Garmin GRMN Income Statement (2009-2026)

NYSE GRMN
$285.86 -5.94 (-2.04%)
As of: Nov 10, 2026 · 12:26 PM EST
Reported Financials

Garmin Quarterly Income Statement

Periods 69 quarters
Latest Sep 2026

Garmin reported revenue of $1986.08M and net income of $541.66M for the quarter ended Sep 2026, up 12.2% year over year. This income statement covers 69 quarters of results from Mar 2009 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement Mar2009 Jun2009 Sep2009 Dec2009 Mar2010 Jun2010 Sep2010 Dec2010 Mar2011 Jun2011 Sep2011 Dec2011 Mar2012 Jun2012 Sep2012 Dec2012 Mar2013 Jun2013 Sep2013 Dec2013 Mar2014 Jun2014 Sep2014 Dec2014 Mar2015 Jun2015 Mar2016 Jun2016 Sep2016 Dec2016 Apr2017 Jul2017 Sep2017 Dec2017 Mar2018 Jun2018 Sep2018 Dec2018 Mar2019 Jun2019 Sep2019 Dec2019 Mar2020 Jun2020 Sep2020 Dec2020 Mar2021 Jun2021 Sep2021 Dec2021 Mar2022 Jun2022 Sep2022 Dec2022 Apr2023 Jul2023 Sep2023 Dec2023 Mar2024 Jun2024 Sep2024 Dec2024 Mar2025 Jun2025 Sep2025 Dec2025 Mar2026 Jun2026 Sep2026
Revenue & cost
Revenue
1,391.59M1,172.66M1,240.83M1,140.43M1,306.36M1,147.42M1,320.80M1,277.53M1,482.50M1,381.65M1,506.67M1,586.02M1,822.56M1,535.10M1,814.56M1,770.90M2,124.96M1,753.49M2,022.09M1,986.08M
Cost of RevenueCost of Rev
619.48M510.18M512.01M469.94M561.39M494.63M561.35M548.96M618.35M579.51M643.78M634.42M742.64M650.55M747.55M724.41M866.70M711.20M760.07M728.31M
Gross Profit
772.11M662.48M728.83M670.50M744.97M652.79M759.44M728.57M864.15M802.14M862.89M951.60M1,079.93M884.55M1,067.01M1,046.49M1,258.26M1,042.29M1,262.02M1,257.77M
Operating items
Research & DevelopmentR&D
204.95M209.01M201.52M208.69M215.71M221.49M224.39M221.57M237.25M242.54M243.15M249.16M258.75M268.12M276.66M286.46M294.98M295.82M303.94M312.92M
Selling, General & AdministrativeSG&A
190.91M190.78M191.21M189.55M372.46M234.33M250.69M236.63M286.45M261.19M277.71M264.96M305.09M283.60M318.05M303.22M349.12M314.81M342.57M333.20M
Other Operating ExpensesOther Opex
61.12M34.13M43.36M32.89M-110.38M
Operating ExpensesOpex
456.99M433.92M436.09M431.13M477.80M455.81M475.09M458.20M523.70M503.73M520.86M514.12M563.84M551.72M594.72M589.68M644.11M610.62M646.51M646.12M
Operating IncomeOp. Inc
315.12M228.56M292.74M239.37M267.17M196.98M284.36M270.37M340.45M298.41M342.03M437.48M516.08M332.82M472.30M456.80M614.15M431.67M615.51M611.65M
Non-operating items
Gains (Losses) on Sale of Assets & InvestmentsGains on Sales
Interest & Investment IncomeInt & Inv Inc
7.01M7.55M8.50M10.47M14.31M15.90M18.76M19.80M22.84M25.03M29.29M28.83M30.38M30.51M31.72M32.09M34.56M35.97M38.17M36.36M
Other Non Operating IncomeOther Non Op Inc.
-13.29M-0.25M-22.27M-29.58M48.40M8.89M12.86M-10.60M19.74M3.60M-5.34M19.95M-30.32M25.75M-23.77M20.93M-13.33M4.89M-2.62M13.12M
