Net Income Summary of Garmin Ltd.

Garmin Ltd.'s latest annual net income in 2023 was 1.28 Billion USD , up 32.46% from previous year.
Garmin Ltd.'s latest quarterly net income in 2024 Q2 was 300.63 Million USD , up 8.94% from previous quarter.
Garmin Ltd. reported an annual net income of 973.58 Million USD in 2022, down -10.04% from previous year.
Garmin Ltd. reported an annual net income of 1.08 Billion USD in 2021, up 9.06% from previous year.
Garmin Ltd. reported a quarterly net income of 399.11 Million USD for 2024 Q3, up 32.76% from previous quarter.
Garmin Ltd. reported a quarterly net income of 300.63 Million USD for 2024 Q2, up 8.94% from previous quarter.

Annual Net Income Chart of Garmin Ltd. (2023 - 1999)

Historical Annual Net Income of Garmin Ltd. (2023 - 1999)

Year	Net Income	Net Income Growth
2023	1.28 Billion USD	32.46%
2022	973.58 Million USD	-10.04%
2021	1.08 Billion USD	9.06%
2020	992.32 Million USD	4.18%
2019	952.48 Million USD	37.23%
2018	694.08 Million USD	-0.13%
2017	694.95 Million USD	36.05%
2016	510.81 Million USD	11.96%
2015	456.22 Million USD	25.26%
2014	364.21 Million USD	-40.53%
2013	612.41 Million USD	12.91%
2012	542.4 Million USD	4.13%
2011	520.89 Million USD	-10.9%
2010	584.6 Million USD	-16.95%
2009	703.95 Million USD	-3.94%
2008	732.84 Million USD	-14.29%
2007	855.01 Million USD	66.3%
2006	514.12 Million USD	65.2%
2005	311.21 Million USD	51.3%
2004	205.7 Million USD	15.15%
2003	178.63 Million USD	25.1%
2002	142.79 Million USD	25.87%
2001	113.44 Million USD	7.37%
2000	105.66 Million USD	64.67%
1999	64.16 Million USD	0.0%

