GARMIN LTD (GRMN) Income Tax Expense (Benefit) USD 2010 - 2024

Historical data

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Garmin Ltd quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • Garmin Ltd Income Tax Expense (Benefit) for the quarter ending March 30, 2024 was $51.1 M, a 163% increase year-over-year.
  • Garmin Ltd Income Tax Expense (Benefit) for the twelve months ending March 30, 2024 was $114 M, a 31.2% increase year-over-year.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2023 was -$89.3 M, a 198% decline from 2022.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2022 was $91.4 M, a 26.7% decline from 2021.
  • Garmin Ltd annual Income Tax Expense (Benefit) for 2021 was $125 M, a 12.2% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Quarterly (USD)
Income Tax Expense (Benefit), YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $114 M $51.1 M +$31.6 M +163% Dec 31, 2023 Mar 30, 2024 10-Q 2024-05-01
Q4 2023 $81.9 M $12.1 M -$24.5 M -66.9% Oct 1, 2023 Dec 30, 2023 10-K 2024-02-21
Q3 2023 $106 M $22.3 M +$12.9 M +137% Jul 2, 2023 Sep 30, 2023 10-Q 2023-11-01
Q2 2023 $93.5 M $28 M +$6.94 M +32.9% Apr 2, 2023 Jul 1, 2023 10-Q 2023-08-02
Q1 2023 $86.6 M $19.4 M -$4.83 M -19.9% Jan 1, 2023 Apr 1, 2023 10-Q 2024-05-01
Q4 2022 $91.4 M $36.6 M +$29.4 M +411% Sep 25, 2022 Dec 31, 2022 10-K 2024-02-21
Q3 2022 $62 M $9.42 M -$6.93 M -42.4% Jun 26, 2022 Sep 24, 2022 10-Q 2023-11-01
Q2 2022 $68.9 M $21.1 M -$34 M -61.7% Mar 27, 2022 Jun 25, 2022 10-Q 2023-08-02
Q1 2022 $103 M $24.3 M -$6.21 M -20.4% Dec 26, 2021 Mar 26, 2022 10-Q 2023-05-03
Q4 2021 $109 M $7.17 M -$49.9 M -87.4% Sep 30, 2021 Dec 31, 2021 10-K 2023-02-22
Q3 2021 $159 M $16.3 M -$6.95 M -29.8% Jun 27, 2021 Sep 25, 2021 10-Q 2022-10-26
Q2 2021 $166 M $55.1 M +$40.8 M +285% Mar 28, 2021 Jun 26, 2021 10-Q 2022-07-27
Q1 2021 $125 M $30.5 M +$14 M +85.3% Dec 27, 2020 Mar 27, 2021 10-Q 2022-04-27
Q4 2020 $111 M $57 M +$130 M Sep 27, 2020 Dec 26, 2020 10-K 2023-02-22
Q3 2020 -$19.3 M $23.3 M -$6.6 M -22.1% Jun 28, 2020 Sep 26, 2020 10-Q 2021-10-27
Q2 2020 -$12.7 M $14.3 M -$37.8 M -72.5% Mar 29, 2020 Jun 27, 2020 10-K 2023-02-22
Q1 2020 $25.1 M $16.5 M -$9.64 M -36.9% Dec 29, 2019 Mar 28, 2020 10-Q/A 2021-04-30
Q4 2019 $34.7 M -$73.4 M -$115 M -276% Sep 29, 2019 Dec 28, 2019 10-K 2022-02-16
Q3 2019 $150 M $29.9 M +$12.8 M +74.7% Jun 30, 2019 Sep 28, 2019 10-Q 2020-10-28
Q2 2019 $137 M $52.1 M +$6.4 M +14% Mar 31, 2019 Jun 29, 2019 10-Q 2020-07-29
Q1 2019 $131 M $26.1 M +$1.49 M +6.04% Dec 30, 2018 Mar 30, 2019 10-Q 2020-04-29
Q4 2018 $129 M $41.7 M -$183 K -0.44% Sep 30, 2018 Dec 29, 2018 10-K 2021-02-17
Q3 2018 $129 M $17.1 M -$21.7 M -55.9% Jul 1, 2018 Sep 29, 2018 10-Q 2019-10-30
