AI English summary of an SEC filing — figures as filed
The company said consolidated revenue for Q4 2024 (13 weeks) rose 23% year over year to $1.82 billion, operating income rose 52% to $516 million, and operating margin was 28.3%.
Key points
AI summaryThe company said consolidated revenue for Q4 2024 (13 weeks) rose 23% year over year to $1.82 billion, operating income rose 52% to $516 million, and operating margin was 28.3%.
The company said consolidated revenue for fiscal 2024 (52 weeks) was $6.30 billion, up 20% from the prior year, and operating income was $1.59 billion, up 46%. It said GAAP EPS was $7.30 and pro forma EPS was $7.39.
The company said it generated operating cash flow of $484 million and free cash flow of $399 million in Q4 2024, paid a quarterly dividend of about $144 million, and repurchased $33 million of its shares. Cash and marketable securities at the end of the period were about $3.7 billion.
The company said it expects consolidated revenue for fiscal 2025 of about $6.80 billion, an increase of about 8% over 2024. It said it expects pro forma EPS of about $7.80, based on a gross margin of about 58.7%, an operating margin of about 25.0% and a pro forma effective tax rate of about 16.5%.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Garmin QQ4 revenue $1.82 billion, operating income $516 million
The company said consolidated revenue for Q4 2024 (13 weeks) rose 23% year over year to $1.82 billion, operating income rose 52% to $516 million, and operating margin was 28.3%.
Source · Based on the filing body and exhibits
Full-year revenue $6.30 billion, operating income $1.59 billion
The company said consolidated revenue for fiscal 2024 (52 weeks) was $6.30 billion, up 20% from the prior year, and operating income was $1.59 billion, up 46%. It said GAAP EPS was $7.30 and pro forma EPS was $7.39.
Source · Based on the filing body and exhibits
Garmin Q4 operating cash flow $484 million, free cash flow $399 million
The company said it generated operating cash flow of $484 million and free cash flow of $399 million in Q4 2024, paid a quarterly dividend of about $144 million, and repurchased $33 million of its shares. Cash and marketable securities at the end of the period were about $3.7 billion.
Source · Based on the filing body and exhibits
Garmin 2025 outlook: revenue of about $6.80 billion
The company said it expects consolidated revenue for fiscal 2025 of about $6.80 billion, an increase of about 8% over 2024. It said it expects pro forma EPS of about $7.80, based on a gross margin of about 58.7%, an operating margin of about 25.0% and a pro forma effective tax rate of about 16.5%.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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