GARMIN LTD (GRMN) FY2026 Q2 P&L / Income Statement

GARMIN LTD (GRMN) FY2026 Q2 P&L / Income Statement

Income statement for 2026-03-29 through 2026-06-27. View: Business segment. Revenue and costs use their disclosed categories.

Net sales

2,022,092,000 US dollars

Cost of goods sold

760,070,000 US dollars

Gross profit

1,262,022,000 US dollars

Total operating expense

646,514,000 US dollars

Operating income

615,508,000 US dollars

Total other income (expense)

35,553,000 US dollars

Income before income taxes

651,061,000 US dollars

Income tax provision

109,141,000 US dollars

Net income

541,920,000 US dollars

Fitness Segment revenue

756,823,000 US dollars

Outdoor Segment revenue

482,740,000 US dollars

Aviation Segment revenue

268,749,000 US dollars

Marine Segment revenue

341,369,000 US dollars

Auto OEM Segment revenue

172,411,000 US dollars

Fitness Segment cost of revenue

276,100,000 US dollars

Outdoor Segment cost of revenue

150,421,000 US dollars

Aviation Segment cost of revenue

66,778,000 US dollars

Marine Segment cost of revenue

132,405,000 US dollars

Auto OEM Segment cost of revenue

134,366,000 US dollars

Selling, general and administrative expenses

342,574,000 US dollars

Research and development expense

303,940,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.