GRMN FY 2024 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

FY 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$6.3B+20.4% YoY

Gross Profit

$3.7B58.7% margin

Operating Income

$1.6B25.3% margin

Net Income

$1.4B22.4% margin

EPS (Diluted)

$7.30

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.2B

Stock-Based Comp.

$137M

Balance Sheet

Total Assets

$9.6B

Total Liabilities

$1.8B

Stockholders' Equity

$7.8B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$5.2B	+20.4%
Gross Profit	$3.7B	$3.0B	+23.0%
Operating Income	$1.6B	$1.1B	+45.9%
Net Income	$1.4B	$1.3B	+9.4%