Garmin (GRMN) Consolidated Net Income (2009 - 2026)
Garmin's Consolidated Net Income came in at $541.92 million for Q2 2026, up 35.2% from $400.82 million a year earlier and up 33.8% from the prior quarter.
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Analysis
Garmin (GRMN) Consolidated Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Garmin reported Consolidated Net Income of $1.88 billion, up 19.7% year-over-year; for FY2025, it was $1.66 billion, up 17.9% from FY2024.
- Consolidated Net Income has increased in each of the last three years, with a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- Going back by year, Consolidated Net Income was $1.41 billion in FY2024 (+9.4%), $1.29 billion in FY2023 (+32.5%), $973.59 million in FY2022 (-10.0%) and $1.08 billion in FY2021 (+9.1%).
- The Q2 2026 figure represents the highest quarterly Consolidated Net Income in data going back to Q1 2009.
- Year-over-year, Consolidated Net Income has increased for 13 consecutive quarters, with growth averaging 25.7% over the last eight quarters.
- The fastest year-over-year change in Consolidated Net Income over five years came in Q3 2024 (growth of 55.1%), and the weakest in Q2 2022 (a decline of 18.7%).
- Business Quant data shows GRMN's Consolidated Net Income at $405.08 million (Q1 2026), $528.68 million (Q4 2025) and $401.62 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,087.13 Bn | 4,834.62 Bn | 54.77 Bn | 29.79 Bn |
| 2 | Cisco Systems | 413.90 Bn | 349.82 Bn | 11.06 Bn | 3.86 Bn |
| 3 | Dell Technologies | 289.90 Bn | 245.66 Bn | 9.83 Bn | 4.13 Bn |
| 4 | Arista Networks | 215.69 Bn | 169.14 Bn | 1.91 Bn | 1.21 Bn |
| 5 | Sandisk | 184.10 Bn | 172.62 Bn | 7.58 Bn | 6.90 Bn |
| 6 | Sony | 161.13 Bn | 100.89 Bn | 6.53 Bn | 2.20 Bn |
| 7 | Seagate Technology Holdings | 145.63 Bn | 140.62 Bn | 1.90 Bn | 1.29 Bn |
| 8 | Western Digital | 127.86 Bn | 115.99 Bn | 2.03 Bn | 3.20 Bn |
| 9 | Hewlett Packard Enterprise | 73.67 Bn | 51.55 Bn | 4.93 Bn | 1.54 Bn |
| 10 | Garmin | 57.00 Bn | 46.35 Bn | 1.26 Bn | 541.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 541.92 Mn |
| Mar 28, 2026 | 405.08 Mn |
| Dec 27, 2025 | 528.68 Mn |
| Sep 27, 2025 | 401.62 Mn |
| Jun 28, 2025 | 400.82 Mn |
| Mar 29, 2025 | 332.77 Mn |
| Dec 28, 2024 | 435.73 Mn |
| Sep 28, 2024 | 399.11 Mn |
| Jun 29, 2024 | 300.63 Mn |
| Mar 30, 2024 | 275.96 Mn |
| Dec 30, 2023 | 370.92 Mn |
| Sep 30, 2023 | 257.24 Mn |
| Jul 1, 2023 | 287.94 Mn |
| Apr 1, 2023 | 202.33 Mn |
| Dec 31, 2022 | 293.27 Mn |
| Sep 24, 2022 | 210.85 Mn |
| Jun 25, 2022 | 257.87 Mn |
| Mar 26, 2022 | 211.59 Mn |
| Dec 25, 2021 | 286.14 Mn |
| Sep 25, 2021 | 259.04 Mn |
API Access
Garmin Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();