Garmin GRMN Marine — Gross Profit
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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-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Garmin's marine — gross profit?
- Garmin (GRMN) reported marine — gross profit of $197.38M in Q1 2026.
- How has Garmin's marine — gross profit changed year-over-year?
- Garmin's marine — gross profit increased by 7.3% year-over-year, from $183.93M to $197.38M.
- What is the long-term trend for Garmin's marine — gross profit?
- Over 4 years (2021 to 2025), Garmin's marine — gross profit has grown at a 7.0% compound annual growth rate (CAGR), from $495.31M to $649.91M.
- What does marine — gross profit mean?
- The profit remaining after subtracting direct production costs from marine segment revenue.
- How do you interpret marine — gross profit?
- Higher gross profit indicates strong pricing power or effective cost management in the marine product line.
- How does marine — gross profit compare across companies?
- Standard gross profit metric; peers in consumer hardware typically maintain similar gross margin profiles.