vs

Side-by-side financial comparison of Garmin (GRMN) and Hasbro (HAS). Click either name above to swap in a different company.

Garmin is the larger business by last-quarter revenue ($2.1B vs $1.4B, roughly 1.5× Hasbro). Garmin runs the higher net margin — 24.9% vs 13.9%, a 10.9% gap on every dollar of revenue. On growth, Hasbro posted the faster year-over-year revenue change (31.3% vs 16.6%). Garmin produced more free cash flow last quarter ($429.6M vs $389.5M). Over the past eight quarters, Hasbro's revenue compounded faster (38.2% CAGR vs 24.0%).

Garmin Ltd. is an American multinational technology company based in Olathe, Kansas. The company designs, develops, manufactures, markets, and distributes GPS-enabled products and other navigation, communication, sensor-based, and information products to the automotive, aviation, marine, outdoors, and sport markets.

Hasbro, Inc. is an American multinational toy manufacturing and entertainment holding company founded on December 6, 1923 by Henry, Hillel and Herman Hassenfeld and is incorporated and headquartered in Pawtucket, Rhode Island. Hasbro owns the trademarks and products of Kenner, Milton Bradley, Parker Brothers, and Wizards of the Coast, among others. As of August 2020, over 81.5% of its shares were held by large financial institutions.

GRMN vs HAS — Head-to-Head

Bigger by revenue
GRMN
GRMN
1.5× larger
GRMN
$2.1B
$1.4B
HAS
Growing faster (revenue YoY)
HAS
HAS
+14.7% gap
HAS
31.3%
16.6%
GRMN
Higher net margin
GRMN
GRMN
10.9% more per $
GRMN
24.9%
13.9%
HAS
More free cash flow
GRMN
GRMN
$40.1M more FCF
GRMN
$429.6M
$389.5M
HAS
Faster 2-yr revenue CAGR
HAS
HAS
Annualised
HAS
38.2%
24.0%
GRMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GRMN
GRMN
HAS
HAS
Revenue
$2.1B
$1.4B
Net Profit
$528.7M
$201.6M
Gross Margin
59.2%
68.7%
Operating Margin
28.9%
20.6%
Net Margin
24.9%
13.9%
Revenue YoY
16.6%
31.3%
Net Profit YoY
21.3%
687.8%
EPS (diluted)
$2.72
$1.46

