GARMIN LTD Annual Operating Income (Loss) in USD from 2010 to 2023

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 2023.
Garmin Ltd Operating Income (Loss) for the quarter ending September 28, 2024 was $437M, a 61.8% increase year-over-year.
Garmin Ltd Operating Income (Loss) for the twelve months ending September 28, 2024 was $1.42B, a 39.2% increase year-over-year.
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.
Garmin Ltd annual Operating Income (Loss) for 2021 was $1.22B, a 15.6% increase from 2020.

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
2023	$1.09B	+$64.3M	+6.26%	Jan 1, 2023	Dec 30, 2023	10-K	2024-02-21
2022	$1.03B	-$191M	-15.7%	Dec 26, 2021	Dec 31, 2022	10-K	2024-02-21
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.