Garmin GRMN
NYSE GRMN
$272.37 +0.19 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Garmin (GRMN) Other Operating Expenses (2009 - 2022)

Garmin's (GRMN) quarterly Other Operating Expenses came in at -$110.4 million in Q4 2022, down 280.58% year-over-year from $61.1 million in Q4 2021, and down 435.62% quarter-over-quarter from $32.9 million in Q3 2022.

Analysis

Garmin (GRMN) Other Operating Expenses (2009 - 2022) Analysis & Trends

Garmin has disclosed Other Operating Expenses across 13 years of filings, most recently posting -$110.4 million for Q4 2022.

  • In Q4 2022, Other Operating Expenses fell 280.58% year-over-year to -$110.4 million; the TTM figure through Sep 2023 stood at -$110.4 million (down 164.36% YoY), while the FY2021 annual figure was $171.8 million, up 13.67% from the prior year.
  • Other Operating Expenses came in at -$110.4 million for Q4 2022 at Garmin, down from $32.9 million in the prior quarter.
  • In the past five years, Other Operating Expenses ranged from a high of $62.6 million in Q4 2019 to a low of -$110.4 million in Q4 2022.
  • Average Other Operating Expenses over 5 years is $32.1 million, with a median of $34.0 million recorded in 2020.
  • Year-over-year, Other Operating Expenses jumped 46.62% in 2021 and tumbled 280.58% in 2022.
  • Over 5 years, Other Operating Expenses stood at $55.4 million in 2018, then climbed by 13.1% to $62.6 million in 2019, then fell by 2.42% to $61.1 million in 2020, then retreated by 0.02% to $61.1 million in 2021, then plunged by 280.58% to -$110.4 million in 2022.
  • Per Business Quant data, the three most recent Other Operating Expenses figures were -$110.4 million in Q4 2022, $32.9 million in Q3 2022, and $43.4 million in Q2 2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 4,784.34 Bn 4,721.94 Bn 54.77 Bn
2 Garmin 52.47 Bn 49.80 Bn 1.26 Bn
3 Vuzix 212.26 Mn 194.96 Mn -645,411.00
4 Zepp Health 77.84 Mn 8.18 Mn 23.73 Mn
5 Foxx Development Holdings 18.87 Mn 15.68 Mn -1.45 Mn
6 Wearable Devices 741,166.25 -18.10 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 -110.38 Mn
Sep 24, 2022 32.89 Mn
Jun 25, 2022 43.36 Mn
Mar 26, 2022 34.13 Mn
Dec 25, 2021 61.12 Mn
Sep 25, 2021 36.71 Mn
Jun 26, 2021 42.94 Mn
Mar 27, 2021 31.06 Mn
Dec 26, 2020 61.14 Mn
Sep 26, 2020 33.87 Mn
Jun 27, 2020 29.29 Mn
Mar 28, 2020 26.88 Mn
Dec 28, 2019 62.65 Mn
Sep 28, 2019 32.67 Mn
Jun 29, 2019 41.52 Mn
Mar 30, 2019 27.62 Mn
Dec 29, 2018 55.39 Mn
Sep 29, 2018 31.14 Mn
Jun 30, 2018 43.55 Mn
Mar 31, 2018 25.31 Mn