Garmin Cost of Goods Sold 2010-2025 | GRMN
Garmin annual/quarterly cost of goods sold history and growth rate from 2010 to 2025. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- Garmin cost of goods sold for the quarter ending March 31, 2025 was $0.651B, a 12.26% increase year-over-year.
- Garmin cost of goods sold for the twelve months ending March 31, 2025 was $2.671B, a 15.74% increase year-over-year.
- Garmin annual cost of goods sold for 2024 was $2.6B, a 16.96% increase from 2023.
- Garmin annual cost of goods sold for 2023 was $2.223B, a 8.27% increase from 2022.
- Garmin annual cost of goods sold for 2022 was $2.054B, a 1.86% decline from 2021.
| Garmin Annual Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2024 | $2,600 |
| 2023 | $2,223 |
| 2022 | $2,054 |
| 2021 | $2,092 |
| 2020 | $1,705 |
| 2019 | $1,524 |
| 2018 | $1,368 |
| 2017 | $1,324 |
| 2016 | $1,357 |
| 2015 | $1,282 |
| 2014 | $1,266 |
| 2013 | $1,225 |
| 2012 | $1,277 |
| 2011 | $1,420 |
| 2010 | $1,344 |
| 2009 | $1,502 |
| Garmin Quarterly Cost of Goods Sold (Millions of US $) |
|
|---|---|
| 2025-03-31 | $651 |
| 2024-12-31 | $743 |
| 2024-09-30 | $634 |
| 2024-06-30 | $644 |
| 2024-03-31 | $580 |
| 2023-12-31 | $618 |
| 2023-09-30 | $549 |
| 2023-06-30 | $561 |
| 2023-03-31 | $495 |
| 2022-12-31 | $561 |
| 2022-09-30 | $470 |
| 2022-06-30 | $512 |
| 2022-03-31 | $510 |
| 2021-12-31 | $619 |
| 2021-09-30 | $496 |
| 2021-06-30 | $546 |
| 2021-03-31 | $431 |
| 2020-12-31 | $560 |
| 2020-09-30 | $441 |
| 2020-06-30 | $354 |
| 2020-03-31 | $349 |
| 2019-12-31 | $463 |
| 2019-09-30 | $367 |
| 2019-06-30 | $379 |
| 2019-03-31 | $314 |
| 2018-12-31 | $383 |
| 2018-09-30 | $329 |
| 2018-06-30 | $371 |
| 2018-03-31 | $284 |
| 2017-12-31 | $394 |
| 2017-09-30 | $314 |
| 2017-06-30 | $347 |
| 2017-03-31 | $269 |
| 2016-12-31 | $408 |
| 2016-09-30 | $316 |
| 2016-06-30 | $349 |
| 2016-03-31 | $284 |
| 2015-12-31 | $368 |
| 2015-09-30 | $318 |
| 2015-06-30 | $355 |
| 2015-03-31 | $241 |
| 2014-12-31 | $372 |
| 2014-09-30 | $308 |
| 2014-06-30 | $333 |
| 2014-03-31 | $252 |
| 2013-12-31 | $365 |
| 2013-09-30 | $291 |
| 2013-06-30 | $313 |
| 2013-03-31 | $256 |
| 2012-12-31 | $395 |
| 2012-09-30 | $313 |
| 2012-06-30 | $296 |
| 2012-03-31 | $273 |
| 2011-12-31 | $476 |
| 2011-09-30 | $323 |
| 2011-06-30 | $352 |
| 2011-03-31 | $269 |
| 2010-12-31 | $458 |
| 2010-09-30 | $348 |
| 2010-06-30 | $337 |
| 2010-03-31 | $200 |
| 2009-12-31 | $573 |
| 2009-09-30 | $372 |
| 2009-06-30 | $317 |
| 2009-03-31 | $241 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $36.032B | $6.297B |
| Garmin, Ltd. is an original equipment manufacturer of navigation and communication equipment that incorporate the global positioning system (GPS)-based technology. The company's diverse portfolio of handheld, portable and fixed-mount GPS-enabled devices provides geographical location and navigation data using the GPS satellite system. The company reports operations under five segments: Outdoor, Fitness, Marine, Auto and Aviation. | |||
