 M

Quarterly Operating Income Garmin Ltd.

2026-Q1	2025-Q4	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
432 M	-	472 M	333 M	-	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

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
472 M	74.8 M	216 M

Operating Income of other stocks in the Scientific technical instruments industry

Issuer	Operating Income	Price	% 24h	Market Cap	Country
Bonso Electronics International BNSO	-2.22 M	-	-5.08 %	$ 5.44 M	China
ESCO Technologies ESE	170 M	$ 293.27	-1.07 %	$ 7.57 B	USA
Genasys GNSS	-16.8 M	$ 1.91	0.53 %	$ 86.1 M	USA
Cognex Corporation CGNX	163 M	$ 64.27	1.56 %	$ 10.8 B	USA
CyberOptics Corporation CYBE	14.3 M	-	-	$ 401 M	USA
Electro-Sensors ELSE	2 K	$ 7.67	-0.07 %	$ 26.5 M	USA
MKS Instruments MKSI	528 M	$ 313.16	0.53 %	$ 21.1 B	USA
FARO Technologies FARO	3.33 M	-	-	$ 842 M	USA
Fortive Corporation FTV	226 M	$ 59.02	-0.02 %	$ 19.6 B	USA
Itron ITRI	313 M	$ 81.85	0.61 %	$ 3.72 B	USA
Keysight Technologies KEYS	833 M	$ 337.55	-1.32 %	$ 58.7 B	USA
Energous Corporation WATT	-10 M	$ 28.84	14.13 %	$ 42.8 M	USA
Luna Innovations Incorporated LUNA	-1.88 M	-	-58.85 %	$ 27.4 M	USA
MIND Technology MIND	2.86 M	$ 6.94	-0.57 %	$ 57.3 M	USA
Trimble TRMB	592 M	$ 55.97	-	$ 13.4 B	USA
Vontier Corporation VNT	562 M	$ 28.92	1.76 %	$ 4.24 B	USA
Novanta NOVT	94 M	$ 154.88	0.83 %	$ 5.67 B	USA
Teledyne Technologies Incorporated TDY	1.15 B	$ 607.12	-1.15 %	$ 28.4 B	USA
Sensata Technologies Holding plc ST	238 M	$ 47.46	-0.61 %	$ 6.95 B	Niderland
Schmitt Industries SMIT	-10.6 M	-	10.39 %	$ 1.62 M	USA
Vishay Precision Group VPG	13.8 M	$ 104.04	3.31 %	$ 1.38 B	USA
Velodyne Lidar VLDR	-222 M	-	-	$ 300 M	USA
Mesa Laboratories MLAB	16.3 M	$ 109.11	4.91 %	$ 591 M	USA
MicroVision MVIS	-82.8 M	$ 0.6	1.93 %	$ 164 M	USA