Garmin Net Income 2010-2023 | GRMN

Garmin annual/quarterly net income history and growth rate from 2010 to 2023. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Garmin net income for the quarter ending December 31, 2023 was $0.542B, a 84.85% increase year-over-year.
  • Garmin net income for the twelve months ending December 31, 2023 was $1.290B, a 32.46% increase year-over-year.
  • Garmin annual net income for 2023 was $1.29B, a 32.46% increase from 2022.
  • Garmin annual net income for 2022 was $0.974B, a 10.04% decline from 2021.
  • Garmin annual net income for 2021 was $1.082B, a 9.06% increase from 2020.
Garmin Annual Net Income
(Millions of US $)
2023 $1,290
2022 $974
2021 $1,082
2020 $992
2019 $952
2018 $694
2017 $709
2016 $518
2015 $456
2014 $364
2013 $612
2012 $542
2011 $521
2010 $585
2009 $704
Garmin Quarterly Net Income
(Millions of US $)
2023-12-31 $542
2023-09-30 $257
2023-06-30 $288
2023-03-31 $202
2022-12-31 $293
2022-09-30 $211
2022-06-30 $258
2022-03-31 $212
2021-12-31 $286
2021-09-30 $259
2021-06-30 $317
2021-03-31 $220
2020-12-31 $334
2020-09-30 $313
2020-06-30 $184
2020-03-31 $161
2019-12-31 $361
2019-09-30 $228
2019-06-30 $224
2019-03-31 $140
2018-12-31 $190
2018-09-30 $184
2018-06-30 $190
2018-03-31 $129
2017-12-31 $143
2017-09-30 $151
2017-06-30 $177
2017-03-31 $238
2016-12-31 $144
2016-09-30 $125
2016-06-30 $161
2016-03-31 $88
2015-12-31 $132
2015-09-30 $119
2015-06-30 $138
2015-03-31 $67
2014-12-31 $210
2014-09-30 $-147
2014-06-30 $182
2014-03-31 $119
2013-12-31 $164
2013-09-30 $188
2013-06-30 $172
2013-03-31 $89
2012-12-31 $129
2012-09-30 $140
2012-06-30 $186
2012-03-31 $87
2011-12-31 $166
2011-09-30 $150
2011-06-30 $109
2011-03-31 $95
2010-12-31 $133
2010-09-30 $280
2010-06-30 $135
2010-03-31 $37
2009-12-31 $278
2009-09-30 $215
2009-06-30 $162
2009-03-31 $49
Sector Industry Market Cap Revenue
Computer and Technology Electrical Products - Miscellaneous $28.015B $5.228B
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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