GRMN FY 2022 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

FY 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$4.9B-2.5% YoY

Gross Profit

$2.8B57.7% margin

Operating Income

$1.0B21.1% margin

Net Income

$974M20.0% margin

EPS (Diluted)

$5.04

Cash Flow

Operating Cash Flow

$788M

Free Cash Flow

$542M

Stock-Based Comp.

$77M

Balance Sheet

Total Assets

$7.7B

Total Liabilities

$1.5B

Stockholders' Equity

$6.2B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.9B	$5.0B	-2.5%
Gross Profit	$2.8B	$2.9B	-2.9%
Operating Income	$1.0B	$1.2B	-15.7%
Net Income	$974M	$1.1B	-10.0%