Financial insights of GRMN

MyFinsight

For the year ending 2025-12-27, GRMN made $7,245,519K in revenue. $1,663,887K in net income. Net profit margin of 22.96%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-27	2024-12-28	2023-12-30	2022-12-31
Net sales	7,245,519	6,296,903	5,228,252	4,860,286
Cost of goods sold	2,989,216	2,600,348	2,223,297	2,053,511
Gross profit	4,256,303	3,696,555	3,004,955	2,806,775
Research and development expense	1,126,231	993,601	904,696	834,927
Advertising expense	-	-	173,109	168,040
Selling, general and administrative expenses	1,253,996	1,108,960	834,990	775,963
Total operating expense	2,380,227	2,102,561	1,912,795	1,778,930
Operating income	1,876,076	1,593,994	1,092,160	1,027,845
Interest income	128,874	113,520	77,302	40,826
Foreign currency gains (losses)	7,847	-20,599	26,434	-11,274
Other income	1,738	8,486	4,460	7,577
Total other income (expense)	138,459	101,407	108,196	37,129
Income before income taxes	2,014,535	1,695,401	1,200,356	1,064,974
Current	268,102	373,608	250,446	233,844
Deferred	82,546	-89,643	-339,726	-142,455
Total income tax provision (benefit)	350,648	283,965	-89,280	91,389
Net income	1,663,887	1,411,436	1,289,636	973,585

Basic net income per share	8.65	7.35	6.74	5.06
Denominator for basic net income per share weighted-average common shares	192,467,000	192,060,000	191,397	192,544
Denominator for diluted net income per share adjusted weighted-average common shares	193,616,000	193,281,000	192,058	193,042
Diluted net income per share	8.59	7.3	6.71	5.04