Year	Net Income	Net Income Growth
2024 Q1	275.96 Million USD	-49.1%
2024 Q3	399.11 Million USD	32.76%
2024 Q2	300.63 Million USD	8.94%
2023 Q1	202.32 Million USD	-31.01%
2023 Q2	287.93 Million USD	42.31%
2023 Q3	257.24 Million USD	-10.66%
2023 Q4	542.12 Million USD	110.75%
2023 FY	1.28 Billion USD	32.46%
2022 Q1	211.59 Million USD	-26.05%
2022 Q2	257.87 Million USD	21.87%
2022 Q3	210.84 Million USD	-18.24%
2022 Q4	293.27 Million USD	39.09%
2022 FY	973.58 Million USD	-10.04%
2021 Q4	286.13 Million USD	10.46%
2021 FY	1.08 Billion USD	9.06%
2021 Q3	259.03 Million USD	-18.28%
2021 Q2	316.99 Million USD	44.07%
2021 Q1	220.02 Million USD	-34.03%
2020 Q2	184.18 Million USD	14.27%
2020 Q3	313.41 Million USD	70.17%
2020 Q1	161.18 Million USD	-55.33%
2020 FY	992.32 Million USD	4.18%
2020 Q4	333.54 Million USD	6.42%
2019 Q2	223.65 Million USD	59.56%
2019 Q4	360.79 Million USD	58.33%
2019 FY	952.48 Million USD	37.23%
2019 Q1	140.17 Million USD	-26.28%
2019 Q3	227.86 Million USD	1.88%
2018 Q2	190.34 Million USD	47.13%
2018 Q1	129.37 Million USD	-6.78%
2018 FY	694.08 Million USD	-0.13%
2018 Q3	184.21 Million USD	-3.22%
2018 Q4	190.15 Million USD	3.22%
2017 Q1	238.4 Million USD	74.52%
2017 Q2	176.97 Million USD	-25.77%
2017 Q3	151.07 Million USD	-14.64%
2017 Q4	138.78 Million USD	-8.14%
2017 FY	694.95 Million USD	36.05%
2016 Q3	125.05 Million USD	-22.36%
2016 Q2	161.06 Million USD	82.84%
2016 Q4	136.6 Million USD	9.24%
2016 Q1	88.09 Million USD	-33.46%
2016 FY	510.81 Million USD	11.96%
2015 Q4	132.38 Million USD	10.97%
2015 Q3	119.29 Million USD	-13.4%
2015 Q2	137.75 Million USD	106.24%
2015 FY	456.22 Million USD	25.26%
2015 Q1	66.79 Million USD	-68.23%
2014 Q4	210.24 Million USD	243.19%
2014 Q2	181.98 Million USD	53.16%
2014 Q1	118.81 Million USD	-27.37%
2014 Q3	-146.83 Million USD	-180.69%
2014 FY	364.21 Million USD	-40.53%
2013 Q2	172.49 Million USD	94.54%
2013 FY	612.41 Million USD	12.91%
2013 Q4	163.58 Million USD	-12.83%
2013 Q3	187.66 Million USD	8.8%
2013 Q1	88.66 Million USD	-31.42%
2012 Q3	140.34 Million USD	-24.51%
2012 Q1	86.85 Million USD	-47.54%
2012 FY	542.4 Million USD	4.13%
2012 Q4	129.29 Million USD	-7.88%
2012 Q2	185.9 Million USD	114.03%
2011 Q4	165.55 Million USD	10.09%
2011 Q1	95.48 Million USD	-28.16%
2011 Q3	150.38 Million USD	37.36%
2011 Q2	109.47 Million USD	14.66%
2011 FY	520.89 Million USD	-10.9%
2010 FY	584.6 Million USD	-16.95%
2010 Q1	37.32 Million USD	-86.59%
2010 Q3	279.55 Million USD	107.36%
2010 Q4	132.9 Million USD	-52.46%
2010 Q2	134.81 Million USD	261.16%
2009 FY	703.95 Million USD	-3.94%
2009 Q1	48.53 Million USD	-69.23%
2009 Q2	161.87 Million USD	233.49%
2009 Q3	215.13 Million USD	32.9%
2009 Q4	278.4 Million USD	29.41%
2008 Q3	171.24 Million USD	-33.13%
2008 Q4	157.73 Million USD	-7.89%
2008 Q2	256.09 Million USD	73.29%
2008 Q1	147.77 Million USD	-51.91%
2008 FY	732.84 Million USD	-14.29%
2007 Q3	193.5 Million USD	-9.74%
2007 Q4	307.26 Million USD	58.79%
2007 FY	855.01 Million USD	66.3%
2007 Q2	214.37 Million USD	53.28%
2007 Q1	139.86 Million USD	-22.45%
2006 Q3	122.97 Million USD	-0.25%
2006 Q4	180.34 Million USD	46.65%
2006 FY	514.12 Million USD	65.2%
2006 Q2	123.28 Million USD	40.87%
2006 Q1	87.51 Million USD	0.44%
2005 Q1	47.4 Million USD	-0.42%
2005 Q4	87.13 Million USD	-14.98%
2005 Q3	102.49 Million USD	38.14%
2005 FY	311.21 Million USD	51.3%
2005 Q2	74.19 Million USD	56.52%
2004 Q4	47.6 Million USD	-29.09%
2004 Q3	67.12 Million USD	19.2%
2004 Q2	56.31 Million USD	62.5%
2004 Q1	34.65 Million USD	-36.51%
2004 FY	205.7 Million USD	15.15%
2003 Q4	54.58 Million USD	54.6%
2003 Q2	47.24 Million USD	13.86%
2003 Q3	35.3 Million USD	-25.27%
2003 FY	178.63 Million USD	25.1%
2003 Q1	41.49 Million USD	-8.73%
2002 Q1	26.76 Million USD	-4.58%
2002 Q4	45.46 Million USD	18.31%
2002 FY	142.79 Million USD	25.87%
2002 Q3	38.42 Million USD	19.54%
2002 Q2	32.14 Million USD	20.12%
2001 Q3	25 Million USD	-31.7%
2001 Q1	23.79 Million USD	-13.81%
2001 FY	113.44 Million USD	7.37%
2001 Q4	28.04 Million USD	12.18%
2001 Q2	36.6 Million USD	53.8%
2000 Q3	26.01 Million USD	0.0%
2000 Q1	26.01 Million USD	0.0%
2000 Q4	27.61 Million USD	6.13%
2000 FY	105.66 Million USD	64.67%
2000 Q2	26.01 Million USD	0.0%
1999 FY	64.16 Million USD	0.0%

Peer Net Income Comparison of Garmin Ltd.

Name	Net Income	Net Income Difference
Amphenol Corporation	1.92 Billion USD	33.11%
Benchmark Electronics, Inc.	64.31 Million USD	-1905.187%
BlackSky Technology Inc.	-53.85 Million USD	2494.467%
Badger Meter, Inc.	92.59 Million USD	-1292.726%
Celestica Inc.	244.6 Million USD	-427.243%
CTS Corporation	60.53 Million USD	-2030.503%
ESCO Technologies Inc.	101.88 Million USD	-1165.826%
Fabrinet	296.18 Million USD	-335.422%
Fortive Corporation	865.8 Million USD	-48.953%
Corning Incorporated	581 Million USD	-121.968%
Jabil Inc.	1.38 Billion USD	7.087%
Keysight Technologies, Inc.	1.05 Billion USD	-22.009%
Methode Electronics, Inc.	-123.3 Million USD	1145.933%
Ouster, Inc.	-374.11 Million USD	444.721%
Ouster, Inc.	-374.11 Million USD	444.721%
Ouster, Inc.	-374.11 Million USD	444.721%
Rogers Corporation	56.6 Million USD	-2178.509%
Sensata Technologies Holding plc	-3.9 Million USD	33091.456%
Teledyne Technologies Incorporated	885.7 Million USD	-45.606%
TE Connectivity Ltd.	3.19 Billion USD	59.611%
Vontier Corporation	376.9 Million USD	-242.169%
Vishay Precision Group, Inc.	25.7 Million USD	-4916.673%
Wallbox N.V.	-123.72 Million USD	1142.36%

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Garmin Ltd. (GRMN)

Net Income Summary of Garmin Ltd.

Annual Net Income Chart of Garmin Ltd. (2023 - 1999)

Historical Annual Net Income of Garmin Ltd. (2023 - 1999)

Peer Net Income Comparison of Garmin Ltd.