Garmin Revenue 2010-2024 | GRMN
Garmin annual/quarterly revenue history and growth rate from 2010 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- Garmin revenue for the quarter ending September 30, 2024 was $1.586B, a 24.15% increase year-over-year.
- Garmin revenue for the twelve months ending September 30, 2024 was $5.957B, a 17.91% increase year-over-year.
- Garmin annual revenue for 2023 was $5.228B, a 7.57% increase from 2022.
- Garmin annual revenue for 2022 was $4.86B, a 2.46% decline from 2021.
- Garmin annual revenue for 2021 was $4.983B, a 19.02% increase from 2020.
| Garmin Annual Revenue (Millions of US $) |
|
|---|---|
| 2023 | $5,228 |
| 2022 | $4,860 |
| 2021 | $4,983 |
| 2020 | $4,187 |
| 2019 | $3,758 |
| 2018 | $3,347 |
| 2017 | $3,122 |
| 2016 | $3,046 |
| 2015 | $2,820 |
| 2014 | $2,871 |
| 2013 | $2,632 |
| 2012 | $2,716 |
| 2011 | $2,759 |
| 2010 | $2,690 |
| 2009 | $2,946 |
| Garmin Quarterly Revenue (Millions of US $) |
|
|---|---|
| 2024-09-30 | $1,586 |
| 2024-06-30 | $1,507 |
| 2024-03-31 | $1,382 |
| 2023-12-31 | $1,483 |
| 2023-09-30 | $1,278 |
| 2023-06-30 | $1,321 |
| 2023-03-31 | $1,147 |
| 2022-12-31 | $1,306 |
| 2022-09-30 | $1,140 |
| 2022-06-30 | $1,241 |
| 2022-03-31 | $1,173 |
| 2021-12-31 | $1,392 |
| 2021-09-30 | $1,192 |
| 2021-06-30 | $1,327 |
| 2021-03-31 | $1,072 |
| 2020-12-31 | $1,351 |
| 2020-09-30 | $1,109 |
| 2020-06-30 | $870 |
| 2020-03-31 | $856 |
| 2019-12-31 | $1,102 |
| 2019-09-30 | $934 |
| 2019-06-30 | $955 |
| 2019-03-31 | $766 |
| 2018-12-31 | $932 |
| 2018-09-30 | $810 |
| 2018-06-30 | $894 |
| 2018-03-31 | $711 |
| 2017-12-31 | $897 |
| 2017-09-30 | $751 |
| 2017-06-30 | $831 |
| 2017-03-31 | $642 |
| 2016-12-31 | $888 |
| 2016-09-30 | $722 |
| 2016-06-30 | $812 |
| 2016-03-31 | $624 |
| 2015-12-31 | $781 |
| 2015-09-30 | $680 |
| 2015-06-30 | $774 |
| 2015-03-31 | $585 |
| 2014-12-31 | $803 |
| 2014-09-30 | $706 |
| 2014-06-30 | $778 |
| 2014-03-31 | $583 |
| 2013-12-31 | $760 |
| 2013-09-30 | $644 |
| 2013-06-30 | $697 |
| 2013-03-31 | $532 |
| 2012-12-31 | $769 |
| 2012-09-30 | $672 |
| 2012-06-30 | $718 |
| 2012-03-31 | $557 |
| 2011-12-31 | $910 |
| 2011-09-30 | $667 |
| 2011-06-30 | $674 |
| 2011-03-31 | $508 |
| 2010-12-31 | $838 |
| 2010-09-30 | $692 |
| 2010-06-30 | $729 |
| 2010-03-31 | $431 |
| 2009-12-31 | $1,059 |
| 2009-09-30 | $781 |
| 2009-06-30 | $669 |
| 2009-03-31 | $437 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Electrical Products - Miscellaneous | $42.117B | $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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|---|---|---|---|
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| Daikin Industries (DKILY) | Japan | $35.379B | 23.21 |
| Rockwell Automation (ROK) | United States | $33.725B | 30.73 |
| Teradyne (TER) | United States | $19.472B | 39.07 |
