10-K - Garmin Ltd. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Garmin Ltd. reported strong financial performance for fiscal year 2025, with net sales of $7.25 billion and net income of $1.66 billion. The company generated a gross profit of $4.26 billion, representing a gross margin of 58.8%, and achieved operating income of $1.88 billion. Operating cash flow was robust at $1.63 billion, supporting significant capital returns to shareholders through $663.9 million in dividends and $181.0 million in share repurchases. The balance sheet remains healthy with total assets of $10.99 billion, including $2.28 billion in cash and cash equivalents, and stockholders' equity of $8.97 billion. The company maintained strong profitability metrics with basic and diluted earnings per share of $9.00.

Key Takeaways

1Net sales reached $7.25 billion with net income of $1.66 billion

2Operating cash flow was $1.63 billion, supporting shareholder returns

3Gross margin was 58.8% with operating margin of 25.9%

4Dividends paid totaled $663.9 million with $181.0 million in share repurchases

5Total assets were $10.99 billion with $2.28 billion in cash

Key Financial Metrics

EPS

$9.00

Revenue

$7.25B

Net Income

$1.66B

Gross Margin

58.8%

Gross Profit

$4.26B

free cash flow

$1.36B

Operating Income

$1.88B

operating margin

25.9%