GARMIN LTD Quarterly Income Tax Expense (Benefit) in USD from Q1 2010 to Q3 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Garmin Ltd quarterly/annual Income Tax Expense (Benefit) history and growth rate from Q1 2010 to Q3 2024.
  • Garmin Ltd Income Tax Expense (Benefit) for the quarter ending September 28, 2024 was $87.1M, a 290% increase year-over-year.
  • Garmin Ltd Income Tax Expense (Benefit) for the twelve months ending September 28, 2024 was $216M, a 103% increase year-over-year.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2023 was -$89.3M, a 198% decline from 2022.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2022 was $91.4M, a 26.7% decline from 2021.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2021 was $125M, a 12.2% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $216M $87.1M +$64.8M +290% Jun 30, 2024 Sep 28, 2024 10-Q 2024-10-30
Q2 2024 $151M $65.3M +$37.3M +133% Mar 31, 2024 Jun 29, 2024 10-Q 2024-07-31
Q1 2024 $114M $51.1M +$31.6M +163% Dec 31, 2023 Mar 30, 2024 10-Q 2024-05-01
Q4 2023 $81.9M $12.1M -$24.5M -66.9% Oct 1, 2023 Dec 30, 2023 10-K 2024-02-21
Q3 2023 $106M $22.3M +$12.9M +137% Jul 2, 2023 Sep 30, 2023 10-Q 2024-10-30
Q2 2023 $93.5M $28M +$6.94M +32.9% Apr 2, 2023 Jul 1, 2023 10-Q 2024-07-31
Q1 2023 $86.6M $19.4M -$4.83M -19.9% Jan 1, 2023 Apr 1, 2023 10-Q 2024-05-01
Q4 2022 $91.4M $36.6M +$29.4M +411% Sep 25, 2022 Dec 31, 2022 10-K 2024-02-21
Q3 2022 $62M $9.42M -$6.93M -42.4% Jun 26, 2022 Sep 24, 2022 10-Q 2023-11-01
Q2 2022 $68.9M $21.1M -$34M -61.7% Mar 27, 2022 Jun 25, 2022 10-Q 2023-08-02
Q1 2022 $103M $24.3M -$6.21M -20.4% Dec 26, 2021 Mar 26, 2022 10-Q 2023-05-03
Q4 2021 $109M $7.17M -$49.9M -87.4% Sep 30, 2021 Dec 31, 2021 10-K 2023-02-22
Q3 2021 $159M $16.3M -$6.95M -29.8% Jun 27, 2021 Sep 25, 2021 10-Q 2022-10-26
Q2 2021 $166M $55.1M +$40.8M +285% Mar 28, 2021 Jun 26, 2021 10-Q 2022-07-27
Q1 2021 $125M $30.5M +$14M +85.3% Dec 27, 2020 Mar 27, 2021 10-Q 2022-04-27
Q4 2020 $111M $57M +$130M Sep 27, 2020 Dec 26, 2020 10-K 2023-02-22
Q3 2020 -$19.3M $23.3M -$6.6M -22.1% Jun 28, 2020 Sep 26, 2020 10-Q 2021-10-27
Q2 2020 -$12.7M $14.3M -$37.8M -72.5% Mar 29, 2020 Jun 27, 2020 10-K 2023-02-22
Q1 2020 $25.1M $16.5M -$9.64M -36.9% Dec 29, 2019 Mar 28, 2020 10-Q/A 2021-04-30
Q4 2019 $34.7M -$73.4M -$115M -276% Sep 29, 2019 Dec 28, 2019 10-K 2022-02-16
Q3 2019 $150M $29.9M +$12.8M +74.7% Jun 30, 2019 Sep 28, 2019 10-Q 2020-10-28
Q2 2019 $137M $52.1M +$6.4M +14% Mar 31, 2019 Jun 29, 2019 10-Q 2020-07-29
Q1 2019 $131M $26.1M +$1.49M +6.04% Dec 30, 2018 Mar 30, 2019 10-Q 2020-04-29
Q4 2018 $129M $41.7M -$183K -0.44% Sep 30, 2018 Dec 29, 2018 10-K 2021-02-17
