Garmin Cost of Goods Sold 2010-2024 | GRMN
Garmin annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Garmin cost of goods sold for the quarter ending December 31, 2024 was $0.743B, a 20.1% increase year-over-year.
- Garmin cost of goods sold for the twelve months ending December 31, 2024 was $2.600B, a 16.96% increase year-over-year.
- Garmin annual cost of goods sold for 2024 was $2.6B, a 16.96% increase from 2023.
- Garmin annual cost of goods sold for 2023 was $2.223B, a 8.27% increase from 2022.
- Garmin annual cost of goods sold for 2022 was $2.054B, a 1.86% decline from 2021.
| Garmin Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2024 | $2,600 |
| 2023 | $2,223 |
| 2022 | $2,054 |
| 2021 | $2,092 |
| 2020 | $1,705 |
| 2019 | $1,524 |
| 2018 | $1,368 |
| 2017 | $1,324 |
| 2016 | $1,357 |
| 2015 | $1,282 |
| 2014 | $1,266 |
| 2013 | $1,225 |
| 2012 | $1,277 |
| 2011 | $1,420 |
| 2010 | $1,344 |
| 2009 | $1,502 |
| Garmin Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2024-12-31 | $743 |
| 2024-09-30 | $634 |
| 2024-06-30 | $644 |
| 2024-03-31 | $580 |
| 2023-12-31 | $618 |
| 2023-09-30 | $549 |
| 2023-06-30 | $561 |
| 2023-03-31 | $495 |
| 2022-12-31 | $561 |
| 2022-09-30 | $470 |
| 2022-06-30 | $512 |
| 2022-03-31 | $510 |
| 2021-12-31 | $619 |
| 2021-09-30 | $496 |
| 2021-06-30 | $546 |
| 2021-03-31 | $431 |
| 2020-12-31 | $560 |
| 2020-09-30 | $441 |
| 2020-06-30 | $354 |
| 2020-03-31 | $349 |
| 2019-12-31 | $463 |
| 2019-09-30 | $367 |
| 2019-06-30 | $379 |
| 2019-03-31 | $314 |
| 2018-12-31 | $383 |
| 2018-09-30 | $329 |
| 2018-06-30 | $371 |
| 2018-03-31 | $284 |
| 2017-12-31 | $394 |
| 2017-09-30 | $314 |
| 2017-06-30 | $347 |
| 2017-03-31 | $269 |
| 2016-12-31 | $408 |
| 2016-09-30 | $316 |
| 2016-06-30 | $349 |
| 2016-03-31 | $284 |
| 2015-12-31 | $368 |
| 2015-09-30 | $318 |
| 2015-06-30 | $355 |
| 2015-03-31 | $241 |
| 2014-12-31 | $372 |
| 2014-09-30 | $308 |
| 2014-06-30 | $333 |
| 2014-03-31 | $252 |
| 2013-12-31 | $365 |
| 2013-09-30 | $291 |
| 2013-06-30 | $313 |
| 2013-03-31 | $256 |
| 2012-12-31 | $395 |
| 2012-09-30 | $313 |
| 2012-06-30 | $296 |
| 2012-03-31 | $273 |
| 2011-12-31 | $476 |
| 2011-09-30 | $323 |
| 2011-06-30 | $352 |
| 2011-03-31 | $269 |
| 2010-12-31 | $458 |
| 2010-09-30 | $348 |
| 2010-06-30 | $337 |
| 2010-03-31 | $200 |
| 2009-12-31 | $573 |
| 2009-09-30 | $372 |
| 2009-06-30 | $317 |
| 2009-03-31 | $241 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $46.457B | $6.297B |
| Garmin, Ltd. is an original equipment manufacturer of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology. The company's diverse portfolio of handheld, portable and fixed-mount GPS-enabled devices provides geographical location and navigation data using the GPS satellite system. The company reports operations under five segments: Outdoor, Fitness, Marine, Auto and Aviation. | |||
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| Hoya (HOCPY) | Japan | $42.531B | 31.07 |
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| Daikin Industries (DKILY) | Japan | $30.660B | 20.51 |
| Teradyne (TER) | United States | $18.876B | 35.99 |
| Flex (FLEX) | Singapore | $16.263B | 19.04 |
| TD SYNNEX (SNX) | United States | $12.151B | 13.02 |
| ZEEKR Intelligent Technology Holding (ZK) | China | $6.344B | 0.00 |
| Timken (TKR) | United States | $5.833B | 14.37 |
| Brother Industries (BRTHY) | Japan | $4.391B | 19.19 |
| SiTime (SITM) | United States | $4.165B | 0.00 |
| Spectris (SEPJY) | United Kingdom | $3.300B | 0.00 |
| XCHG (XCH) | $3.203B | 0.00 | |
| Hayward Holdings (HAYW) | United States | $3.162B | 24.88 |
| Casio Computer (CSIOY) | Japan | $1.944B | 23.78 |
| Sigma Lithium (SGML) | Brazil | $1.248B | 0.00 |
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| Bel Fuse (BELFB) | United States | $1.023B | 23.03 |
| Heritage Media (OLVI) | $0.834B | 0.00 | |
| Daktronics (DAKT) | United States | $0.782B | 24.43 |
| Preformed Line Products (PLPC) | United States | $0.690B | 21.16 |
| Eastman Kodak (KODK) | United States | $0.612B | 10.87 |
| Star Group (SGU) | United States | $0.454B | 12.62 |
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| Mistras Group Inc (MG) | United States | $0.313B | 17.40 |
| Kopin (KOPN) | United States | $0.256B | 0.00 |
| NOVONIX (NVX) | Australia | $0.227B | 0.00 |
| Gauzy (GAUZ) | Israel | $0.215B | 0.00 |
| VOXX (VOXX) | United States | $0.168B | 0.00 |
| Universal Electronics (UEIC) | United States | $0.126B | 0.00 |
| Wallbox (WBX) | Spain | $0.125B | 0.00 |
| American Battery Technology (ABAT) | United States | $0.101B | 0.00 |
| Electrovaya (ELVA) | Canada | $0.097B | 0.00 |
| One Stop Systems (OSS) | United States | $0.073B | 0.00 |
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| Research Frontiers (REFR) | United States | $0.047B | 0.00 |
| Stardust Power (SDST) | United States | $0.041B | 0.00 |
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| Key Tronic (KTCC) | United States | $0.033B | 0.00 |
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| ZOOZ Power (ZOOZ) | Israel | $0.023B | 0.00 |
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| Dragonfly Energy Holdings (DFLI) | United States | $0.020B | 0.00 |
| SigmaTron (SGMA) | United States | $0.009B | 0.00 |
| MKDWELL Tech (MKDW) | Taiwan | $0.008B | 0.00 |
| BIO-key (BKYI) | United States | $0.004B | 0.00 |
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