Garmin GRMN EBIT
EBIT at other companies
Other financials
Where this comes from
Calculated from Garmin’s reported figures.
Plus components not separately reported this period.
The official record: Garmin’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's EBIT?
- Garmin (GRMN) reported EBIT of $431.67M in Q1 2026.
- How has Garmin's EBIT changed year-over-year?
- Garmin's EBIT increased by 29.7% year-over-year, from $332.82M to $431.67M.
- What is the long-term trend for Garmin's EBIT?
- Over 4 years (2021 to 2025), Garmin's EBIT has grown at a 11.4% compound annual growth rate (CAGR), from $1.22B to $1.88B.
- What does EBIT mean?
- Profit before interest and taxes — the business's core earning power.
- How do you interpret EBIT?
- Higher is better. Because it adds back interest, EBIT compares earning power across firms with very different debt loads — the base for interest coverage and the EV/EBIT multiple. For filers reporting operating income it equals that line, excluding non-operating swings.
- How does EBIT compare across companies?
- Comparable across companies regardless of leverage or tax domicile; the standard 'earning power' line for cross-company analysis. Least meaningful for banks and insurers.