Garmin GRMN Auto — Gross Profit
Discontinued — last reported Q4 '22
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The official record: Garmin’s 10-K, filed February 22, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's auto — gross profit?
- Garmin (GRMN) reported auto — gross profit of $56.82M in Q4 2022.
- How has Garmin's auto — gross profit changed year-over-year?
- Garmin's auto — gross profit decreased by 6.0% year-over-year, from $60.45M to $56.82M.
- What does auto — gross profit mean?
- The profit earned from automotive sales after subtracting the direct costs to produce those goods.
- How do you interpret auto — gross profit?
- Higher gross profit margins indicate strong pricing power or efficient manufacturing, while lower margins may signal rising input costs or discounting.
- How does auto — gross profit compare across companies?
- A fundamental profitability metric used by all manufacturing and hardware companies to assess production efficiency.