Garmin Quarterly Income Statements Chart
Quarterly
|
Annual
Garmin Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-28 | 2025-03-29 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-09-24 | 2022-06-25 | 2022-03-26 | 2021-09-25 | 2021-06-26 | 2021-03-27 | 2020-12-26 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-03-30 | 2018-12-29 | 2018-09-29 | 2018-06-30 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-09-24 | 2016-06-25 | 2016-03-26 | 2015-12-26 | 2015-09-26 | 2015-06-27 | 2015-03-28 | 2014-12-27 | 2014-09-27 | 2014-06-28 | 2013-12-28 | 2011-09-24 | 2011-06-25 | 2011-03-26 | 2010-09-25 | 2010-06-26 | 2010-03-27 | 2009-12-26 | 2009-09-26 | 2009-06-27 | 2009-03-28 | 2008-12-27 | 2008-09-27 | 2008-06-28 | 2008-03-29 | 2007-09-29 | 2007-06-30 | 2007-03-31 | 2006-12-30 | 2006-09-30 | 2006-04-01 | 2005-09-24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| net sales | 1,814,564,000 | 1,535,099,000 | 1,586,022,000 | 1,506,671,000 | 1,381,649,000 | 1,277,531,000 | 1,320,795,000 | 1,147,424,000 | 1,140,434,000 | 1,240,833,000 | 1,172,662,000 | 1,191,973,000 | 1,326,905,000 | 1,072,327,000 | 1,109,194,000 | 869,867,000 | 856,108,000 | -934,283,000 | 934,383,000 | 766,050,000 | 2,537,433,000 | 810,011,000 | 894,452,000 | 710,872,000 | 743,077,000 | 816,885,000 | 638,546,000 | 2,296,415,000 | 722,250,000 | 811,609,000 | 624,040,000 | 2,140,580,000 | 679,690,000 | 773,830,000 | 585,394,000 | 2,164,375,000 | 706,283,000 | 777,848,000 | 1,964,858,000 | 666,993,000 | 674,099,000 | 507,834,000 | 692,364,000 | 728,765,000 | 431,067,000 | 2,165,186,000 | 781,254,000 | 669,104,000 | 436,699,000 | 2,623,722,000 | 870,355,000 | 911,671,000 | 663,805,000 | 728,673,000 | 742,466,000 | 492,159,000 | 1,366,003,000 | 407,997,000 | 322,311,000 | 251,329,000 | ||
| cost of goods sold | 747,552,000 | 650,554,000 | 634,423,000 | 643,780,000 | 579,510,000 | 548,962,000 | 561,353,000 | 494,630,000 | 469,935,000 | 512,007,000 | 510,183,000 | 496,026,000 | 546,054,000 | 430,771,000 | 441,211,000 | 354,437,000 | 349,168,000 | -366,884,000 | 366,925,000 | 314,352,000 | 1,038,461,000 | 329,264,000 | 371,182,000 | 284,337,000 | 309,412,000 | 339,027,000 | 266,423,000 | 1,022,825,000 | 316,270,000 | 348,651,000 | 284,190,000 | 964,066,000 | 317,500,000 | 354,580,000 | 241,272,000 | 958,209,000 | 308,037,000 | 333,363,000 | 901,889,000 | 322,662,000 | 351,999,000 | 269,460,000 | 348,344,000 | 337,113,000 | 200,158,000 | 1,130,817,000 | 371,512,000 | 317,490,000 | 240,704,000 | 1,455,846,000 | 484,716,000 | 494,543,000 | 343,690,000 | 386,822,000 | 367,799,000 | 254,407,000 | 682,477,000 | 209,137,000 | 159,521,000 | 121,877,000 | ||
