Similar companies
| Company | Revenue | |
|---|---|---|
| No data for previous quarter available yet. | ||
Income Statement (NONE)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.81B | 18.2% |
| Gross Profit | 1.07B | 20.6% |
| Cost of Revenue | 748M | 14.9% |
| Operating expense | 595M | 7.8% |
| Net Income | 401M | 20.5% |
| EBITDA | 472M | 24.6% |
Balance Sheet (NONE)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 10.3B | 5.5% |
| Total Liabilities | 2.2B | 36.7% |
| Total Equity | 8.13B | 0.7% |
| Shares Outstanding | 193M | 0.2% |
Cash Flow (NONE)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 173M | 58.8% |
| Cash from investing | -114M | 14.4% |
| Cash from financing | -211M | 3% |
EPS
Financial Highlights for Garmin in Q2 '25
Garmin reported a revenue of 1.81B, which is a 18.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 1.07B, marking a 20.6% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 748M, a 14.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 595M, showing a 7.8% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 401M, showing a 20.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 472M, showing a 24.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Garmin with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
