Who Generates More Revenue? Intel Corporation or Garmin Ltd.

Revenue Showdown: Intel vs. Garmin

In the ever-evolving tech landscape, revenue generation is a key indicator of a company's market position. From 2014 to 2023, Intel Corporation consistently outperformed Garmin Ltd. in terms of revenue. Intel's revenue peaked in 2021, reaching approximately 79 billion USD, while Garmin's highest revenue was around 5.2 billion USD in 2023. Despite Garmin's steady growth, Intel's revenue was consistently over 10 times higher, highlighting its dominance in the semiconductor industry. However, Garmin's revenue growth rate was impressive, with a 82% increase from 2014 to 2023, compared to Intel's 3% decline over the same period. This trend suggests Garmin's potential to capture more market share in the future. As the tech industry continues to innovate, these revenue trends provide valuable insights into the strategic directions of these two giants.