| gross profit | 1,067,012,000 | 884,545,000 | 951,599,000 | 862,891,000 | 802,139,000 | 728,569,000 | 759,442,000 | 652,794,000 | 670,499,000 | 728,826,000 | 662,479,000 | 695,947,000 | 780,851,000 | 641,556,000 | 667,983,000 | 515,430,000 | 506,940,000 | -567,399,000 | 567,458,000 | 451,698,000 | 1,498,972,000 | 480,747,000 | 523,270,000 | 426,535,000 | 433,665,000 | 477,858,000 | 372,123,000 | 1,273,590,000 | 405,980,000 | 462,958,000 | 339,850,000 | 1,176,514,000 | 362,190,000 | 419,250,000 | 344,122,000 | 1,206,166,000 | 398,246,000 | 444,485,000 | 1,062,969,000 | 344,331,000 | 322,100,000 | 238,374,000 | 344,020,000 | 391,652,000 | 230,909,000 | 1,034,369,000 | 409,742,000 | 351,614,000 | 195,995,000 | 1,167,876,000 | 385,639,000 | 417,128,000 | 320,115,000 | 341,851,000 | 374,667,000 | 237,752,000 | 683,526,000 | 198,860,000 | 162,790,000 | 129,452,000 | ||
| yoy | 33.02% | 21.41% | 25.30% | 32.18% | 19.63% | -0.04% | 14.64% | -6.20% | -14.13% | 13.60% | 4.19% | 51.50% | 26.55% | 17.71% | 14.11% | -66.18% | -218.02% | 8.44% | 5.90% | 10.86% | 9.50% | 14.62% | 6.82% | 3.22% | 9.50% | 8.25% | 12.09% | 10.43% | -1.24% | -2.46% | -9.05% | -5.68% | -67.63% | 250.29% | 23.64% | 86.47% | 208.98% | -12.08% | 39.49% | -76.95% | -16.04% | 11.39% | 17.81% | -11.43% | 6.25% | -15.71% | -38.77% | 241.63% | 2.93% | 75.45% | -53.17% | 71.91% | 130.15% | 83.66% | ||||||||
| qoq | 20.63% | -7.05% | 10.28% | 7.57% | 10.10% | -4.07% | 16.34% | -2.64% | -8.00% | 10.01% | -4.81% | -10.87% | 21.71% | 29.60% | 1.67% | -189.34% | -199.99% | 25.63% | -69.87% | 211.80% | -8.13% | 22.68% | -9.25% | 28.41% | -70.78% | 213.71% | -12.31% | 36.22% | -71.11% | 224.83% | -13.61% | 21.83% | -71.47% | 202.87% | -10.40% | -58.18% | 208.71% | 6.90% | 35.12% | -30.71% | -12.16% | 69.61% | -77.68% | 152.44% | 16.53% | 79.40% | -83.22% | 202.84% | -7.55% | 30.31% | -6.36% | -8.76% | 57.59% | -65.22% | 243.72% | 22.16% | 25.75% | |||||
| gross margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| research and development expense | 276,663,000 | 268,120,000 | 249,162,000 | 243,151,000 | 242,535,000 | 221,572,000 | 224,394,000 | 221,485,000 | 208,692,000 | 201,518,000 | 209,006,000 | 214,057,000 | 200,981,000 | 203,214,000 | 174,882,000 | 165,740,000 | 165,392,000 | 37,140,250 | 148,561,000 | 145,919,000 | 428,826,000 | 138,979,000 | 141,713,000 | 141,957,000 | 129,632,000 | 127,248,000 | 122,202,000 | 351,511,000 | 116,449,000 | 114,355,000 | 108,204,000 | 321,254,000 | 105,789,000 | 109,240,000 | 106,002,000 | 296,123,000 | 98,998,000 | 98,404,000 | 18,234,000 | 72,936,000 | 70,515,000 | 70,478,000 | 69,512,000 | 73,337,000 | 62,483,000 | 13,876,750 | 55,507,000 | 56,253,000 | 55,034,000 | 13,187,250 | 52,749,000 | 53,597,000 | 49,558,000 | 37,727,000 | 7,599,750 | 30,399,000 | 20,116,000 | |||||
| selling, general and administrative expenses | 318,054,000 | 283,601,000 | 264,962,000 | 277,713,000 | 261,194,000 | 201,470,000 | 204,349,000 | 203,980,000 | 189,546,000 | 191,211,000 | 190,784,000 | 162,515,000 | 165,759,000 | 157,622,000 | 142,134,000 | 132,016,000 | 137,186,000 | 95,373,000 | 11,872,250 | 47,489,000 | 24,180,000 | |||||||||||||||||||||||||||||||||||||||||
