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Income Statement - GARMIN LTD (GRMN)

$(Billion, Million)
Dec-25 Dec-24 Dec-23 Dec-22 Dec-21 Dec-20 Dec-19 Dec-18 Dec-17 Dec-16 Dec-15 Dec-14 Dec-13 Dec-12 Dec-11 Dec-10 Dec-09 Dec-08 Dec-07 Dec-06
Total revenue 7,245.52 6,296.90 5,228.25 4,860.29 4,982.80 4,186.57 3,757.51 3,347.44 3,087.00 3,018.67 2,820.27 2,870.66 2,631.85 2,715.68 2,758.57 2,689.91 2,946.44 3,494.08 3,180.32 1,774.00
Cost of revenue 2,989.22 2,600.35 2,223.30 2,053.51 2,092.34 1,705.24 1,523.53 1,367.73 1,303.84 1,339.10 1,281.57 1,266.25 1,224.55 1,277.20 1,419.98 1,343.54 1,502.33 1,940.56 1,717.06 891.61
Gross profit 4,256.30 3,696.56 3,004.96 2,806.78 2,890.46 2,481.34 2,233.98 1,979.72 1,783.16 1,679.57 1,538.70 1,604.41 1,407.30 1,438.48 1,338.59 1,346.37 1,444.11 1,553.52 1,463.26 882.39
Total operating expenses + 2,380.23 2,102.56 1,912.80 1,778.93 1,671.84 1,427.10 1,288.39 1,201.38 1,114.30 1,055.66 989.12 913.79 833.27 834.32 784.83 709.70 658.10 691.50 555.90 327.83
Operating income 1,876.08 1,593.99 1,092.16 1,027.85 1,218.62 1,054.24 945.59 778.34 668.86 623.91 549.58 690.63 574.03 604.16 553.77 636.68 786.01 862.02 907.35 554.56
Non-operating income (net) 138.46 101.41 108.20 37.13 -11.82 49.17 41.64 44.90 13.43 5.76 17.61 33.12 79.53 20.37 30.39 -59.40 22.64 52.35 70.92 40.00
Income before tax 2,014.54 1,695.40 1,200.36 1,064.97 1,206.80 1,103.41 987.22 823.25 682.29 629.67 567.19 723.75 653.56 624.53 584.16 577.27 808.65 914.37 978.27 594.55
Income tax expense 350.65 283.97 -89.28 91.39 124.60 111.09 34.74 129.17 -12.66 118.86 110.96 359.53 41.15 82.13 63.27 -7.33 104.70 181.52 123.26 80.43
Net income 1,663.89 1,411.44 1,289.64 973.59 1,082.20 992.32 952.49 694.08 694.96 510.81 456.23 364.21 612.41 542.40 520.90 584.60 703.95 732.85 855.01 514.12
Show Quarterly Income Statement

Income Statement - GARMIN LTD (GRMN)

$(Billion, Million)
Mar-26 Dec-25 Sep-25 Jun-25 Mar-25 Dec-24 Sep-24 Jun-24 Mar-24 Dec-23 Sep-23 Jun-23 Mar-23 Dec-22 Sep-22 Jun-22 Mar-22 Dec-21 Sep-21 Jun-21 Mar-21 Dec-20 Sep-20 Jun-20 Mar-20 Dec-19 Sep-19 Jun-19 Mar-19 Dec-18 Sep-18 Jun-18 Mar-18 Dec-17 Sep-17 Jun-17 Mar-17 Dec-16 Sep-16 Jun-16 Mar-16 Dec-15 Sep-15 Jun-15 Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Dec-13 Sep-13 Jun-13 Mar-13 Dec-12 Sep-12 Jun-12 Mar-12 Dec-11 Sep-11 Jun-11 Mar-11 Dec-10 Sep-10 Jun-10 Mar-10 Dec-09 Sep-09 Jun-09 Mar-09 Dec-08 Sep-08 Jun-08 Mar-08 Dec-07 Sep-07 Jun-07 Mar-07 Dec-06 Sep-06 Jun-06 Mar-06
