GARMIN LTD Annual Operating Income (Loss) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
The net result for the period of deducting operating expenses from operating revenues.
Summary
Garmin Ltd quarterly/annual Operating Income (Loss) history and growth rate from 2010 to 2024.
  • Garmin Ltd Operating Income (Loss) for the quarter ending December 28, 2024 was $516M, a 51.6% increase year-over-year.
  • Garmin Ltd Operating Income (Loss) for the twelve months ending December 28, 2024 was $1.59B, a 45.9% increase year-over-year.
  • Garmin Ltd annual Operating Income (Loss) for 2024 was $1.59B, a 45.9% increase from 2023.
  • Garmin Ltd annual Operating Income (Loss) for 2023 was $1.09B, a 6.26% increase from 2022.
  • Garmin Ltd annual Operating Income (Loss) for 2022 was $1.03B, a 15.7% decline from 2021.
Operating Income (Loss), Trailing 12 Months (USD)
Operating Income (Loss), Annual (USD)
Operating Income (Loss), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $1.59B +$502M +45.9% Dec 31, 2023 Dec 28, 2024 10-K 2025-02-19
2023 $1.09B +$64.3M +6.26% Jan 1, 2023 Dec 30, 2023 10-K 2025-02-19
2022 $1.03B -$191M -15.7% Dec 26, 2021 Dec 31, 2022 10-K 2025-02-19
2021 $1.22B +$164M +15.6% Dec 27, 2020 Dec 25, 2021 10-K 2024-02-21
2020 $1.05B +$109M +11.5% Dec 29, 2019 Dec 26, 2020 10-K 2023-02-22
2019 $946M +$167M +21.5% Dec 30, 2018 Dec 28, 2019 10-K 2022-02-16
2018 $778M +$94.7M +13.9% Dec 31, 2017 Dec 29, 2018 10-K 2021-02-17
2017 $684M +$50.8M +8.02% Jan 1, 2017 Dec 30, 2017 10-K 2020-02-19
2016 $633M +$83.3M +15.2% Dec 27, 2015 Dec 31, 2016 10-K 2019-02-20
2015 $550M -$141M -20.4% Dec 28, 2014 Dec 26, 2015 10-K 2018-02-21
2014 $691M +$117M +20.3% Dec 29, 2013 Dec 27, 2014 10-K 2017-02-22
2013 $574M -$30.1M -4.99% Dec 30, 2012 Dec 28, 2013 10-K 2016-02-17
2012 $604M +$50.4M +9.1% Jan 1, 2012 Dec 29, 2012 10-K 2015-02-18
2011 $554M -$82.9M -13% Dec 26, 2010 Dec 31, 2011 10-K 2014-02-19
2010 $637M Dec 27, 2009 Dec 25, 2010 10-K 2013-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.