Garmin Operating Income 2010-2025 | GRMN

Garmin annual/quarterly operating income history and growth rate from 2010 to 2025. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Garmin operating income for the quarter ending March 31, 2025 was $0.333B, a 11.53% increase year-over-year.
  • Garmin operating income for the twelve months ending March 31, 2025 was $1.628B, a 36.43% increase year-over-year.
  • Garmin annual operating income for 2024 was $1.594B, a 45.95% increase from 2023.
  • Garmin annual operating income for 2023 was $1.092B, a 6.26% increase from 2022.
  • Garmin annual operating income for 2022 was $1.028B, a 15.66% decline from 2021.
Garmin Annual Operating Income
(Millions of US $)
2024 $1,594
2023 $1,092
2022 $1,028
2021 $1,219
2020 $1,054
2019 $946
2018 $778
2017 $684
2016 $633
2015 $550
2014 $691
2013 $574
2012 $604
2011 $554
2010 $637
2009 $786
Garmin Quarterly Operating Income
(Millions of US $)
2025-03-31 $333
2024-12-31 $516
2024-09-30 $437
2024-06-30 $342
2024-03-31 $298
2023-12-31 $340
2023-09-30 $270
2023-06-30 $284
2023-03-31 $197
2022-12-31 $267
2022-09-30 $239
2022-06-30 $293
2022-03-31 $229
2021-12-31 $315
2021-09-30 $283
2021-06-30 $371
2021-03-31 $250
2020-12-31 $371
2020-09-30 $317
2020-06-30 $188
2020-03-31 $177
2019-12-31 $277
2019-09-30 $261
2019-06-30 $256
2019-03-31 $151
2018-12-31 $223
2018-09-30 $196
2018-06-30 $218
2018-03-31 $142
2017-12-31 $183
2017-09-30 $174
2017-06-30 $210
2017-03-31 $117
2016-12-31 $169
2016-09-30 $160
2016-06-30 $201
2016-03-31 $104
2015-12-31 $146
2015-09-30 $125
2015-06-30 $167
2015-03-31 $112
2014-12-31 $176
2014-09-30 $176
2014-06-30 $219
2014-03-31 $120
2013-12-31 $172
2013-09-30 $152
2013-06-30 $170
2013-03-31 $80
2012-12-31 $150
2012-09-30 $160
2012-06-30 $204
2012-03-31 $90
2011-12-31 $200
2011-09-30 $147
2011-06-30 $132
2011-03-31 $75
2010-12-31 $185
2010-09-30 $167
2010-06-30 $202
2010-03-31 $83
2009-12-31 $292
2009-09-30 $237
2009-06-30 $199
2009-03-31 $58
Sector Industry Market Cap Revenue
Computer and Technology Electrical Products - Miscellaneous $38.119B $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.
Stock Name Country Market Cap PE Ratio
KLA (KLAC) United States $100.566B 24.90
Tokyo Electron (TOELY) Japan $73.847B 20.66
Osram Licht AG (OSAGF) Germany $53.417B 267.50
Hoya (HOCPY) Japan $43.654B 33.13
Rockwell Automation (ROK) United States $33.790B 31.69
Daikin Industries (DKILY) Japan $32.418B 19.40
Flex (FLEX) Singapore $15.661B 17.18
Teradyne (TER) United States $13.325B 24.01
TD SYNNEX (SNX) United States $10.337B 11.36
Timken (TKR) United States $5.094B 13.43
SiTime (SITM) United States $4.854B 0.00
Brother Industries (BRTHY) Japan $4.320B 12.07
Hayward Holdings (HAYW) United States $3.188B 21.36
XCHG (XCH) $3.156B 0.00
Spectris (SEPJY) United Kingdom $2.401B 0.00
Casio Computer (CSIOY) Japan $1.760B 21.53
Heritage Media (OLVI) $1.325B 0.00
Bel Fuse (BELFB) United States $0.992B 21.57
Bel Fuse (BELFA) United States $0.901B 13.87
Sigma Lithium (SGML) Brazil $0.828B 0.00
Daktronics (DAKT) United States $0.717B 19.96
Preformed Line Products (PLPC) United States $0.684B 17.54
Eastman Kodak (KODK) United States $0.492B 12.43
Kimball Electronics (KE) United States $0.454B 16.78
Star Group (SGU) United States $0.420B 8.16
Kopin (KOPN) United States $0.252B 0.00
Mistras Group Inc (MG) United States $0.242B 12.05
Elong Power Holding (ELPW) China $0.222B 0.00
NOVONIX (NVX) Australia $0.220B 0.00
Gauzy (GAUZ) Israel $0.185B 0.00
American Battery Technology (ABAT) United States $0.113B 0.00
Electrovaya (ELVA) Canada $0.109B 0.00
Universal Electronics (UEIC) United States $0.088B 0.00
Wallbox (WBX) Spain $0.083B 0.00
AuthID (AUID) United States $0.072B 0.00
Erayak Power Solution Group (RAYA) China $0.068B 0.00
Research Frontiers (REFR) United States $0.057B 0.00
One Stop Systems (OSS) United States $0.056B 0.00
Exro Technologies (EXROF) Canada $0.052B 0.00
Stardust Power (SDST) United States $0.035B 0.00
Flux Power Holdings (FLUX) United States $0.034B 0.00
ESS Tech (GWH) United States $0.030B 0.00
Spruce Power Holding (SPRU) United States $0.028B 0.00
Greenland Technologies Holding (GTEC) United States $0.027B 2.34
Key Tronic (KTCC) United States $0.025B 0.00
ZOOZ Power (ZOOZ) Israel $0.017B 0.00
CCSC Technology Holdings (CCTG) Hong Kong, SAR China $0.015B 0.00
Solidion Technology (STI) United States $0.010B 7.64
SigmaTron (SGMA) United States $0.010B 0.00
MKDWELL Tech (MKDW) Taiwan $0.006B 0.00
BIO-key (BKYI) United States $0.005B 0.00
Dragonfly Energy Holdings (DFLI) United States $0.004B 0.00
Expion360 (XPON) United States $0.003B 0.00