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Garmin (GRMN)
NYSE:GRMN
US Market

Garmin (GRMN) Income Statement

1,199 Followers

Garmin Income Statement

Last quarter (Q4 2023), Garmin's total revenue was $1.48B, an increase of 13.48% from the same quarter last year. In Q4, Garmin's net income was $542.13M. See Garmin’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 5.23B$ 5.23B$ 4.86B$ 4.98B$ 4.19B$ 3.76B
Cost of Revenue
$ 2.22B$ 2.22B$ 2.05B$ 2.09B$ 1.71B$ 1.52B
Gross Profit
$ 3.00B$ 3.00B$ 2.81B$ 2.89B$ 2.48B$ 2.23B
Operating Expense
$ 1.91B$ 1.91B$ 1.78B$ 1.67B$ 1.43B$ 1.29B
Operating Income
$ 1.09B$ 1.09B$ 1.03B$ 1.22B$ 1.05B$ 945.59M
Net Non Operating Interest Income Expense
$ 77.30M$ 77.30M$ 40.83M$ 28.57M$ 37.00M$ 52.82M
Other Income Expense
$ -4.46M$ -4.46M$ 3.70M$ -4.87M$ 12.17M$ -11.18M
Pretax Income
$ 1.20B$ 1.20B$ 1.06B$ 1.21B$ 1.10B$ 987.22M
Tax Provision
$ -89.28M$ -89.28M$ 91.39M$ 124.60M$ 111.09M$ 34.74M
Earnings From Equity Interest Net Of Tax
---$ 491.46M--
Net Income Common Stockholders
$ 1.29B$ 1.29B$ 973.59M$ 1.08B$ 992.32M$ 952.49M
Basic EPS
$ 3.14$ 6.74$ 5.06$ 5.63$ 5.19$ 5.01
Diluted EPS
$ 3.12$ 6.71$ 5.04$ 5.61$ 5.17$ 4.99
Basic Average Shares
$ -126.83M$ 191.40K$ 192.54K$ 192.18K$ 191.09M$ 189.93M
Diluted Average Shares
$ -127.06M$ 192.06K$ 193.04K$ 193.04K$ 191.90M$ 190.90M
Dividend Per Share
---$ 1.34$ 2.40$ 2.24
Total Operating Income As Reported
------
Reported Normalized Basic E P S
----$ 5.16$ 1.30
Reported Normalized Diluted E P S
----$ 5.14$ 1.29
Rent Expense Supplemental
------
Total Expenses
$ 4.14B$ 4.14B$ 3.83B$ 3.76B$ 3.13B$ 2.81B
Net Income From Continuing And Discontinued Operation
$ 1.29B$ 1.29B$ 973.59M$ 1.08B$ 992.32M$ 952.49M
Normalized Income
$ 694.43M$ 1.11B$ 841.33M$ 953.37M$ 989.78M$ 968.69M
Interest Expense
------
EBIT
$ 1.18B$ 1.20B$ 1.06B$ 1.21B$ 1.05B$ 945.59M
EBITDA
$ 1.36B$ 1.38B$ 1.23B$ 1.36B$ 1.18B$ 1.05B
Currency in USD

Garmin Earnings and Revenue History

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