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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The GPS tech specialist sees a few spending challenges ahead.

Garmin Tells Investors Why Profitability Will Fall in 2020

Garmin shares moved sharply higher Wednesday on better-than-expected fourth quarter earnings and full-year outlook figures.

Garmin Stock Breaks Out on Strong Earnings and Outlook

Garmin (GRMN) earnings for the GPS tech company's fourth quarter of the year have GRMN stock heading higher on Wednesday.

Garmin Earnings: GRMN Stock Surges 7% on Positive Guidance

Garmin Ltd (GRMN) CEO Clifton Pemble on Q4 2019 Results - Earnings Call Transcript

Garmin's (GRMN) fourth-quarter results benefit from strong performance of fitness, outdoor, marine and aviation segments.

Garmin's (GRMN) Q4 Earnings & Revenues Surpass Estimates

Just about everything went right for the GPS device giant based on its fourth-quarter earnings report.

Garmin Shines Through the Holiday Season

Outdoor recreation, fitness and navigation device maker Garmin on Wednesday beat Wall Street's targets for the fourth quarter.

Consumer Electronics Maker Garmin Navigates Fourth-Quarter Beat And Raise

Shares of Garmin Ltd. GRMN, -1.08% rallied 7.1% toward a more-than 12-year high in premarket trading Wednesday, after the maker of navigation, communications and information devices reported fourth-quarter earnings that beat expectations, provided an upbeat outlook and raised its dividend by 7%.

Garmin's stock surges toward 12-year high after earnings beat, upbeat outlook and raised dividend

Kulicke & Soffa Industries

Quaker Chemical

Benjamin Graham's financial strength criteria indicates that if investors screen for stocks that have a current ratio higher than 2 and more working capital than long-term debt, their search is more likely to result in high-quality companies.

A Trio of Quality Stocks for Your Portfolio

Denny's

LPL Financial Hlds

Morgan Stanley

Richard Herman Driehaus, a renowned American businessman and fund manager, created an investment approach using the buy high and sell higher theory.

4 Momentum Picks Screened on Driehaus Strategy: DENN, GRMN, LPLA & MS

Like many investors, you're likely aiming to build a comfortable nest egg to ensure a comfortable retirement. Make sure you know all about what financial planners dub the accumulation and distribution phases of retirement planning.

3 Investing Facts About Required Minimum Distributions You Need to Know - January 29, 2020

For this company, the climb back from Great Recession lows has been a marathon, and it hasn't crossed the finish line yet.

Garmin Stock Clears $100 -- Does It Still Have Room to Run?

Garmin (GRMN) unveils a GPS smartwatch, Approach S62, to expand its share in the wearables market.

Garmin to Gain Traction Among Golfers With Approach S62 Watch

Garmin (GRMN) has been making significant investments in the outdoor segment, which in turn helps it to develop a solid product line.

Garmin (GRMN) Expands in Outdoor Segment With tactix Delta

Fitbit

U.S. trade regulators on Friday said they will investigate wearable monitoring devices, including those made by Fitbit Inc and Garmin Ltd, following a complaint by Koninklijke Philips and its North America unit.

U.S. to probe Fitbit, Garmin other wearable devices after Philips complains

NIKE

Procter & Gamble

A long-term holding period is perfect for these three attractive stocks.

3 Stocks That Could Help  Send Your Kids to College

Here's why Garmin (GRMN) is a strong tech stock to buy.

Why Garmin (GRMN) is a Strong Tech Stock to Buy

Applied Materials

Advantest Corp

Biogen

Chipotle

Lithia Motors

Mastercard

Microsoft

Synopsys

Target

My Stock Picks For 2020

Electronic Arts

Intel

Nutanix

Western Digital

Invest in what you know, like these tech stocks. The companies sell goods that make great gifts.

7 Tech Stocks to Stuff Your Stocking With

Bull of the Day: Garmin (GRMN)

Home Depot

Lululemon Athletica

Garmin is one of several stocks that stand out from peers for reasons other than just impressive sales growth.

3 Growth  Stocks for In-the-Know Investors

Adobe

Welcome to the latest episode of the Full-Court Finance podcast from Zacks Investment Research where Associate Stock Strategist Ben Rains takes a look at 3 large-cap tech stocks that investors might want to buy for December.

3 Large-Cap Tech Stocks to Buy for December

KLA-Tencor

Lam Research

Stocks began Thanksgiving week on a solid note, led by technology stocks. Positive expectations surrounding the U.S.

Tech Stocks Ride on Trade Optimism: 5 Must Haves

Amedisys

DaVita

Ultra Clean

Top Ranked Momentum Stocks to Buy for November 22nd

Despite the U.S.-China trade setback, stocks could still climb in 2019 and beyond, and the tech industry remains a key growth driver.

News for Garmin Stock (GRMN)