As per recent company data, Garmin earned 11 percent of its revenue from the automotive segment in 2022, whilst the combined outdoor and fitness segment earned 54 percent of the revenue. In total, the firm earned approximately 4.86 million U.S. dollars in revenue in 2022.
Garmin revenue share worldwide from 2009 to 2022, by segment
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Garmin. (February 21, 2023). Garmin revenue share worldwide from 2009 to 2022, by segment [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/
Garmin. "Garmin revenue share worldwide from 2009 to 2022, by segment." Chart. February 21, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/
Garmin. (2023). Garmin revenue share worldwide from 2009 to 2022, by segment. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/
Garmin. "Garmin Revenue Share Worldwide from 2009 to 2022, by Segment." Statista, Statista Inc., 21 Feb 2023, https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/
Garmin, Garmin revenue share worldwide from 2009 to 2022, by segment Statista, https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/ (last visited December 31, 2024)
Garmin revenue share worldwide from 2009 to 2022, by segment [Graph], Garmin, February 21, 2023. [Online]. Available: https://www.statista.com/statistics/217905/revenue-distribution-of-garmin-by-segment/
