Revenue segments as reported by the company.

Fitness

Outdoor

Aviation

Marine

Auto

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Advertising expense

Selling, general and administrative expense

Research and development expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Garmin

Garmin Ltd. is a holding company, which engages in the provision of navigation, communications and information devices, most of which are enabled by Global Positioning System (GPS) technology. It operates through the following segments: Marine, Outdoor, Fitness, Auto OEM, Consumer Auto, and Aviation. The Marine segment manufactures and offers recreational marine electronics such as cartography, Sounders, Radar, Autopilot Systems and Sailing. The Outdoor segment offers products designed for use in outdoor activities such as Outdoor Handhelds, Adventure Watches, Golf Devices, Dog Tracking & Training Device, Garmin Connect & Garmin Connect Mobile, and Connect IQ. The Fitness segment refers to the products designed for use in fitness and activity tracking such as Running & Multi-Sport Watches, Cycling Computers, Power Meters, Safety & Awareness, and Activity Tracking Devices. The Auto OEM and Consumer Auto segments offer products designed for use in the auto market such as Personal Navigation Devices, Original Equipment Manufacturer (OEM) Solutions, and Cameras. The Aviation segment provides solutions to aircraft manufacturers, existing aircraft owners and operators, as well as government/defense customers. The company was founded in 1989 and is headquartered in Schaffhausen, Switzerland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Garmin reports mixed 2022 results, eyes growth through innovation

Garmin faced challenges in 2022 due to currency impact and macroeconomic concerns, leading to a decrease in revenue.
Despite challenges, the company showed strengths in certain segments like Outdoor, Aviation, and Auto OEM with positive growth expectations.
Opportunities lie in new product introductions, focusing on specific segments for growth, and strategic partnerships for future revenue streams.
Overall, Garmin aims for revenue growth in 2023, with a focus on innovation and expanding its market presence.

Garmin reports mixed Q1 results with strong segment growth

Garmin's Q1 2023 performance showcased revenue declines in some segments but strong growth in fitness, aviation, and marine, underlining its diversified portfolio.
The company faces challenges in cost management, operational efficiency, and navigating regional issues in Europe, requiring strategic adjustments for sustained success.
Despite challenges, Garmin's strengths in product innovation, market leadership, and financial stability position it well to capitalize on growth opportunities and drive future profitability.
Overall, Garmin's Q1 results reflect a mix of performance, challenges, and opportunities, signaling a need for strategic focus and operational excellence to drive sustained growth and profitability.

Garmin reports strong Q2 earnings, eyes growth in Aviation and Auto OEM

Garmin delivered a solid performance in Q2 2023 with revenue growth, strong margins, and positive EPS growth.
While facing challenges in certain segments, the company's diversified portfolio and low tax rate are key strengths.
Opportunities lie in segments like Aviation and Auto OEM, supported by healthy cash reserves and free cash flow.
Garmin's updated full-year guidance reflects confidence in its ability to navigate challenges and capitalize on growth opportunities.

Garmin reports robust Q3 earnings, eyes growth amid segment diversity

Garmin's Q3 2023 earnings call reflects strong financial performance across key segments, underpinned by revenue growth and profitability.
While facing challenges in the Marine segment, Garmin's diversified product portfolio and strategic partnerships position it well for future growth.
The company's updated guidance, solid cash position, and growth opportunities signal a positive trajectory for Garmin in the coming quarters.

Garmin posts record revenue in 2023, eyes growth opportunities

Garmin's strong financial performance in Q4 2023 and full-year 2023 underscores its resilience and growth potential across key segments.
While facing challenges in certain segments and tax rate increases, Garmin's strategic initiatives and product launches position it well for future growth.
Investors can look forward to increased dividends, share repurchases, and segment-specific growth opportunities in 2024, supported by solid cash reserves.

Garmin excels in Q1 2024 with robust revenue growth and product launches

Garmin's Q1 2024 earnings call highlighted exceptional financial results, strong revenue growth, and successful product launches across all segments. While facing challenges with increased operating expenses and tax rates, the company remains well-positioned with a solid cash position and strong free cash flow generation. Opportunities lie in leveraging new products for continued growth and innovation.

