For the quarter ending 2026-03-28, GRMN made $1,753,489K in revenue. $405,078K in net income. Net profit margin of 23.10%.
| Income Statement | 2026-03-28 | 2025-12-27 | 2025-09-27 | 2025-06-28 |
|---|---|---|---|---|
| Net sales | 1,753,489 | 2,124,955 | 1,770,901 | 1,814,564 |
| Cost of goods sold | 711,200 | 866,696 | 724,414 | 747,552 |
| Gross profit | 1,042,289 | 1,258,259 | 1,046,487 | 1,067,012 |
| Research and development expense | 295,818 | 294,984 | 286,464 | 276,663 |
| Selling, general and administrative expenses | 314,806 | 349,121 | 303,220 | 318,054 |
| Total operating expense | 610,624 | 644,105 | 589,684 | 594,717 |
| Operating income | 431,665 | 614,154 | 456,803 | 472,295 |
| Interest income | 35,974 | 34,558 | 32,085 | 31,724 |
| Foreign currency losss | 3,122 | -13,735 | 20,334 | -23,512 |
| Other income | 1,768 | 409 | 598 | -256 |
| Total other income (expense) | 40,864 | 21,232 | 53,017 | 7,956 |
| Income before income taxes | 472,529 | 635,386 | 509,820 | 480,251 |
| Current | - | 86,069* | - | - |
| Deferred | - | 20,637* | - | - |
| Income tax provision | 67,451 | 106,705 | 108,205 | 79,429 |
| Net income | 405,078 | 528,681 | 401,615 | 400,822 |
| Basic EPS | 2.1 | 2.749 | 2.09 | 2.08 |
| Diluted EPS | 2.09 | 2.728 | 2.08 | 2.07 |
| Basic Average Shares | 192,674,000 | 192,337,000 | 192,464,000 | 192,523,000 |
| Diluted Average Shares | 193,565,000 | 193,798,000 | 193,533,000 | 193,416,000 |
GARMIN LTD (GRMN)
GARMIN LTD (GRMN)