GRMN Q1 2025 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$46B

Q1 2025 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$1.5B+11.1% YoY

Gross Profit

$885M57.6% margin

Operating Income

$333M21.7% margin

Net Income

$333M21.7% margin

EPS (Diluted)

$1.72

QoQ Revenue Growth

-15.8%

Cash Flow

Operating Cash Flow

$421M

Free Cash Flow

$381M

Stock-Based Comp.

$38M

Balance Sheet

Total Assets

$9.8B

Total Liabilities

$1.6B

Stockholders' Equity

$8.2B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+11.1%
Gross Profit	$885M	$802M	+10.3%
Operating Income	$333M	$298M	+11.5%
Net Income	$333M	$276M	+20.6%

Revenue Segments

Outdoor

$438M29%

Fitness

$385M25%

Marine Segment

$319M21%

Aviation

$223M15%

Automotive Mobile

$169M11%

Geographic Segments

Americas

$746M49%

EMEA

$569M37%

Asia Pacific

$220M14%