| total operating expense | 594,717,000 | 551,721,000 | 514,124,000 | 520,864,000 | 503,729,000 | 458,200,000 | 475,087,000 | 455,812,000 | 431,126,000 | 436,086,000 | 433,923,000 | 413,277,000 | 409,679,000 | 391,897,000 | 350,882,000 | 327,041,000 | 329,458,000 | 76,499,500 | 305,998,000 | 300,315,000 | 71,197,000 | 284,788,000 | 305,762,000 | 284,333,000 | 263,875,000 | 274,508,000 | 255,778,000 | 61,591,000 | 246,364,000 | 262,284,000 | 236,047,000 | 59,183,250 | 236,733,000 | 252,586,000 | 232,424,000 | 55,685,500 | 222,742,000 | 225,731,000 | 49,249,250 | 196,997,000 | 190,509,000 | 163,621,000 | 177,383,000 | 189,609,000 | 147,561,000 | 43,214,750 | 172,859,000 | 152,462,000 | 138,036,000 | |||||||||||||
| operating income | 472,295,000 | 332,824,000 | 437,475,000 | 342,027,000 | 298,410,000 | 270,369,000 | 284,355,000 | 196,982,000 | 239,373,000 | 292,740,000 | 228,556,000 | 282,670,000 | 371,172,000 | 249,659,000 | 317,101,000 | 188,389,000 | 177,482,000 | -261,435,000 | 261,460,000 | 151,383,000 | 582,384,000 | 195,959,000 | 217,508,000 | 142,202,000 | 169,790,000 | 203,350,000 | 116,345,000 | 464,293,000 | 159,616,000 | 200,674,000 | 103,803,000 | 424,124,000 | 125,457,000 | 166,664,000 | 111,698,000 | 515,122,000 | 175,504,000 | 218,754,000 | 426,698,000 | 147,334,000 | 131,591,000 | 74,753,000 | 166,637,000 | 202,043,000 | 83,348,000 | 549,127,000 | 236,883,000 | 199,152,000 | 57,959,000 | 647,654,000 | 214,363,000 | 238,503,000 | 172,732,000 | 214,157,000 | 241,567,000 | 138,324,000 | 433,587,000 | 120,972,000 | 100,113,000 | 85,156,000 | ||
| yoy | 58.27% | 23.10% | 53.85% | 73.63% | 24.66% | -7.64% | 24.41% | -30.31% | -35.51% | 17.26% | -10.86% | 97.02% | 40.67% | 21.28% | 24.45% | -69.52% | -233.41% | 20.21% | 6.46% | 15.41% | 6.96% | 22.22% | 6.37% | 1.33% | 12.08% | 9.47% | 27.23% | 20.41% | -7.07% | -17.67% | -28.52% | -23.81% | -73.82% | 249.63% | 33.37% | 192.64% | 156.06% | -27.08% | 57.88% | -86.39% | -29.65% | 1.45% | 43.81% | -15.21% | 10.51% | -16.50% | -66.45% | 202.42% | -11.26% | 72.42% | -60.16% | 77.03% | 141.29% | 62.44% | ||||||||
| qoq | 41.91% | -23.92% | 27.91% | 14.62% | 10.37% | -4.92% | 44.36% | -17.71% | -18.23% | 28.08% | -19.14% | -23.84% | 48.67% | 68.32% | 6.15% | -167.89% | -199.99% | 72.71% | -74.01% | 197.20% | -9.91% | 52.96% | -16.50% | 74.78% | -74.94% | 190.88% | -20.46% | 93.32% | -75.53% | 238.06% | -24.72% | 49.21% | -78.32% | 193.51% | -19.77% | -48.73% | 189.61% | 11.96% | 76.03% | -55.14% | -17.52% | 142.41% | -84.82% | 131.81% | 18.95% | 243.61% | -91.05% | 202.13% | -10.12% | 38.08% | -19.34% | -11.35% | 74.64% | -68.10% | 258.42% | 20.84% | 17.56% | |||||