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|---|---|---|---|
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| Hoya (HOCPY) | Japan | $43.926B | 33.33 |
| Daikin Industries (DKILY) | Japan | $35.349B | 23.65 |
| Rockwell Automation (ROK) | United States | $28.613B | 26.61 |
| Flex (FLEX) | Singapore | $14.087B | 16.49 |
| Teradyne (TER) | United States | $11.882B | 21.41 |
| TD SYNNEX (SNX) | United States | $9.583B | 10.53 |
| Timken (TKR) | United States | $4.636B | 12.23 |
| Brother Industries (BRTHY) | Japan | $4.092B | 17.88 |
| SiTime (SITM) | United States | $3.920B | 0.00 |
| Hayward Holdings (HAYW) | United States | $2.989B | 20.03 |
| XCHG (XCH) | $2.847B | 0.00 | |
| Spectris (SEPJY) | United Kingdom | $2.400B | 0.00 |
| Casio Computer (CSIOY) | Japan | $1.806B | 22.09 |
| Heritage Media (OLVI) | $1.293B | 0.00 | |
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| Sigma Lithium (SGML) | Brazil | $0.818B | 0.00 |
| Bel Fuse (BELFA) | United States | $0.790B | 12.28 |
| Daktronics (DAKT) | United States | $0.678B | 18.88 |
| Preformed Line Products (PLPC) | United States | $0.660B | 16.94 |
| Eastman Kodak (KODK) | United States | $0.508B | 6.91 |
| Star Group (SGU) | United States | $0.429B | 11.94 |
| Kimball Electronics (KE) | United States | $0.361B | 13.25 |
| Mistras Group Inc (MG) | United States | $0.300B | 13.32 |
| Kopin (KOPN) | United States | $0.207B | 0.00 |
| Gauzy (GAUZ) | Israel | $0.186B | 0.00 |
| NOVONIX (NVX) | Australia | $0.178B | 0.00 |
| Elong Power Holding (ELPW) | China | $0.173B | 0.00 |
| American Battery Technology (ABAT) | United States | $0.119B | 0.00 |
| Electrovaya (ELVA) | Canada | $0.110B | 0.00 |
| Wallbox (WBX) | Spain | $0.085B | 0.00 |
| Universal Electronics (UEIC) | United States | $0.073B | 0.00 |
| AuthID (AUID) | United States | $0.069B | 0.00 |
| Erayak Power Solution Group (RAYA) | China | $0.064B | 0.00 |
| One Stop Systems (OSS) | United States | $0.056B | 0.00 |
| Exro Technologies (EXROF) | Canada | $0.052B | 0.00 |
| Research Frontiers (REFR) | United States | $0.039B | 0.00 |
| Spruce Power Holding (SPRU) | United States | $0.033B | 0.00 |
| Flux Power Holdings (FLUX) | United States | $0.030B | 0.00 |
| Stardust Power (SDST) | United States | $0.028B | 0.00 |
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| Key Tronic (KTCC) | United States | $0.026B | 0.00 |
| ESS Tech (GWH) | United States | $0.026B | 0.00 |
| ZOOZ Power (ZOOZ) | Israel | $0.019B | 0.00 |
| CCSC Technology Holdings (CCTG) | Hong Kong, SAR China | $0.015B | 0.00 |
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| SigmaTron (SGMA) | United States | $0.009B | 0.00 |
| MKDWELL Tech (MKDW) | Taiwan | $0.006B | 0.00 |
| BIO-key (BKYI) | United States | $0.005B | 0.00 |
| Dragonfly Energy Holdings (DFLI) | United States | $0.004B | 0.00 |
| Expion360 (XPON) | United States | $0.002B | 0.00 |