Non Operating IncomeNon Op. Inc.
-6.28M7.31M-13.77M-19.11M62.70M24.79M31.62M9.20M42.58M28.63M23.95M48.78M0.06M56.25M7.96M53.02M21.23M40.86M35.55M49.47M
Net income details
EBIT
315.12M228.56M292.74M239.37M267.17M196.98M284.36M270.37M340.45M298.41M342.03M437.48M516.08M332.82M472.30M456.80M614.15M431.67M615.51M611.65M
EBT
308.84M235.86M278.97M220.27M329.88M221.77M315.98M279.57M383.04M327.04M365.97M486.25M516.14M389.08M480.25M509.82M635.39M472.53M651.06M661.12M
Tax ProvisionsTaxes
22.70M24.27M21.09M9.42M36.60M19.45M28.04M22.33M12.12M51.08M65.34M87.14M80.41M56.31M79.43M108.21M106.71M67.45M109.14M119.46M
Income After Tax
286.14M211.59M257.87M210.85M293.27M202.33M287.94M257.24M370.92M275.96M300.63M399.11M435.73M332.77M400.82M401.62M528.68M405.08M541.92M541.66M
Income from Continuing OperationsIncome (Continuing)
286.14M211.59M257.87M210.85M293.27M202.33M287.94M257.24M370.92M275.96M300.63M399.11M435.73M332.77M400.82M401.62M528.68M405.08M541.92M541.66M
Consolidated Net IncomeConsol Net Inc.
286.14M211.59M257.87M210.85M293.27M202.33M287.94M257.24M370.92M275.96M300.63M399.11M435.73M332.77M400.82M401.62M528.68M405.08M541.92M541.66M
Income towards Parent CompanyParent Net Inc
286.14M211.59M257.87M210.85M293.27M202.33M287.94M257.24M542.13M275.96M300.63M399.11M435.73M332.77M400.82M401.62M528.68M405.08M541.92M541.66M
Net Income towards Common StockholdersNet Income
286.14M211.59M257.87M210.85M293.27M202.33M287.94M257.24M542.13M275.96M300.63M399.11M435.73M332.77M400.82M401.62M528.68M405.08M541.92M541.66M
Additional items
EPS (Basic)
1.491.101.341.091.521.061.511.342.831.441.572.082.271.732.082.092.752.102.812.81
EPS (Diluted)
1.481.091.331.091.521.051.501.342.821.431.562.072.251.722.072.082.732.092.802.80
Shares Outstanding
192.18M192.89M193.07M192.67M192.54M191.50M191.29M191.44M191.40M191.89M192.07M192.20M192.06M192.54M192.52M192.46M192.47M192.67M192.84M192.84M
Shares Outstanding (Diluted)Shares Outstanding (Dil.)
193.04M193.58M193.45M193.11M193.04M191.89M191.60M191.87M192.06M192.70M192.90M193.17M193.28M193.72M193.42M193.53M193.62M193.57M193.47M193.62M
Shares Outstanding (Entity)Shares Outstanding (Entity.)
192.61M193.13M193.06M192.18M191.62M191.45M191.47M191.39M191.78M192.08M192.25M192.14M192.47M192.71M192.54M192.38M192.62M192.90M192.91M192.76M
EBITDA
356.18M269.77M334.38M278.87M308.67M240.40M328.54M315.00M385.79M343.24M386.14M481.73M562.62M379.12M519.40M505.91M660.41M480.79M664.36M662.88M
Tax Rate
7.35%10.29%7.56%4.28%11.10%8.77%8.87%7.99%3.16%15.62%17.85%17.92%15.58%14.47%16.54%21.22%16.79%14.27%16.76%18.07%

Garmin Income Statement API

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