Total revenue 1,753.49 2,124.96 1,770.90 1,814.56 1,535.10 1,822.56 1,586.02 1,506.67 1,381.65 1,482.50 1,277.53 1,320.80 1,147.42 1,306.36 1,140.43 1,240.83 1,172.66 1,391.59 1,191.97 1,326.91 1,072.33 1,351.41 1,109.19 869.87 856.11 1,102.23 934.38 954.84 766.05 932.11 810.01 894.45 710.87 888.50 743.08 816.89 638.55 860.77 722.25 811.61 624.04 781.36 679.69 773.83 585.39 803.31 706.28 777.85 583.22 759.69 643.64 696.56 531.96 768.55 672.38 718.15 556.60 909.64 666.99 674.10 507.83 837.72 692.36 728.77 431.07 1,059.38 781.25 669.10 436.70 1,048.25 870.36 911.67 663.81 1,217.02 728.67 742.47 492.16 611.22 408.00 432.47 322.31
Cost of revenue 711.20 866.70 724.41 747.55 650.55 742.64 634.42 643.78 579.51 618.35 548.96 561.35 494.63 561.39 469.94 512.01 510.18 619.48 496.03 546.05 430.77 560.42 441.21 354.44 349.17 462.78 366.93 379.48 314.35 382.94 329.26 371.18 284.34 388.98 309.41 339.03 266.42 389.99 316.27 348.65 284.19 368.21 317.50 354.58 241.27 372.46 308.04 333.36 252.39 365.06 290.75 312.92 255.82 394.69 313.32 296.34 272.84 475.86 322.66 352.00 269.46 457.92 348.34 337.11 200.16 572.62 371.51 317.49 240.70 617.61 484.72 494.54 343.69 708.04 386.82 367.80 254.41 306.77 209.14 216.18 159.52
Gross profit 1,042.29 1,258.26 1,046.49 1,067.01 884.55 1,079.93 951.60 862.89 802.14 864.15 728.57 759.44 652.79 744.97 670.50 728.83 662.48 772.11 695.95 780.85 641.56 790.98 667.98 515.43 506.94 639.46 567.46 575.37 451.70 549.17 480.75 523.27 426.54 499.52 433.67 477.86 372.12 470.78 405.98 462.96 339.85 413.14 362.19 419.25 344.12 430.85 398.25 444.49 330.83 394.64 352.89 383.64 276.13 373.85 359.06 421.81 283.76 433.79 344.33 322.10 238.37 379.79 344.02 391.65 230.91 486.76 409.74 351.61 196.00 430.63 385.64 417.13 320.12 508.99 341.85 374.67 237.75 304.45 198.86 216.28 162.79
Total operating expenses + 610.62 644.11 589.68 594.72 551.72 563.84 514.12 520.86 503.73 523.70 458.20 475.09 455.81 477.80 431.13 436.09 433.92 456.99 413.28 409.68 391.90 419.72 350.88 327.04 329.46 362.93 306.00 319.14 300.32 326.49 284.79 305.76 284.33 320.14 263.88 274.51 255.78 310.97 246.36 262.28 236.05 267.38 236.73 252.59 232.42 254.85 222.74 225.73 210.47 222.17 201.14 213.75 196.21 224.10 198.99 217.81 193.43 233.70 197.00 190.51 163.62 195.14 177.38 189.61 147.56 194.74 172.86 152.46 138.04 194.21 171.28 178.63 147.38 195.68 127.69 133.10 99.43 105.56 77.89 81.71 62.68
