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: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated 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

Americas

979,390,000 US dollars

EMEA

766,069,000 US dollars

Asia Pacific

276,633,000 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.