GRMN— GARMIN LTD

Health CareConsumer products$59.9B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Net sales	$7.25B+15.1%	$6.30B+20.4%	$5.23B+7.6%	$4.86B
Cost of goods sold	$2.99B+15.0%	$2.60B+17.0%	$2.22B+8.3%	$2.05B
Gross profit	$4.26B+15.1%	$3.70B+23.0%	$3.00B+7.1%	$2.81B
Research and development expense	$1.13B+13.3%	$993.6M+9.8%	$904.7M+8.4%	$834.9M
Selling, general and administrative expenses	$1.25B+13.1%	$1.11B+10.0%	$1.01B+6.8%	$944.0M
Total operating expense	$2.38B+13.2%	$2.10B+9.9%	$1.91B+7.5%	$1.78B
Operating income	$1.88B+17.7%	$1.59B+45.9%	$1.09B+6.3%	$1.03B
Interest income	$128.9M+13.5%	$113.5M+46.9%	$77.3M+89.3%	$40.8M
Foreign currency gains (losses)	$7.8M+138.1%	-$20.6M-177.9%	$26.4M+334.5%	-$11.3M
Other income	$1.7M-79.5%	$8.5M+90.3%	$4.5M-41.1%	$7.6M
Total other income (expense)	$138.5M+36.5%	$101.4M-6.3%	$108.2M+191.4%	$37.1M
Income before income taxes	$2.01B+18.8%	$1.70B+41.2%	$1.20B+12.7%	$1.06B
Income tax provision (benefit)	—	—	—	—
Current	$268.1M-28.2%	$373.6M+49.2%	$250.4M+7.1%	$233.8M
Deferred	$82.5M+192.1%	-$89.6M+73.6%	-$339.7M-138.5%	-$142.5M
Total income tax provision (benefit)	$350.6M+23.5%	$284.0M+418.1%	-$89.3M-197.7%	$91.4M
Net income	$1.66B+17.9%	$1.41B+9.4%	$1.29B+32.5%	$973.6M
Basic net income per share	$8650.00+17.7%	$7350.00+9.1%	$6740.00+33.2%	$5060.00
Diluted net income per share	$8590.00+17.7%	$7300.00+8.8%	$6710.00+33.1%	$5040.00

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.