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GRMN FY 2023 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena
GRMN
Garmin Ltd.
$46B
FY 2023 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$5.2B
+7.6% YoY
Gross Profit
$3.0B
57.5% margin
Operating Income
$1.1B
20.9% margin
Net Income
$1.3B
24.7% margin
EPS (Diluted)
$6.71
Cash Flow
Operating Cash Flow
$1.4B
Free Cash Flow
$1.2B
Stock-Based Comp.
$101M
Balance Sheet
Total Assets
$8.6B
Total Liabilities
$1.6B
Stockholders' Equity
$7.0B
Cash & Equivalents
$1.7B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$5.2B
$4.9B
+7.6%
Gross Profit
$3.0B
$2.8B
+7.1%
Operating Income
$1.1B
$1.0B
+6.3%
Net Income
$1.3B
$974M
+32.5%
← Q4 2022
All Quarters
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