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Side-by-side financial comparison of Garmin (GRMN) and Williams-Sonoma, Inc. (WSM). Click either name above to swap in a different company.
Garmin is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Williams-Sonoma, Inc.). Garmin runs the higher net margin — 24.9% vs 12.8%, a 12.0% gap on every dollar of revenue. On growth, Garmin posted the faster year-over-year revenue change (16.6% vs 4.6%). Garmin produced more free cash flow last quarter ($429.6M vs $248.1M). Over the past eight quarters, Garmin's revenue compounded faster (24.0% CAGR vs -9.1%).
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.
Williams Sonoma is an American retailer of cookware, appliances, and home furnishings. It is owned by Williams-Sonoma, Inc., and was founded by Charles E. (Chuck) Williams in 1956.
GRMN vs WSM — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.9B |
| Net Profit | $528.7M | $241.6M |
| Gross Margin | 59.2% | 46.1% |
| Operating Margin | 28.9% | 17.0% |
| Net Margin | 24.9% | 12.8% |
| Revenue YoY | 16.6% | 4.6% |
| Net Profit YoY | 21.3% | -3.0% |
| EPS (diluted) | $2.72 | $1.96 |
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.
| Q4 25 | $2.1B | $1.9B | ||
| Q3 25 | $1.8B | $1.8B | ||
| Q2 25 | $1.8B | $1.7B | ||
| Q1 25 | $1.5B | $2.5B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.4B | $2.3B |
| Q4 25 | $528.7M | $241.6M | ||
| Q3 25 | $401.6M | $247.6M | ||
| Q2 25 | $400.8M | $231.3M | ||
| Q1 25 | $332.8M | $384.9M | ||
| Q4 24 | $435.7M | $249.0M | ||
| Q3 24 | $399.1M | $225.7M | ||
| Q2 24 | $300.6M | $265.7M | ||
| Q1 24 | $276.0M | $354.4M |
| Q4 25 | 59.2% | 46.1% | ||
| Q3 25 | 59.1% | 47.1% | ||
| Q2 25 | 58.8% | 44.3% | ||
| Q1 25 | 57.6% | 45.2% | ||
| Q4 24 | 59.3% | 46.7% | ||
| Q3 24 | 60.0% | 46.2% | ||
| Q2 24 | 57.3% | 48.3% | ||
| Q1 24 | 58.1% | 46.0% |
| Q4 25 | 28.9% | 17.0% | ||
| Q3 25 | 25.8% | 17.9% | ||
| Q2 25 | 26.0% | 16.8% | ||
| Q1 25 | 21.7% | 20.1% | ||
| Q4 24 | 28.3% | 17.8% | ||
| Q3 24 | 27.6% | 16.2% | ||
| Q2 24 | 22.7% | 19.5% | ||
| Q1 24 | 21.6% | 20.1% |
| Q4 25 | 24.9% | 12.8% | ||
| Q3 25 | 22.7% | 13.5% | ||
| Q2 25 | 22.1% | 13.4% | ||
| Q1 25 | 21.7% | 15.6% | ||
| Q4 24 | 23.9% | 13.8% | ||
| Q3 24 | 25.2% | 12.6% | ||
| Q2 24 | 20.0% | 16.0% | ||
| Q1 24 | 20.0% | 15.6% |
| Q4 25 | $2.72 | $1.96 | ||
| Q3 25 | $2.08 | $2.00 | ||
| Q2 25 | $2.07 | $1.85 | ||
| Q1 25 | $1.72 | $1.02 | ||
| Q4 24 | $2.24 | $1.96 | ||
| Q3 24 | $2.07 | $1.74 | ||
| Q2 24 | $1.56 | $4.07 | ||
| Q1 24 | $1.43 | $5.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3B | $884.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.0B | $2.1B |
