Garmin (GRMN) Consolidated Net Income (2009 - 2026)
Garmin's (GRMN) quarterly Consolidated Net Income came in at $405.1 million in Q1 2026, up 21.73% year-on-year from $332.8 million in Q1 2025, and down 33.73% quarter-over-quarter from $611.2 million in Q4 2025.
Garmin (GRMN) Consolidated Net Income (2009 - 2026) Analysis & Trends
Garmin has disclosed Consolidated Net Income across 18 years of filings, most recently posting $405.1 million for Q1 2026.
- Consolidated Net Income for Q1 2026 came in at $405.1 million, up 21.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (up 10.17% YoY), and the FY2025 annual result was $1.7 billion, up 9.56% from the prior year.
- Consolidated Net Income came in at $405.1 million for Q1 2026 at Garmin, down from $611.2 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $618.4 million in Q4 2024 to a low of $202.3 million in Q2 2023.
- The 5-year median for Consolidated Net Income is $322.7 million (2022), against an average of $345.1 million.
- Across the five-year window, Consolidated Net Income declined 18.65% in 2022 and soared 66.71% in 2024, its largest moves.
- Garmin's Consolidated Net Income stood at $322.7 million in 2022, then climbed by 14.94% to $370.9 million in 2023, then jumped by 66.71% to $618.4 million in 2024, then retreated by 1.15% to $611.2 million in 2025, then sank by 33.73% to $405.1 million in 2026.
- The last three Consolidated Net Income figures came in at $405.1 million (Q1 2026), $611.2 million (Q4 2025), and $401.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 181.67 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 281.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 405.08 Mn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 226.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 84.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | - |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 98.90 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 51.70 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 1.18 Mn |
| 10 | Sensata Technologies Holding | 7.28 Bn | 6.64 Bn | 286.30 Mn | 87.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 405.08 Mn |
| Dec 27, 2025 | 611.23 Mn |
| Sep 27, 2025 | 401.62 Mn |
| Jun 28, 2025 | 400.82 Mn |
| Mar 29, 2025 | 332.77 Mn |
| Dec 28, 2024 | 618.35 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 | 322.71 Mn |
| Sep 24, 2022 | 210.85 Mn |
| Jun 25, 2022 | 257.87 Mn |
| Mar 26, 2022 | 211.59 Mn |
| Dec 25, 2021 | 237.41 Mn |
| Sep 25, 2021 | 259.04 Mn |
| Jun 26, 2021 | 317.00 Mn |