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

Garmin has reported Other Operating Expenses for 13 years, with the latest figure at -$110.4 million in Q4 2022.

• Quarterly Other Operating Expenses fell 280.58% year-over-year to -$110.4 million in Q4 2022, while the trailing twelve-month figure through Sep 2023 was -$110.4 million (down 164.36% YoY) and the FY2021 annual result came in at $171.8 million, up 13.67% from the prior year.
• Other Operating Expenses eased to -$110.4 million in Q4 2022 per GRMN's latest filing, from $32.9 million in the prior quarter.
• Over five years, Other Operating Expenses peaked at $62.6 million in Q4 2019 and troughed at -$110.4 million in Q4 2022.
• A 5-year average of $25.1 million and a median of $32.0 million in 2021 frame the typical range for Other Operating Expenses.
• The sharpest annual moves came in 2020 and 2022: Other Operating Expenses soared 11419.05% in 2020, then plunged 280.58% in 2022.
• Over 5 years, 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 slipped by 0.02% to $61.1 million in 2021, then slumped by 280.58% to -$110.4 million in 2022.
• According to Business Quant data, Other Operating Expenses over the past three periods registered -$110.4 million, $32.9 million, and $43.4 million for Q4 2022, Q3 2022, and Q2 2022 respectively.