Q3 2018 $129M $17.1M -$21.7M -55.9% Jul 1, 2018 Sep 29, 2018 10-Q 2019-10-30
Q2 2018 $151M $45.7M -$11.6M -20.3% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-31
Q1 2018 $163M $24.6M +$175M Dec 31, 2017 Mar 31, 2018 10-Q 2019-05-01
Q4 2017 -$11.9M $41.9M +$7.91M +23.3% Oct 1, 2017 Dec 30, 2017 10-K 2020-02-19
Q3 2017 -$19.8M $38.8M +$14.1M +57.2% Jul 2, 2017 Sep 30, 2017 10-Q 2018-10-31
Q2 2017 -$34M $57.3M +$14.6M +34.2% Apr 2, 2017 Jul 1, 2017 10-Q 2018-08-01
Q1 2017 -$48.6M -$150M -$169M -871% Jan 1, 2017 Apr 1, 2017 10-Q 2018-05-02
Q4 2016 $121M $34M +$13.8M +68.6% Sep 25, 2016 Dec 31, 2016 10-K 2019-02-20
Q3 2016 $107M $24.7M -$20.9M -45.8% Jun 26, 2016 Sep 24, 2016 10-Q 2017-11-01
Q2 2016 $128M $42.7M +$6.93M +19.4% Mar 27, 2016 Jun 25, 2016 10-Q 2017-08-02
Q1 2016 $121M $19.5M +$10.1M +107% Dec 27, 2015 Mar 26, 2016 10-Q 2017-05-03
Q4 2015 $111M $20.2M +$30.5M Sep 27, 2015 Dec 26, 2015 10-K 2018-02-21
Q3 2015 $80.5M $45.6M -$274M -85.7% Jun 28, 2015 Sep 26, 2015 10-Q 2016-10-26
Q2 2015 $354M $35.8M +$9.07M +33.9% Mar 29, 2015 Jun 27, 2015 10-Q 2016-07-27
Q1 2015 $345M $9.4M -$14.2M -60.2% Dec 28, 2014 Mar 28, 2015 10-Q 2016-04-27
Q4 2014 $360M -$10.3M -$51.3M -125% Sep 28, 2014 Dec 27, 2014 10-K 2017-02-22
Q3 2014 $411M $319M +$346M Jun 29, 2014 Sep 27, 2014 10-Q 2015-10-28
Q2 2014 $64.5M $26.7M -$7.36M -21.6% Mar 29, 2014 Jun 28, 2014 10-Q 2014-07-30
Q1 2014 $71.8M $23.6M +$30.7M Dec 29, 2013 Mar 29, 2014 10-Q 2015-04-29
Q4 2013 $41.1M $41M +$15.3M +59.9% Sep 29, 2013 Dec 28, 2013 10-K 2016-02-17
Q3 2013 $25.8M -$26.9M -$49.1M -221% Jun 30, 2013 Sep 28, 2013 10-Q 2014-10-29
Q2 2013 $75M $34.1M +$12.6M +58.3% Mar 30, 2013 Jun 29, 2013 10-Q 2014-07-30
Q1 2013 $62.4M -$7.03M -$19.7M -155% Dec 30, 2012 Mar 30, 2013 10-Q 2014-04-30
Q4 2012 $82.1M $25.6M +$6.05M +30.9% Sep 30, 2012 Dec 29, 2012 10-K 2015-02-18
Q3 2012 $76.1M $22.3M -$2.38M -9.64% Jul 1, 2012 Sep 29, 2012 10-Q 2013-10-30
Q2 2012 $78.5M $21.5M +$3.94M +22.4% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-07
Q1 2012 $74.5M $12.7M +$11.3M +779% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-08
Q4 2011 $63.3M $19.6M -$3.95M -16.8% Sep 25, 2011 Dec 31, 2011 10-K 2014-02-19
Q3 2011 $67.2M $24.7M +$93.3M Jun 26, 2011 Sep 24, 2011 10-Q 2012-11-07
Q2 2011 -$26.1M $17.6M -$12M -40.5% Mar 27, 2011 Jun 25, 2011 10-Q 2012-08-08
Q1 2011 -$14.1M $1.44M -$6.75M -82.4% Dec 26, 2010 Mar 26, 2011 10-Q 2012-05-09
Q4 2010 -$7.33M $23.5M Sep 26, 2010 Dec 25, 2010 10-K 2013-02-27
Q3 2010 -$68.6M Jun 27, 2010 Sep 25, 2010 10-Q 2011-11-02
Q2 2010 $29.6M Mar 28, 2010 Jun 26, 2010 10-Q/A 2011-08-30
Q1 2010 $8.19M Dec 27, 2009 Mar 27, 2010 10-Q 2011-05-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.