Operating income 431.67 614.15 456.80 472.30 332.82 516.08 437.48 342.03 298.41 340.45 270.37 284.36 196.98 267.17 239.37 292.74 228.56 315.12 282.67 371.17 249.66 371.27 317.10 188.39 177.48 276.52 261.46 256.22 151.38 222.67 195.96 217.51 142.20 179.38 169.79 203.35 116.35 159.82 159.62 200.67 103.80 145.76 125.46 166.66 111.70 176.00 175.50 218.75 120.37 172.47 151.75 169.89 79.93 149.76 160.06 204.01 90.33 200.09 147.33 131.59 74.75 184.65 166.64 202.04 83.35 292.02 236.88 199.15 57.96 236.42 214.36 238.50 172.73 313.30 214.16 241.57 138.32 198.90 120.97 134.58 100.11
Non-operating income (net) 40.86 21.23 53.02 7.96 56.25 0.06 48.78 23.95 28.63 42.58 9.20 31.62 24.79 62.70 -19.11 -13.77 7.31 -6.28 -7.28 0.89 0.86 20.20 19.62 9.20 0.15 10.89 -3.69 19.56 14.88 9.20 5.37 18.56 11.78 1.12 16.27 24.71 -28.65 8.74 -9.85 3.13 3.74 6.78 39.43 6.89 -35.50 23.90 -2.84 -10.03 22.10 32.07 9.05 36.70 1.71 5.15 2.57 3.43 9.22 -14.96 27.70 -4.52 22.17 -28.23 44.28 -37.63 -37.83 0.19 19.80 0.69 1.97 -32.07 -2.95 77.66 9.71 34.80 8.47 5.07 22.58 0.65 24.56 11.32 3.46
Income before tax 472.53 635.39 509.82 480.25 389.08 516.14 486.25 365.97 327.04 383.04 279.57 315.98 221.77 329.88 220.27 278.97 235.86 308.84 275.39 372.06 250.51 391.47 336.72 197.59 177.64 287.41 257.77 275.78 166.27 231.87 201.33 236.07 153.98 180.49 186.06 228.06 87.69 168.56 149.77 203.80 107.55 152.54 164.89 173.56 76.20 199.90 172.66 208.72 142.47 204.54 160.80 206.59 81.63 154.91 162.63 207.44 99.56 185.13 175.04 127.07 96.93 156.42 210.92 164.41 45.52 292.21 256.68 199.84 59.92 204.35 211.41 316.16 182.44 348.10 222.63 246.64 160.91 199.55 145.54 145.90 103.57
Income tax expense 67.45 106.71 108.21 79.43 56.31 80.41 87.14 65.34 51.08 -159.09 22.33 28.04 19.45 36.60 9.42 21.09 24.27 22.70 16.35 55.06 30.49 57.92 23.30 13.41 16.46 -73.38 29.90 52.12 26.09 41.72 17.11 45.73 24.61 41.71 38.64 57.11 -150.12 31.95 24.71 42.74 19.46 20.16 45.59 35.81 9.40 -10.35 319.50 26.74 23.65 40.95 -26.87 34.09 -7.03 25.62 22.28 21.53 12.70 19.57 24.66 17.60 1.44 23.52 -68.64 29.59 8.19 13.80 41.55 37.97 11.39 46.61 40.17 60.07 34.66 40.84 29.12 32.26 21.05 19.21 22.56 22.61 16.05
Net income 405.08 528.68 401.62 400.82 332.77 435.73 399.11 300.63 275.96 542.13 257.24 287.94 202.33 293.27 210.85 257.87 211.59 286.14 259.04 317.00 220.03 333.55 313.42 184.18 161.18 360.79 227.87 223.66 140.17 190.15 184.21 190.34 129.37 138.78 151.07 176.98 238.40 136.61 125.05 161.06 88.09 132.38 119.30 137.75 66.79 210.25 -146.83 181.98 118.82 163.59 187.67 172.49 88.67 129.29 140.35 185.90 86.86 165.56 150.38 109.48 95.48 132.91 279.55 134.82 37.33 278.41 215.13 161.87 48.54 157.73 171.24 256.09 147.78 307.27 193.51 214.38 139.86 180.35 122.98 123.29 87.52
about 8 hours ago