| operating margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| interest income | 31,724,000 | 30,507,000 | 28,830,000 | 29,286,000 | 25,027,000 | 19,803,000 | 18,760,000 | 15,899,000 | 10,472,000 | 8,495,000 | 7,553,000 | 6,897,000 | 7,018,000 | 7,652,000 | 7,777,000 | 10,455,000 | 12,026,000 | 3,077,250 | 12,309,000 | 13,704,000 | 36,058,000 | 11,089,000 | 10,995,000 | 10,227,000 | 9,207,000 | 9,281,000 | 8,444,000 | 25,180,000 | 8,226,000 | 8,455,000 | 7,428,000 | 22,802,000 | 6,851,000 | 7,420,000 | 8,024,000 | 26,240,000 | 9,344,000 | 9,670,000 | 2,116,000 | 8,464,000 | 7,639,000 | 7,214,000 | 5,695,000 | 5,791,000 | 6,879,000 | 1,590,000 | 6,360,000 | 5,190,000 | 5,097,000 | 2,192,500 | 8,770,000 | 9,656,000 | 8,404,000 | 11,798,000 | 10,841,000 | 9,359,000 | 2,405,500 | 9,622,000 | 7,305,000 | 4,726,000 | ||
| foreign currency gains | -23,512,000 | 24,760,000 | 18,131,000 | -4,828,000 | 2,282,000 | -11,539,000 | 10,797,000 | 7,688,000 | -15,014,000 | 10,113,000 | -4,493,000 | -15,423,000 | 314,000 | -1,717,000 | -6,868,000 | 2,647,000 | 816,000 | 8,579,000 | 15,110,000 | -4,855,250 | -19,421,000 | -54,038,000 | 30,573,000 | -487,000 | -44,264,000 | 8,404,000 | -12,703,000 | -20,378,000 | 3,723,250 | 14,893,000 | -14,611,000 | 12,140,000 | 35,527,000 | |||||||||||||||||||||||||||||
| other income | -256,000 | 987,000 | 1,814,000 | -513,000 | 1,321,000 | 938,000 | 2,064,000 | 1,203,000 | 285,000 | 170,000 | 3,261,000 | 833,000 | 1,195,000 | 1,484,000 | 1,726,000 | 3,241,000 | 3,550,000 | -293,000 | 294,000 | 864,000 | 4,226,000 | 1,147,000 | 4,918,000 | 735,000 | -1,520,000 | 314,000 | 400,000 | 336,000 | 1,344,000 | 415,000 | 1,155,000 | 502,500 | 2,010,000 | -39,000 | ||||||||||||||||||||||||||||
| total other income | 7,956,000 | 56,254,000 | 48,775,000 | 23,945,000 | 28,630,000 | 9,202,000 | 31,621,000 | 24,790,000 | -19,106,000 | -13,774,000 | 7,308,000 | -7,284,000 | 887,000 | 855,000 | 19,616,000 | 9,203,000 | -923,250 | -3,693,000 | 14,882,000 | 1,342,000 | 5,368,000 | 18,560,000 | 11,778,000 | 16,266,000 | 24,705,000 | -28,653,000 | -2,462,750 | -9,851,000 | 3,127,000 | 3,744,000 | 9,858,500 | 39,434,000 | 6,894,000 | -35,502,000 | -710,500 | -2,842,000 | -10,034,000 | 6,925,500 | 27,702,000 | -4,519,000 | 22,173,000 | 44,279,000 | -37,634,000 | -37,825,000 | 4,949,000 | 19,796,000 | 689,000 | 1,965,000 | ||||||||||||||
| income before income taxes | 480,251,000 | 389,078,000 | 486,250,000 | 365,972,000 | 327,040,000 | 279,571,000 | 315,976,000 | 221,772,000 | 220,267,000 | 278,966,000 | 235,864,000 | 275,386,000 | 372,059,000 | 250,514,000 | 336,717,000 | 197,592,000 | 177,635,000 | -257,741,000 | 257,767,000 | 166,265,000 | 621,920,000 | 201,327,000 | 236,068,000 | 153,980,000 | 186,056,000 | 228,055,000 | 87,692,000 | 479,905,000 | 149,765,000 | 203,801,000 | 107,547,000 | 402,296,000 | 164,891,000 | 173,558,000 | 76,196,000 | 551,083,000 | 172,662,000 | 208,720,000 | 478,522,000 | 175,036,000 | 127,072,000 | 96,926,000 | 210,916,000 | 164,409,000 | 45,523,000 | 551,972,000 | 256,679,000 | 199,841,000 | 59,924,000 | 702,954,000 | 211,412,000 | 316,163,000 | 182,443,000 | 222,626,000 | 246,637,000 | 160,907,000 | 449,018,000 | 145,536,000 | 103,569,000 | 126,127,000 | ||
