Growth Metrics

Garmin (GRMN) Consolidated Net Income: 2009-2024

Historic Consolidated Net Income for Garmin (GRMN) over the last 15 years, with Dec 2024 value amounting to $1.3 billion.

  • Garmin's Consolidated Net Income rose 0.63% to $401.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.5 billion, marking a year-over-year increase of 10.00%. This contributed to the annual value of $1.3 billion for FY2024, which is 39.15% up from last year.
  • According to the latest figures from FY2024, Garmin's Consolidated Net Income is $1.3 billion, which was up 39.15% from $949.9 million recorded in FY2023.
  • In the past 5 years, Garmin's Consolidated Net Income registered a high of $1.3 billion during FY2024, and its lowest value of $831.1 million during FY2022.
  • Its 3-year average for Consolidated Net Income is $1.0 billion, with a median of $949.9 million in 2023.
  • As far as peak fluctuations go, Garmin's Consolidated Net Income declined by 22.81% in 2022, and later spiked by 39.15% in 2024.
  • Garmin's Consolidated Net Income (Yearly) stood at $992.3 million in 2020, then rose by 8.51% to $1.1 billion in 2021, then dropped by 22.81% to $831.1 million in 2022, then rose by 14.29% to $949.9 million in 2023, then surged by 39.15% to $1.3 billion in 2024.