Q2 2018 $151 M $45.7 M -$11.6 M -20.3% Apr 1, 2018 Jun 30, 2018 10-Q 2019-07-31
Q1 2018 $163 M $24.6 M +$175 M Dec 31, 2017 Mar 31, 2018 10-Q 2019-05-01
Q4 2017 -$11.9 M $41.9 M +$7.91 M +23.3% Oct 1, 2017 Dec 30, 2017 10-K 2020-02-19
Q3 2017 -$19.8 M $38.8 M +$14.1 M +57.2% Jul 2, 2017 Sep 30, 2017 10-Q 2018-10-31
Q2 2017 -$34 M $57.3 M +$14.6 M +34.2% Apr 2, 2017 Jul 1, 2017 10-Q 2018-08-01
Q1 2017 -$48.6 M -$150 M -$169 M -871% Jan 1, 2017 Apr 1, 2017 10-Q 2018-05-02
Q4 2016 $121 M $34 M +$13.8 M +68.6% Sep 25, 2016 Dec 31, 2016 10-K 2019-02-20
Q3 2016 $107 M $24.7 M -$20.9 M -45.8% Jun 26, 2016 Sep 24, 2016 10-Q 2017-11-01
Q2 2016 $128 M $42.7 M +$6.93 M +19.4% Mar 27, 2016 Jun 25, 2016 10-Q 2017-08-02
Q1 2016 $121 M $19.5 M +$10.1 M +107% Dec 27, 2015 Mar 26, 2016 10-Q 2017-05-03
Q4 2015 $111 M $20.2 M +$30.5 M Sep 27, 2015 Dec 26, 2015 10-K 2018-02-21
Q3 2015 $80.5 M $45.6 M -$274 M -85.7% Jun 28, 2015 Sep 26, 2015 10-Q 2016-10-26
Q2 2015 $354 M $35.8 M +$9.07 M +33.9% Mar 29, 2015 Jun 27, 2015 10-Q 2016-07-27
Q1 2015 $345 M $9.4 M -$14.2 M -60.2% Dec 28, 2014 Mar 28, 2015 10-Q 2016-04-27
Q4 2014 $360 M -$10.3 M -$51.3 M -125% Sep 28, 2014 Dec 27, 2014 10-K 2017-02-22
Q3 2014 $411 M $319 M +$346 M Jun 29, 2014 Sep 27, 2014 10-Q 2015-10-28
Q2 2014 $64.5 M $26.7 M -$7.36 M -21.6% Mar 29, 2014 Jun 28, 2014 10-Q 2014-07-30
Q1 2014 $71.8 M $23.6 M +$30.7 M Dec 29, 2013 Mar 29, 2014 10-Q 2015-04-29
Q4 2013 $41.1 M $41 M +$15.3 M +59.9% Sep 29, 2013 Dec 28, 2013 10-K 2016-02-17
Q3 2013 $25.8 M -$26.9 M -$49.1 M -221% Jun 30, 2013 Sep 28, 2013 10-Q 2014-10-29
Q2 2013 $75 M $34.1 M +$12.6 M +58.3% Mar 30, 2013 Jun 29, 2013 10-Q 2014-07-30
Q1 2013 $62.4 M -$7.03 M -$19.7 M -155% Dec 30, 2012 Mar 30, 2013 10-Q 2014-04-30
Q4 2012 $82.1 M $25.6 M +$6.05 M +30.9% Sep 30, 2012 Dec 29, 2012 10-K 2015-02-18
Q3 2012 $76.1 M $22.3 M -$2.38 M -9.64% Jul 1, 2012 Sep 29, 2012 10-Q 2013-10-30
Q2 2012 $78.5 M $21.5 M +$3.94 M +22.4% Apr 1, 2012 Jun 30, 2012 10-Q 2013-08-07
Q1 2012 $74.5 M $12.7 M +$11.3 M +779% Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-08
Q4 2011 $63.3 M $19.6 M -$3.95 M -16.8% Sep 25, 2011 Dec 31, 2011 10-K 2014-02-19
Q3 2011 $67.2 M $24.7 M +$93.3 M Jun 26, 2011 Sep 24, 2011 10-Q 2012-11-07
Q2 2011 -$26.1 M $17.6 M -$12 M -40.5% Mar 27, 2011 Jun 25, 2011 10-Q 2012-08-08
Q1 2011 -$14.1 M $1.44 M -$6.75 M -82.4% Dec 26, 2010 Mar 26, 2011 10-Q 2012-05-09
Q4 2010 -$7.33 M $23.5 M Sep 26, 2010 Dec 25, 2010 10-K 2013-02-27
Q3 2010 -$68.6 M Jun 27, 2010 Sep 25, 2010 10-Q 2011-11-02
Q2 2010 $29.6 M Mar 28, 2010 Jun 26, 2010 10-Q/A 2011-08-30
Q1 2010 $8.19 M Dec 27, 2009 Mar 27, 2010 10-Q 2011-05-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.