Business Segments Garmin Ltd.

Equities

Market Closed - Nyse Other stock markets 04:00:02 2025-12-05 pm EST			After hours 07:58:17 pm
203.59 ^USD	+0.74%		206.10	+1.23%

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Breakdown by Business Segment (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Video Equipment
Outdoor	1.13B	1.28B	1.5B	1.7B	1.96B
Gross Profit	740M	835M	970M	1.07B	1.31B
Operating Income	441M	481M	556M	515M	703M
Sporting and Recreational Goods
Fitness	1.32B	1.53B	1.11B	1.34B	1.77B
Gross Profit	698M	813M	552M	717M	1.03B
Operating Income	319M	373M	105M	232M	483M
Satellite and Microwave Equipment
Marine	658M	875M	904M	917M	1.07B
Gross Profit	384M	495M	491M	491M	594M
Operating Income	176M	244M	215M	179M	236M
Auto	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
Aircraft Systems, Components and Equipment
Aviation	623M	712M	793M	846M	877M
Gross Profit	453M	520M	573M	626M	657M
Operating Income	137M	192M	213M	226M	211M
Motor Vehicle Safety and Security Systems
Auto OEM	185M	255M	284M	423M	611M
Gross Profit	66.7M	73.34M	90.43M	97.94M	108M
Operating Income	-60.12M	-116M	-78.66M	-61.12M	-38.78M
Auto Consumer	275M	325M	275M	-	-
Gross Profit	140M	154M	130M	-	-
Operating Income	41.46M	45.6M	16.83M	-	-

Geographical breakdown of sales (USD)

Fiscal Period: December	2020	2021	2022	2023	2024
Americas	1.97B	2.35B	2.43B	2.61B	3.04B
Total Assets	467M	576M	677M	736M	757M
Europe, The Middle East and Africa (EMEA)	1.58B	1.86B	1.63B	1.78B	2.32B
Total Assets	114M	120M	122M	141M	137M
Asia Pacific and Australian Continent (APAC)	639M	774M	798M	838M	942M
Total Assets	274M	371M	348M	346M	343M