A Decade of Gross Profit Trends: Texas Instruments vs. Garmin

In the ever-evolving landscape of technology, Texas Instruments Incorporated and Garmin Ltd. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Texas Instruments consistently outperformed Garmin in gross profit, with a peak in 2022, reaching approximately 13.8 billion USD. This represents a remarkable 85% increase from their 2014 figures. Meanwhile, Garmin's gross profit grew steadily, peaking in 2023 at around 3 billion USD, marking an impressive 87% rise since 2014.

Despite Garmin's consistent growth, Texas Instruments' dominance is evident, maintaining an average gross profit nearly four times that of Garmin. However, the data for 2024 shows a decline for Texas Instruments, with missing data for Garmin, leaving room for speculation about future trends. This financial narrative highlights the dynamic nature of the tech industry and the competitive spirit driving these giants.