Garmin Operating Expenses 2010-2025 | GRMN
Garmin annual/quarterly operating expenses history and growth rate from 2010 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- Garmin operating expenses for the quarter ending March 31, 2025 were $1.202B, a 10.99% increase year-over-year.
- Garmin operating expenses for the twelve months ending March 31, 2025 were $4.822B, a 12.96% increase year-over-year.
- Garmin annual operating expenses for 2024 were $4.703B, a 13.7% increase from 2023.
- Garmin annual operating expenses for 2023 were $4.136B, a 7.92% increase from 2022.
- Garmin annual operating expenses for 2022 were $3.832B, a 1.81% increase from 2021.
| Garmin Annual Operating Expenses (Millions of US $) |
|
|---|---|
| 2024 | $4,703 |
| 2023 | $4,136 |
| 2022 | $3,832 |
| 2021 | $3,764 |
| 2020 | $3,132 |
| 2019 | $2,812 |
| 2018 | $2,569 |
| 2017 | $2,438 |
| 2016 | $2,413 |
| 2015 | $2,271 |
| 2014 | $2,180 |
| 2013 | $2,058 |
| 2012 | $2,112 |
| 2011 | $2,205 |
| 2010 | $2,053 |
| 2009 | $2,160 |
| Garmin Quarterly Operating Expenses (Millions of US $) |
|
|---|---|
| 2025-03-31 | $1,202 |
| 2024-12-31 | $1,306 |
| 2024-09-30 | $1,149 |
| 2024-06-30 | $1,165 |
| 2024-03-31 | $1,083 |
| 2023-12-31 | $1,142 |
| 2023-09-30 | $1,007 |
| 2023-06-30 | $1,036 |
| 2023-03-31 | $950 |
| 2022-12-31 | $1,039 |
| 2022-09-30 | $901 |
| 2022-06-30 | $948 |
| 2022-03-31 | $944 |
| 2021-12-31 | $1,076 |
| 2021-09-30 | $909 |
| 2021-06-30 | $956 |
| 2021-03-31 | $823 |
| 2020-12-31 | $980 |
| 2020-09-30 | $792 |
| 2020-06-30 | $681 |
| 2020-03-31 | $679 |
| 2019-12-31 | $826 |
| 2019-09-30 | $673 |
| 2019-06-30 | $699 |
| 2019-03-31 | $615 |
| 2018-12-31 | $709 |
| 2018-09-30 | $614 |
| 2018-06-30 | $677 |
| 2018-03-31 | $569 |
| 2017-12-31 | $714 |
| 2017-09-30 | $578 |
| 2017-06-30 | $622 |
| 2017-03-31 | $524 |
| 2016-12-31 | $719 |
| 2016-09-30 | $563 |
| 2016-06-30 | $611 |
| 2016-03-31 | $520 |
| 2015-12-31 | $636 |
| 2015-09-30 | $554 |
| 2015-06-30 | $607 |
| 2015-03-31 | $474 |
| 2014-12-31 | $627 |
| 2014-09-30 | $531 |
| 2014-06-30 | $559 |
| 2014-03-31 | $463 |
| 2013-12-31 | $587 |
| 2013-09-30 | $492 |
| 2013-06-30 | $527 |
| 2013-03-31 | $452 |
| 2012-12-31 | $619 |
| 2012-09-30 | $512 |
| 2012-06-30 | $514 |
| 2012-03-31 | $466 |
| 2011-12-31 | $710 |
| 2011-09-30 | $520 |
| 2011-06-30 | $543 |
| 2011-03-31 | $433 |
| 2010-12-31 | $653 |
| 2010-09-30 | $526 |
| 2010-06-30 | $527 |
| 2010-03-31 | $348 |
| 2009-12-31 | $767 |
| 2009-09-30 | $544 |
| 2009-06-30 | $470 |
| 2009-03-31 | $379 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $40.118B | $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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| Hoya (HOCPY) | Japan | $40.341B | 30.86 |
| Rockwell Automation (ROK) | United States | $37.191B | 34.88 |
| Daikin Industries (DKILY) | Japan | $33.151B | 19.84 |
| Smc (SMCAY) | Japan | $22.674B | 22.19 |
| Flex (FLEX) | United States | $18.644B | 20.96 |
| Teradyne (TER) | United States | $14.494B | 26.11 |
| TD SYNNEX (SNX) | United States | $11.311B | 12.13 |
| MKS (MKSI) | United States | $6.759B | 14.09 |
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| SiTime (SITM) | United States | $5.051B | 0.00 |
| Spectris (SEPJY) | United Kingdom | $4.515B | 0.00 |
| Brother Industries (BRTHY) | Japan | $4.435B | 12.39 |
| Hayward Holdings (HAYW) | United States | $2.987B | 20.01 |
| Enovix (ENVX) | United States | $1.899B | 0.00 |
| Casio Computer (CSIOY) | Japan | $1.797B | 25.11 |
| Plug Power (PLUG) | United States | $1.330B | 0.00 |
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| Bel Fuse (BELFA) | United States | $1.120B | 17.23 |
| Heritage Media (OLVI) | $0.843B | 0.00 | |
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| Daktronics (DAKT) | United States | $0.766B | 24.75 |
| Sigma Lithium (SGML) | Brazil | $0.514B | 0.00 |
| Kimball Electronics (KE) | United States | $0.469B | 17.32 |
| Eastman Kodak (KODK) | United States | $0.464B | 11.73 |
| Star Group (SGU) | United States | $0.393B | 7.63 |
| Kopin (KOPN) | United States | $0.252B | 0.00 |
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| Gauzy (GAUZ) | Israel | $0.164B | 0.00 |
| American Battery Technology (ABAT) | United States | $0.134B | 0.00 |
| Electrovaya (ELVA) | Canada | $0.131B | 0.00 |
| Erayak Power Solution Group (RAYA) | China | $0.089B | 0.00 |
| Universal Electronics (UEIC) | United States | $0.084B | 0.00 |
| Wallbox (WBX) | Spain | $0.082B | 0.00 |
| XCHG (XCH) | $0.081B | 0.00 | |
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| Research Frontiers (REFR) | United States | $0.055B | 0.00 |
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| Flux Power Holdings (FLUX) | United States | $0.024B | 0.00 |
| SigmaTron (SGMA) | United States | $0.018B | 0.00 |
| ESS Tech (GWH) | United States | $0.015B | 0.00 |
| CCSC Technology Holdings (CCTG) | Hong Kong, SAR China | $0.012B | 0.00 |
| Stardust Power (SDST) | United States | $0.012B | 0.00 |
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| Solidion Technology (STI) | United States | $0.011B | 0.66 |
| BIO-key (BKYI) | United States | $0.005B | 0.00 |
| MKDWELL Tech (MKDW) | Taiwan | $0.004B | 0.00 |
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| Dragonfly Energy Holdings (DFLI) | United States | $0.002B | 0.00 |