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRMN
GRMN
HAS
HAS
Q4 25
$2.1B
$1.4B
Q3 25
$1.8B
$1.4B
Q2 25
$1.8B
$980.8M
Q1 25
$1.5B
$887.1M
Q4 24
$1.8B
$1.1B
Q3 24
$1.6B
$1.3B
Q2 24
$1.5B
$995.3M
Q1 24
$1.4B
$757.3M
Net Profit
GRMN
GRMN
HAS
HAS
Q4 25
$528.7M
$201.6M
Q3 25
$401.6M
$233.2M
Q2 25
$400.8M
$-855.8M
Q1 25
$332.8M
$98.6M
Q4 24
$435.7M
$-34.3M
Q3 24
$399.1M
$223.2M
Q2 24
$300.6M
$138.5M
Q1 24
$276.0M
$58.2M
Gross Margin
GRMN
GRMN
HAS
HAS
Q4 25
59.2%
68.7%
Q3 25
59.1%
70.1%
Q2 25
58.8%
77.0%
Q1 25
57.6%
76.9%
Q4 24
59.3%
67.4%
Q3 24
60.0%
70.4%
Q2 24
57.3%
76.1%
Q1 24
58.1%
73.0%
Operating Margin
GRMN
GRMN
HAS
HAS
Q4 25
28.9%
20.6%
Q3 25
25.8%
24.6%
Q2 25
26.0%
-81.4%
Q1 25
21.7%
19.2%
Q4 24
28.3%
5.4%
Q3 24
27.6%
23.6%
Q2 24
22.7%
21.3%
Q1 24
21.6%
15.3%
Net Margin
GRMN
GRMN
HAS
HAS
Q4 25
24.9%
13.9%
Q3 25
22.7%
16.8%
Q2 25
22.1%
-87.3%
Q1 25
21.7%
11.1%
Q4 24
23.9%
-3.1%
Q3 24
25.2%
17.4%
Q2 24
20.0%
13.9%
Q1 24
20.0%
7.7%
EPS (diluted)
GRMN
GRMN
HAS
HAS
Q4 25
$2.72
$1.46
Q3 25
$2.08
$1.64
Q2 25
$2.07
$-6.10
Q1 25
$1.72
$0.70
Q4 24
$2.24
$-0.25
Q3 24
$2.07
$1.59
Q2 24
$1.56
$0.99
Q1 24
$1.43
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRMN
GRMN
HAS
HAS
Cash + ST InvestmentsLiquidity on hand
$2.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$565.5M
Total Assets
$11.0B
$5.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRMN
GRMN
HAS
HAS
Q4 25
$2.3B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.2B
Q4 24
$2.1B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.9B
Stockholders' Equity
GRMN
GRMN
HAS
HAS
Q4 25
$9.0B
$565.5M
Q3 25
$8.5B
$433.8M
Q2 25
$8.1B
$269.7M
Q1 25
$8.2B
$1.2B
Q4 24
$7.8B
$1.2B
Q3 24
$7.5B
$1.3B
Q2 24
$7.0B
$1.2B
Q1 24
$7.2B
$1.0B
Total Assets
GRMN
GRMN
HAS
HAS
Q4 25
$11.0B
$5.6B
Q3 25
$10.5B
$5.5B
Q2 25
$10.3B
$5.2B
Q1 25
$9.8B
$6.0B
Q4 24
$9.6B
$6.3B
Q3 24
$9.3B
$7.2B
Q2 24
$8.9B
$6.9B
Q1 24
$8.6B
$6.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRMN
GRMN
HAS
HAS
Operating Cash FlowLast quarter
$553.8M
$403.2M
Free Cash FlowOCF − Capex
$429.6M
$389.5M
FCF MarginFCF / Revenue
20.2%
26.9%
Capex IntensityCapex / Revenue
5.8%
0.9%
Cash ConversionOCF / Net Profit
1.05×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$829.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRMN
GRMN
HAS
HAS
Q4 25
$553.8M
$403.2M
Q3 25
$485.6M
$280.6M
Q2 25
$173.2M
$71.3M
Q1 25
$420.8M
$138.1M
Q4 24
$483.9M
$259.8M
Q3 24
$258.0M
$222.5M
Q2 24
$255.3M
$187.3M
Q1 24
$435.3M
$177.8M
Free Cash Flow
GRMN
GRMN
HAS
HAS
Q4 25
$429.6M
$389.5M
Q3 25
$425.1M
$260.9M
Q2 25
$127.5M
$55.2M
Q1 25
$380.7M
$124.3M
Q4 24
$399.2M
$200.8M
Q3 24
$219.4M
$174.0M
Q2 24
$218.2M
$135.4M
Q1 24
$402.1M
$132.0M
FCF Margin
GRMN
GRMN
HAS
HAS
Q4 25
20.2%
26.9%
Q3 25
24.0%
18.8%
Q2 25
7.0%
5.6%
Q1 25
24.8%
14.0%
Q4 24
21.9%
18.2%
Q3 24
13.8%
13.6%
Q2 24
14.5%
13.6%
Q1 24
29.1%
17.4%
Capex Intensity
GRMN
GRMN
HAS
HAS
Q4 25
5.8%
0.9%
Q3 25
3.4%
1.4%
Q2 25
2.5%
1.6%
Q1 25
2.6%
1.6%
Q4 24
4.6%
5.4%
Q3 24
2.4%
3.8%
Q2 24
2.5%
5.2%
Q1 24
2.4%
6.0%
Cash Conversion
GRMN
GRMN
HAS
HAS
Q4 25
1.05×
2.00×
Q3 25
1.21×
1.20×
Q2 25
0.43×
Q1 25
1.26×
1.40×
Q4 24
1.11×
Q3 24
0.65×
1.00×
Q2 24
0.85×
1.35×
Q1 24
1.58×
3.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GRMN
GRMN

Fitness Segment$765.8M36%
Outdoor Segment$627.6M30%
Marine Segment$296.9M14%
Aviation Segment$274.2M13%
Auto Oem Segment$160.4M8%

HAS
HAS

Grow Brands$1.1B75%
Optimize Brands$188.7M13%
Digital And Licensing Gaming$135.7M9%
Class Of Principal Product Family Brands$13.1M1%
Filmand TV$2.4M0%

Related Comparisons