| income tax provision | 79,429,000 | 56,309,000 | 87,139,000 | 65,342,000 | 51,079,000 | 22,328,000 | 28,037,000 | 19,445,000 | 9,419,000 | 21,093,000 | 24,272,000 | 16,347,000 | 55,062,000 | 30,485,000 | 23,300,000 | 13,412,000 | 16,455,000 | 7,475,250 | 29,901,000 | 26,092,000 | 6,177,750 | 24,711,000 | 42,737,000 | 19,455,000 | 11,398,000 | 45,592,000 | 35,805,000 | 9,403,000 | 26,737,000 | 17,595,000 | 1,444,000 | 29,593,000 | 8,194,000 | 63,155,000 | 41,546,000 | 37,970,000 | 11,386,000 | 141,350,000 | 40,168,000 | 60,071,000 | 34,664,000 | 29,119,000 | 32,260,000 | 21,047,000 | 57,873,000 | 22,558,000 | 16,053,000 | 23,637,000 | ||||||||||||||
| net income | 400,822,000 | 332,769,000 | 399,111,000 | 300,630,000 | 275,961,000 | 257,243,000 | 287,939,000 | 202,327,000 | 210,848,000 | 257,873,000 | 211,592,000 | 259,039,000 | 316,997,000 | 220,029,000 | 313,417,000 | 184,180,000 | 161,180,000 | -227,841,000 | 227,866,000 | 140,173,000 | 509,866,000 | 184,214,000 | 190,342,000 | 129,374,000 | 147,413,000 | 170,950,000 | 237,812,000 | 385,760,000 | 125,054,000 | 161,064,000 | 88,092,000 | 336,928,000 | 119,299,000 | 137,753,000 | 66,793,000 | 511,045,000 | -146,834,000 | 181,983,000 | 462,031,000 | 150,381,000 | 109,477,000 | 95,482,000 | 279,552,000 | 134,816,000 | 37,329,000 | 488,817,000 | 215,133,000 | 161,871,000 | 48,538,000 | 561,604,000 | 171,244,000 | 256,092,000 | 147,779,000 | 193,507,000 | 214,377,000 | 139,860,000 | 391,145,000 | 122,978,000 | 87,516,000 | 102,490,000 | ||
| yoy | 45.25% | 29.36% | 38.61% | 48.59% | 30.88% | -0.24% | 36.08% | -21.89% | -33.49% | 17.20% | -17.35% | 72.11% | 36.51% | 37.54% | 31.39% | -68.39% | -223.68% | 19.71% | 8.35% | 24.96% | 11.34% | -45.60% | 17.88% | 6.14% | 169.96% | 14.49% | 4.82% | 16.92% | 31.89% | -34.07% | -181.25% | -24.30% | -85.54% | 239.83% | -234.12% | 90.59% | 65.28% | 11.55% | 193.28% | -80.47% | 29.94% | -16.71% | -23.09% | -12.96% | 25.63% | -36.79% | -67.16% | 190.22% | -20.12% | 83.11% | -62.22% | 57.35% | 144.96% | 36.46% | ||||||||
| qoq | 20.45% | -16.62% | 32.76% | 8.94% | 7.28% | -10.66% | 42.31% | -4.04% | -18.24% | 21.87% | -18.32% | -18.28% | 44.07% | 70.17% | 14.27% | -170.74% | -199.99% | 62.56% | -72.51% | 176.78% | -3.22% | 47.13% | -13.77% | -28.12% | -38.35% | 208.47% | -22.36% | 82.84% | -73.85% | 182.42% | -13.40% | 106.24% | -86.93% | -448.04% | -180.69% | -60.61% | 207.24% | 37.36% | 14.66% | -65.84% | 107.36% | 261.16% | -92.36% | 127.22% | 32.90% | 233.49% | -91.36% | 227.96% | -33.13% | 73.29% | -23.63% | -9.74% | 53.28% | -64.24% | 218.06% | 40.52% | -14.61% | |||||
