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GRMN FY 2024 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena
GRMN
Garmin Ltd.
$46B
FY 2024 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$6.3B
+20.4% YoY
Gross Profit
$3.7B
58.7% margin
Operating Income
$1.6B
25.3% margin
Net Income
$1.4B
22.4% 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%
← Q4 2023
All Quarters
Q1 2024 →