Garmin (GRMN) Revenue — Quarter Ended Sep 28, 2024
Revenue increased in the current quarter compared to the prior quarter. The growth was also significant when measured against the same quarter one year earlier.
Key takeaway
Quarter ended Sep 28, 2024 · FY2024 Q3
Revenue increased in the current quarter compared to the prior quarter. The growth was also significant when measured against the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.6B
Revenue reported for this quarter.
Quarter-over-quarter
+5.3%
Change from the immediately preceding quarter.
Year-over-year
+24.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 30, 2023 | $1.5B | +13.5% |
| Mar 30, 2024 | $1.4B | +20.4% |
| Jun 29, 2024 | $1.5B | +14.1% |
| Sep 28, 2024 | $1.6B | +24.1% |
Revenue performance
The reported revenue direction is upward, continuing a pattern of sequential growth seen in recent quarters.
Quarterly comparison
Revenue rose from the immediately preceding quarter and was substantially higher than the same quarter one year earlier.
What to watch
The filing context does not provide specific risk factors or management discussion beyond standard disclosures.