| net income margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 2.08 | 1.73 | 2.08 | 1.57 | 1.44 | 1.34 | 1.51 | 1.06 | 1.09 | 1.34 | 1.1 | 1.35 | 1.65 | 1.15 | 1.64 | 0.96 | 0.84 | 0.3 | 1.2 | 0.74 | 0.245 | 0.98 | 1.01 | 0.69 | 0.79 | 0.91 | 1.26 | 0.165 | 0.66 | 0.85 | 0.46 | 0.158 | 0.63 | 0.72 | 0.35 | -0.19 | -0.76 | 0.94 | 2.36 | 0.77 | 0.56 | 0.49 | 1.44 | 0.68 | 0.19 | 2.44 | 1.07 | 0.81 | 0.24 | 2.68 | 0.83 | 1.2 | 0.68 | 0.89 | 0.99 | 0.65 | 1.81 | 0.57 | 0.81 | 0.95 | ||
| diluted | 2.07 | 1.72 | 2.07 | 1.56 | 1.43 | 1.34 | 1.5 | 1.05 | 1.09 | 1.33 | 1.09 | 1.34 | 1.64 | 1.14 | 1.63 | 0.96 | 0.84 | 0.298 | 1.19 | 0.74 | 0.243 | 0.97 | 1 | 0.68 | 0.78 | 0.91 | 1.26 | 0.165 | 0.66 | 0.85 | 0.46 | 0.158 | 0.63 | 0.72 | 0.35 | -0.19 | -0.76 | 0.93 | 2.35 | 0.77 | 0.56 | 0.49 | 1.43 | 0.67 | 0.19 | 2.43 | 1.07 | 0.81 | 0.24 | 2.66 | 0.82 | 1.19 | 0.67 | 0.88 | 0.98 | 0.64 | 1.79 | 0.56 | 0.8 | 0.94 | ||
| weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 192,523 | 192,544 | 192,201 | 192,074 | 191,890 | 191,435 | 191,293 | 191,498 | 192,672 | 193,074 | 192,887 | 192,322 | 192,150 | 191,896 | 191,234 | 191,024 | 190,803 | 190,102 | 189,601 | 188,542 | 187,616 | 187,757 | 188,333 | 188,692 | 188,892 | 189,497 | 191,762 | 192,239 | 195,411 | 194,112 | 194,051 | 193,922 | 194,482 | 198,948 | 199,926 | 200,395 | 208,993 | 206,634 | 213,756 | 216,380 | 107,845 | |||||||||||||||||||||
| diluted | 193,416 | 193,717 | 193,171 | 192,899 | 192,698 | 191,868 | 191,597 | 191,886 | 193,105 | 193,450 | 193,579 | 193,185 | 192,871 | 192,810 | 191,998 | 191,597 | 191,684 | 190,962 | 190,599 | 189,461 | 188,490 | 188,492 | 189,031 | 189,238 | 189,356 | 189,651 | 192,341 | 192,239 | 196,341 | 194,828 | 194,875 | 194,720 | 195,305 | 200,102 | 201,091 | 201,161 | 210,680 | 208,107 | 215,572 | 219,078 | 108,930 | |||||||||||||||||||||
| advertising expense | 35,158,000 | 46,344,000 | 30,347,000 | 32,888,000 | 43,357,000 | 34,133,000 | 36,705,000 | 42,939,000 | 31,061,000 | 33,866,000 | 29,285,000 | 26,880,000 | 8,167,000 | 32,668,000 | 27,615,000 | 124,254,000 | 31,140,000 | 43,549,000 | 25,311,000 | 32,449,000 | 42,009,000 | 31,525,000 | 144,187,000 | 32,956,000 | 44,252,000 | 32,233,000 | 130,279,000 | 36,887,000 | 45,794,000 | 27,672,000 | 113,521,000 | 33,112,000 | 34,918,000 | 77,595,000 | 35,310,000 | 34,098,000 | 19,956,000 | 41,002,000 | 42,440,000 | 17,400,000 | 109,668,000 | 45,853,000 | 34,023,000 | 23,225,000 | ||||||||||||||||||
| foreign currency losses | -29,863,000 | -22,439,000 | -3,506,000 | -7,326,000 | -8,281,000 | -4,074,000 | -16,296,000 | -37,497,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total other income: | 153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| selling, general and administrative expense | 31,192,250 | 124,769,000 | 126,781,000 | 28,667,250 | 114,669,000 | 120,500,000 | 117,065,000 | 101,794,000 | 105,251,000 | 102,051,000 | 24,239,750 | 96,959,000 | 103,677,000 | 95,610,000 | 23,514,250 | 94,057,000 | 97,552,000 | 98,750,000 | 22,658,000 | 90,632,000 | 92,409,000 | 22,187,750 | 88,751,000 | 85,896,000 | 73,187,000 | 66,869,000 | 73,832,000 | 67,678,000 | 17,874,750 | 71,499,000 | 62,186,000 | 59,777,000 | 29,631,750 | 118,527,000 | 125,028,000 | 97,825,000 | ||||||||||||||||||||||||||
