Garmin Ltd.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 55.4% | 20.8% | 17.0% |
| FY2017 | 57.6% | 21.9% | 22.7% |
| FY2018 | 59.1% | 23.3% | 20.7% |
| FY2019 | 59.5% | 25.2% | 25.3% |
| FY2020 | 59.3% | 25.2% | 23.7% |
| FY2021 | 58.0% | 24.5% | 21.7% |
| FY2022 | 57.7% | 21.1% | 20.0% |
| FY2023 | 57.5% | 20.9% | 24.7% |
| FY2024 | 58.7% | 25.3% | 22.4% |
| FY2025 | 58.7% | 25.9% | 23.0% |