Garmin excels in Q2 2024, eyes AI and segment growth

Garmin's Q2 2024 performance reflects solid revenue growth and operational efficiency, supported by a diverse product portfolio and global recognition as a top employer. While facing challenges in certain segments, the company's strengths in innovation and market leadership position it well for future growth. Leveraging AI and strategic capital allocation will be key to seizing opportunities and sustaining momentum.

Garmin reports stellar Q3 results, acquires Lumishore for marine expansion

Garmin's Q3 2024 earnings call showcased robust financial results, driven by revenue growth, margin expansion, and increased profitability.
The company's strategic acquisition and segment-wise revenue increases highlight its resilience and potential for sustained success.
While facing challenges in certain segments, Garmin's strong performance underscores its ability to capitalize on opportunities and navigate market dynamics effectively.

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Cost of revenue

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SG&A

Other

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EBITDA

Net income

Earnings per share

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Free cash flow

Garmin Ltd (NASDAQ: GRMN) reported second-quarter FY21 revenue growth of 53% year-on-year to $1.33 billion, beating the analyst consensus of $1.11 billion. Continued strong demand for active lifestyle products, solid recovery within aviation and auto segments drove the numbers.

Garmin Beats On Q2 Earnings, Notes Strong Demand Aided By Sector Recovery, Raises FY21 Guidance

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin® Ltd. (NASDAQ: GRMN), today announced results for the second quarter ended June 26, 2021. Highlights for second quarter 2021 include: Total revenue of $1.33 billion, a 53% increase over the prior year quarter with double-digit growth in all segments Gross margin of 58.8% compared to 59.3% in the prior year quarter Operating margin improved to 28.0% compared to 21.7% in the prior year quarter Operating income of $371 million, a 97% increase over

Garmin announces second quarter results

Apple

Alphabet

Smartwatches are rising in popularity with consumers becoming more health conscious, making it wise to look at names like Garmin (GRMN), Apple (AAPL) and Alphabet (GOOGL).

3 Stocks to Make the Most of Rising Demand for Smartwatches

Investors in this tech company are hoping for a growth upgrade after management held steady last quarter.

Will Garmin Hike Its Outlook This Week?

Garmin's (GRMN) second-quarter 2021 results are likely to reflect strength across fitness, marine, auto and outdoor segments.

Garmin (GRMN) to Report Q2 Earnings: What's in the Cards?

The navigation and wearable tech company appears worth considering heading into its second quarter financial release due out on Wednesday, July 28.

Buy Garmin Stock for Tech Growth and Dividends?

Although the stock is trading near all-time highs, there's still a lot of underlying momentum in terms of revenue growth over the next several quarters. Profitability margins are pushing upper limits as of the past few quarters and will remain leveraged by stronger top-line performance.

Garmin: Long-Term Value At A Relatively High Price

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), is pleased to announce an update to the GI 275 engine indication system (EIS) that includes enhanced display layouts that optimize display space and show more engine data on a single page, ultimately helping pilots quickly view essential engine, fuel and electrical data. In addition, improved graphical information and gauges are used to help pilots dynamically visualize sensor data and accurately as

Garmin GI 275 engine indication system updated with enhanced user experience

OLATHE, Ks.--(BUSINESS WIRE)--Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced the introduction of Smart Glide™, a revolutionary safety tool that helps pilots in loss of engine power emergencies by automating tasks to reduce pilot workload. Smart Glide joins Collier Trophy winning Garmin Autoland as a part of the Autonomí™ family of autonomous flight technologies. In the event of the loss of engine power in a single-engine aircraft, a pilot faces the urgent, wor

Garmin continues to enhance aviation safety with the introduction of Smart Glide

Garmin (GRMN) introduces LiveScope Ice Fishing Bundle LI to help anglers track and catch fish below the ice.

