Garmin Gross Profit 2010-2023 | GRMN
Garmin annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Garmin gross profit for the quarter ending December 31, 2023 was $0.864B, a 16% increase year-over-year.
- Garmin gross profit for the twelve months ending December 31, 2023 was $3.005B, a 7.06% increase year-over-year.
- Garmin annual gross profit for 2023 was $3.005B, a 7.06% increase from 2022.
- Garmin annual gross profit for 2022 was $2.807B, a 2.9% decline from 2021.
- Garmin annual gross profit for 2021 was $2.89B, a 16.49% increase from 2020.
| Garmin Annual Gross Profit (Millions of US $) |
|
|---|---|
| 2023 | $3,005 |
| 2022 | $2,807 |
| 2021 | $2,890 |
| 2020 | $2,481 |
| 2019 | $2,234 |
| 2018 | $1,980 |
| 2017 | $1,798 |
| 2016 | $1,689 |
| 2015 | $1,539 |
| 2014 | $1,604 |
| 2013 | $1,407 |
| 2012 | $1,438 |
| 2011 | $1,339 |
| 2010 | $1,346 |
| 2009 | $1,444 |
| Garmin Quarterly Gross Profit (Millions of US $) |
|
|---|---|
| 2023-12-31 | $864 |
| 2023-09-30 | $729 |
| 2023-06-30 | $759 |
| 2023-03-31 | $653 |
| 2022-12-31 | $745 |
| 2022-09-30 | $670 |
| 2022-06-30 | $729 |
| 2022-03-31 | $662 |
| 2021-12-31 | $772 |
| 2021-09-30 | $696 |
| 2021-06-30 | $781 |
| 2021-03-31 | $642 |
| 2020-12-31 | $791 |
| 2020-09-30 | $668 |
| 2020-06-30 | $515 |
| 2020-03-31 | $507 |
| 2019-12-31 | $639 |
| 2019-09-30 | $567 |
| 2019-06-30 | $575 |
| 2019-03-31 | $452 |
| 2018-12-31 | $549 |
| 2018-09-30 | $481 |
| 2018-06-30 | $523 |
| 2018-03-31 | $427 |
| 2017-12-31 | $503 |
| 2017-09-30 | $438 |
| 2017-06-30 | $484 |
| 2017-03-31 | $373 |
| 2016-12-31 | $480 |
| 2016-09-30 | $406 |
| 2016-06-30 | $463 |
| 2016-03-31 | $340 |
| 2015-12-31 | $413 |
| 2015-09-30 | $362 |
| 2015-06-30 | $419 |
| 2015-03-31 | $344 |
| 2014-12-31 | $431 |
| 2014-09-30 | $398 |
| 2014-06-30 | $444 |
| 2014-03-31 | $331 |
| 2013-12-31 | $395 |
| 2013-09-30 | $353 |
| 2013-06-30 | $384 |
| 2013-03-31 | $276 |
| 2012-12-31 | $374 |
| 2012-09-30 | $359 |
| 2012-06-30 | $422 |
| 2012-03-31 | $284 |
| 2011-12-31 | $434 |
| 2011-09-30 | $344 |
| 2011-06-30 | $322 |
| 2011-03-31 | $238 |
| 2010-12-31 | $380 |
| 2010-09-30 | $344 |
| 2010-06-30 | $392 |
| 2010-03-31 | $231 |
| 2009-12-31 | $487 |
| 2009-09-30 | $410 |
| 2009-06-30 | $352 |
| 2009-03-31 | $196 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $27.384B | $5.228B |
| 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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