| Flex (FLEX) | Singapore | $14.798B | 17.67 |
| TD SYNNEX (SNX) | United States | $10.471B | 11.05 |
| ZEEKR Intelligent Technology Holding (ZK) | China | $7.389B | 0.00 |
| SiTime (SITM) | United States | $5.893B | 0.00 |
| Timken (TKR) | United States | $5.503B | 13.08 |
| Brother Industries (BRTHY) | Japan | $4.659B | 22.92 |
| Hayward Holdings (HAYW) | United States | $3.445B | 27.10 |
| Spectris (SEPJY) | United Kingdom | $3.083B | 0.00 |
| Casio Computer (CSIOY) | Japan | $2.005B | 21.41 |
| Heritage Media (OLVI) | $1.808B | 0.00 | |
| Sigma Lithium (SGML) | Brazil | $1.369B | 0.00 |
| Bel Fuse (BELFA) | United States | $1.233B | 20.14 |
| Bel Fuse (BELFB) | United States | $1.054B | 16.64 |
| Daktronics (DAKT) | United States | $0.858B | 26.87 |
| Preformed Line Products (PLPC) | United States | $0.661B | 20.25 |
| Eastman Kodak (KODK) | United States | $0.546B | 9.70 |
| Kimball Electronics (KE) | United States | $0.473B | 15.71 |
| Star Group (SGU) | United States | $0.406B | 20.53 |
| Stardust Power (SDST) | United States | $0.324B | 0.00 |
| Mistras Group Inc (MG) | United States | $0.284B | 15.78 |
| NOVONIX (NVX) | Australia | $0.246B | 0.00 |
| Kopin (KOPN) | United States | $0.183B | 0.00 |
| SES AI (SES) | United States | $0.176B | 0.00 |
| VOXX (VOXX) | United States | $0.171B | 0.00 |
| Universal Electronics (UEIC) | United States | $0.156B | 0.00 |
| Gauzy (GAUZ) | Israel | $0.153B | 0.00 |
| Wallbox (WBX) | Spain | $0.107B | 0.00 |
| Electrovaya (ELVA) | Canada | $0.093B | 0.00 |
| Lilium (LILMF) | Germany | $0.073B | 0.00 |
| ESS Tech (GWH) | United States | $0.070B | 0.00 |
| AuthID (AUID) | United States | $0.069B | 0.00 |
| American Battery Technology (ABAT) | United States | $0.068B | 0.00 |
| Research Frontiers (REFR) | United States | $0.063B | 0.00 |
| One Stop Systems (OSS) | United States | $0.058B | 0.00 |
| Key Tronic (KTCC) | United States | $0.055B | 51.00 |
| Solidion Technology (STI) | United States | $0.052B | 0.00 |
| Exro Technologies (EXROF) | Canada | $0.052B | 0.00 |
| Spruce Power Holding (SPRU) | United States | $0.051B | 0.00 |
| Li-Cycle Holdings (LICY) | Canada | $0.038B | 0.00 |
| Erayak Power Solution Group (RAYA) | China | $0.036B | 0.00 |
| ZOOZ Power (ZOOZ) | Israel | $0.035B | 0.00 |
| Flux Power Holdings (FLUX) | United States | $0.030B | 0.00 |
| Greenland Technologies Holding (GTEC) | United States | $0.029B | 0.00 |
| Dragonfly Energy Holdings (DFLI) | United States | $0.025B | 0.00 |
| CCSC Technology Holdings (CCTG) | Hong Kong, SAR China | $0.019B | 0.00 |
| SigmaTron (SGMA) | United States | $0.015B | 0.00 |
| Expion360 (XPON) | United States | $0.005B | 0.00 |
| BIO-key (BKYI) | United States | $0.003B | 0.00 |
| Elong Power Holding (ELPW) | United States | $0.003B | 0.00 |
| MKDWELL Tech (MKDW) | Taiwan | $0.002B | 0.00 |