Growth Metrics

Garmin (GRMN) Other Operating Expenses (2017 - 2022)

Garmin (GRMN) has disclosed Other Operating Expenses for 13 consecutive years, with -$110.4 million as the latest value for Q4 2022.

  • Quarterly Other Operating Expenses fell 280.58% to -$110.4 million in Q4 2022 from the year-ago period, while the trailing twelve-month figure was -$110.4 million through Sep 2023, down 164.36% year-over-year, with the annual reading at $171.8 million for FY2021, 13.67% up from the prior year.
  • Other Operating Expenses hit -$110.4 million in Q4 2022 for 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.
  • Historically, Other Operating Expenses has averaged $32.1 million across 5 years, with a median of $34.0 million in 2020.
  • Biggest five-year swings in Other Operating Expenses: surged 46.62% in 2021 and later crashed 280.58% in 2022.
  • Year by year, Other Operating Expenses stood at $55.4 million in 2018, then increased by 13.1% to $62.6 million in 2019, then decreased by 2.42% to $61.1 million in 2020, then fell by 0.02% to $61.1 million in 2021, then plummeted by 280.58% to -$110.4 million in 2022.
  • Business Quant data shows Other Operating Expenses for GRMN at -$110.4 million in Q4 2022, $32.9 million in Q3 2022, and $43.4 million in Q2 2022.