| income tax benefit | 4,278,250 | 17,113,000 | 45,726,000 | 24,606,000 | 38,643,000 | 57,105,000 | -150,120,000 | 79,874,000 | 319,496,000 | 6,163,750 | 24,655,000 | -68,636,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| weighted-average common | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic | 47,199.75 | 188,799 | 188,322 | 47,585.5 | 190,342 | 191,101 | 193,771 | 50,136.5 | 200,546 | 200,296 | 200,352 | 216,505 | 216,773 | 216,215 | 23 | 216,317 | 108,185 | |||||||||||||||||||||||||||||||||||||||||||||
| diluted | 47,501.25 | 190,005 | 189,292 | 47,705.5 | 190,822 | 191,600 | 194,955 | 50,399.75 | 201,599 | 200,853 | 200,725 | 218,979 | 220,644 | 218,704 | -21 | 218,866 | 109,161 | |||||||||||||||||||||||||||||||||||||||||||||
| dividends declared per share | 2.04 | 2.04 | 2.04 | 2 | 0.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| foreign currency | -5,743,000 | -4,839,000 | -43,605,000 | -46,537,000 | 2,938,000 | 11,752,000 | -4,836,000 | -2,438,000 | -3,186,000 | -12,744,000 | 21,561,000 | -3,999,000 | -3,626,000 | -6,086,000 | 13,205,000 | 3,718,500 | 14,874,000 | -7,446,000 | 36,388,000 | |||||||||||||||||||||||||||||||||||||||||||
| other | 738,000 | 1,317,000 | 517,000 | 674,000 | 1,086,250 | 4,345,000 | 2,453,000 | 2,819,000 | 3,057,000 | 180,000 | 1,833,000 | 421,000 | 1,684,000 | 335,000 | -694,000 | 255,750 | 1,023,000 | 757,000 | 5,383,000 | 570,000 | 338,000 | 51,000 | 17,500 | 70,000 | 3,605,000 | -140,000 | ||||||||||||||||||||||||||||||||||||
| cash dividends declared per common share | 1.5 | 1.5 | 0.188 | 0.75 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gain on sale of equity securities | 45,686,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| see accompanying notes. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| interest expense | -77,000 | -273,000 | -23,000 | -32,000 | -500 | -2,000 | -8,000 | -3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| selling, general and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| administrative expenses | 87,060,000 | 65,925,000 | 37,764,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| research and development | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| expense | 40,634,000 | 33,503,000 | 24,913,000 |
We provide you with 20 years income statements for Garmin stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Garmin stock. Explore the full financial landscape of Garmin stock with our expertly curated income statements.
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