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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%.

Income Overview

Revenue
$7,245,519K
Net Income
$1,663,887K
Net Profit Margin
22.96%
EPS
$8.59
Unit: Thousand (K) dollars
Revenue Breakdown
    • Transferred At Point In Time
    • Transferred Over Time
Revenue Breakdown
    • Fitness Segment
    • Outdoor Segment
    • Marine Segment
    • Others

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 EPS
8.65 7.35 6.74 5.06
Diluted EPS
8.59 7.3 6.71 5.04
Basic Average Shares
192,467,000 192,060,000 191,397 192,544
Diluted Average Shares
193,616,000 193,281,000 192,058 193,042
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

DownloadDownload image
Transferred At Point In Time$6,910,894K (15.80%↑ Y/Y)Transferred Over Time$334,625K (1.78%↑ Y/Y)Net sales$7,245,519K (15.06%↑ Y/Y)Gross profit$4,256,303K (15.14%↑ Y/Y)Interest income$128,874K (13.53%↑ Y/Y)Foreign currency gains(losses)$7,847K (138.09%↑ Y/Y)Other income$1,738K (-79.52%↓ Y/Y)Cost of goods sold$2,989,216K (14.95%↑ Y/Y)Operating income$1,876,076K (17.70%↑ Y/Y)Total other income(expense)$138,459K (36.54%↑ Y/Y)Total operatingexpense$2,380,227K (13.21%↑ Y/Y)Income before incometaxes$2,014,535K (18.82%↑ Y/Y)Selling, general andadministrative expenses$1,253,996K (13.08%↑ Y/Y)Research and developmentexpense$1,126,231K (13.35%↑ Y/Y)Net income$1,663,887K (17.89%↑ Y/Y)Total income taxprovision (benefit)$350,648K (23.48%↑ Y/Y)Current$268,102K (-28.24%↓ Y/Y)Deferred$82,546K (192.08%↑ Y/Y)

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GARMIN LTD (GRMN)

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GARMIN LTD (GRMN)