| Total Assets | $11.0B | $5.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3B | $884.7M | ||
| Q3 25 | $2.1B | $985.8M | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $2.2B | $1.2B | ||
| Q4 24 | $2.1B | $826.8M | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $1.9B | $1.3B | ||
| Q1 24 | $1.9B | $1.3B |
| Q4 25 | $9.0B | $2.1B | ||
| Q3 25 | $8.5B | $2.1B | ||
| Q2 25 | $8.1B | $2.2B | ||
| Q1 25 | $8.2B | $2.1B | ||
| Q4 24 | $7.8B | $1.9B | ||
| Q3 24 | $7.5B | $2.3B | ||
| Q2 24 | $7.0B | $2.2B | ||
| Q1 24 | $7.2B | $2.1B |
| Q4 25 | $11.0B | $5.3B | ||
| Q3 25 | $10.5B | $5.2B | ||
| Q2 25 | $10.3B | $5.2B | ||
| Q1 25 | $9.8B | $5.3B | ||
| Q4 24 | $9.6B | $5.0B | ||
| Q3 24 | $9.3B | $5.2B | ||
| Q2 24 | $8.9B | $5.2B | ||
| Q1 24 | $8.6B | $5.3B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $553.8M | $316.3M |
| Free Cash FlowOCF − Capex | $429.6M | $248.1M |
| FCF MarginFCF / Revenue | 20.2% | 13.2% |
| Capex IntensityCapex / Revenue | 5.8% | 3.6% |
| Cash ConversionOCF / Net Profit | 1.05× | 1.31× |
| TTM Free Cash FlowTrailing 4 quarters | $1.4B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $553.8M | $316.3M | ||
| Q3 25 | $485.6M | $282.7M | ||
| Q2 25 | $173.2M | $118.9M | ||
| Q1 25 | $420.8M | $633.5M | ||
| Q4 24 | $483.9M | $253.5M | ||
| Q3 24 | $258.0M | $246.5M | ||
| Q2 24 | $255.3M | $226.8M | ||
| Q1 24 | $435.3M | $674.9M |
| Q4 25 | $429.6M | $248.1M | ||
| Q3 25 | $425.1M | $230.7M | ||
| Q2 25 | $127.5M | $60.7M | ||
| Q1 25 | $380.7M | $566.3M | ||
| Q4 24 | $399.2M | $170.1M | ||
| Q3 24 | $219.4M | $215.1M | ||
| Q2 24 | $218.2M | $187.3M | ||
| Q1 24 | $402.1M | $621.2M |
| Q4 25 | 20.2% | 13.2% | ||
| Q3 25 | 24.0% | 12.6% | ||
| Q2 25 | 7.0% | 3.5% | ||
| Q1 25 | 24.8% | 23.0% | ||
| Q4 24 | 21.9% | 9.4% | ||
| Q3 24 | 13.8% | 12.0% | ||
| Q2 24 | 14.5% | 11.3% | ||
| Q1 24 | 29.1% | 27.3% |
| Q4 25 | 5.8% | 3.6% | ||
| Q3 25 | 3.4% | 2.8% | ||
| Q2 25 | 2.5% | 3.4% | ||
| Q1 25 | 2.6% | 2.7% | ||
| Q4 24 | 4.6% | 4.6% | ||
| Q3 24 | 2.4% | 1.8% | ||
| Q2 24 | 2.5% | 2.4% | ||
| Q1 24 | 2.4% | 2.4% |
| Q4 25 | 1.05× | 1.31× | ||
| Q3 25 | 1.21× | 1.14× | ||
| Q2 25 | 0.43× | 0.51× | ||
| Q1 25 | 1.26× | 1.65× | ||
| Q4 24 | 1.11× | 1.02× | ||
| Q3 24 | 0.65× | 1.09× | ||
| Q2 24 | 0.85× | 0.85× | ||
| Q1 24 | 1.58× | 1.90× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRMN
| Fitness Segment | $765.8M | 36% |
| Outdoor Segment | $627.6M | 30% |
| Marine Segment | $296.9M | 14% |
| Aviation Segment | $274.2M | 13% |
| Auto Oem Segment | $160.4M | 8% |
WSM
Segment breakdown not available.
