GRMN Q2 2019 Earnings — Garmin Ltd. Revenue & Financial Results | Market Cap Arena

GRMNGarmin Ltd.

$45B

Q2 2019 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$955M+6.8% YoY

Gross Profit

$575M60.3% margin

Operating Income

$256M26.8% margin

Net Income

$224M23.4% margin

EPS (Diluted)

$1.17

QoQ Revenue Growth

+24.6%

Cash Flow

Operating Cash Flow

$111M

Free Cash Flow

$80M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$1.4B

Stockholders' Equity

$4.2B

Cash & Equivalents

$820M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$955M	$894M	+6.8%
Gross Profit	$575M	$523M	+10.0%
Operating Income	$256M	$218M	+17.8%
Net Income	$224M	$190M	+17.5%