Garmin Operating Income 2010-2024 | GRMN

Garmin annual/quarterly operating income history and growth rate from 2010 to 2024. 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, 2024 was $0.298B, a 51.49% increase year-over-year.
  • Garmin operating income for the twelve months ending March 31, 2024 was $1.194B, a 19.81% increase year-over-year.
  • 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 for 2021 was $1.219B, a 15.59% increase from 2020.
Garmin Annual Operating Income
(Millions of US $)
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 $)
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 $32.667B $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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