Garmin (GRMN) Boosts Marine Segment With New Fishing Bundle

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today announced that the GFC™ 600H flight control system has received Supplemental Type Certificate (STC) approval for installation on the Bell 505 helicopter, providing a cost-effective flight control solution that reduces pilot workload and improves mission effectiveness. The GFC 600H provides a number of helicopter-tailored safety features, including attitude hold with speed stability, the innova

Garmin announces GFC 600H flight control system certification for Bell 505 helicopters

OLATHE, Kan.--(BUSINESS WIRE)--Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world's largest1 and most innovative marine electronics manufacturer, today announced the LiveScope™ Ice Fishing Bundle LI, a chartplotter and transducer bundle with revolutionary Panoptix LiveScope sonar powered by a lightweight lithium battery. Weighing one-third of comparable lead acid batteries and offering up to 65% more battery life2, the new included lithium battery helps anglers cover mo

Garmin unveils new lithium-powered LiveScope Ice Fishing Bundle, the ultimate portable solution for anglers on and off the ice

Holding on to popular or trending stocks for the long-term can make your portfolio a winner.

Here's How Much a $1000 Investment in Garmin Made 10 Years Ago Would Be Worth Today

It isn't often you see strong sales growth along with an excess of free cash flow.

Why You're Smart to Buy This Growing Cash Cow

Astra Space

SPDR S&P Kensho Final Frontiers ETF

Trimble

Procure Space ETF

Here are five names retail investors are watching on Monday in the aftermath of Sir Richard Branson's successful test space flight on Virgin Galactic Holdings Inc's (NYSE:SPCE) Unity 22 craft. Procure Space ETF (NASDAQ:UFO): Virgin Galactic, Trimble, and Garmin Ltd (NASDAQ:GRMN) are the top three holdings of this ETF, with the Branson-founded company being the top holding.

5 Stocks Retail Investors Have Eyes On Amid Richard Branson-Fueled Space Excitement

Kroger

Lowe's

These companies are giving big bonuses to shareholders.

3 Cheap Dividend Stocks Raising Their Payouts By At Least 10%

Garmin (GRMN) receives STC from FAA for GFC 500 autopilot use in Beech H/J/K/M 35 Bonanza, Cessna 210 D/E/F and T210F, and pre-1965 Mooney M20 C/D/E aircraft.

Garmin (GRMN) Aviation Unit to Gain From GFC 500 Certification

SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen to its second quarter 2021 earnings conference call that will be broadcast over the Internet on Wednesday, July 28, 2021 at 10:30 a.m. ET, with executives of Garmin. The call will be held in conjunction with the company's earnings release, which will be distributed prior to market open on July 28, 2021. What: Garmin Ltd. Second Quarter 2021 Earnings Call When: Wednesday, July 28,

Garmin® Ltd. schedules its second quarter 2021 earnings call

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Micron Technology

Here is a sneak peek into four tech stocks, KLA Corporation, Apple, Garmin and Infosys, which hold promise for stellar performances this earnings season.

4 Hot Tech Stocks to Keep an Eye on This Earnings Season

Ameriprise Financial

Blackrock Inc

CNH Industrial NV

TechnipFMC

NetEase

Petroleo Brasileiro

Taiwan Semiconductor Manufacturing

Texas Instruments

United Microelectronics

ViacomCBS

Releasing two top July stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have a 1-year average weighted gain of +29.9%. The best gain is from the May 2020 portfolio, +74.6%.

V&M Breakouts: Top Growth & Dividend Stocks For July 2021

Fitness firm's new Apple Watch-rival looks the part and tracks loads of data but lacks some real smarts

Venu 2 review: can Garmin make a good smartwatch?

Garmin (GRMN) introduces TXi- engine indication system to expand reach to twin turbine aircraft owners and operators.

Garmin (GRMN) to Boost Aviation Segment With Latest Move

Amazon

Peloton

The healthcare space is witnessing increasing proliferation of wearables and fitness trackers offered by AAPL, AMZN, GOOGL, GRMN and PTON, among others.

Wearable Devices Penetrating Healthcare: 5 Stocks to Watch

Ford Motor Company

NVIDIA

Ball

Casey's General Stores

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Kinross Gold

Stocks are higher across the board halfway through Tuesday trading after Monday's massive snapback rally that followed four days of losses.

Ford, Nvidia, Royal Dutch Shell and More Tuesday Afternoon Analyst Research Calls

Garmin (GRMN) announces latest software update for Edge GPS cycling computers to provide better navigational experience to cyclists and riders.

News for Garmin Stock (GRMN)