Garmin (GRMN) Cost of Revenue (2009 - 2026)

Garmin has disclosed Cost of Revenue across 17 years of filings, most recently posting $760.1 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 1.67% year-over-year to $760.1 million; the TTM figure through Jun 2026 stood at $3.1 billion (up 10.35% YoY), while the FY2025 annual figure was $3.0 billion, up 14.95% from the prior year.
• Cost of Revenue came in at $760.1 million for Q2 2026 at Garmin, up from $711.2 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $866.7 million in Q4 2025 to a low of $469.9 million in Q3 2022.
• Average Cost of Revenue over 5 years is $629.9 million, with a median of $626.4 million recorded in 2023.
• Year-over-year, Cost of Revenue fell 9.38% in 2022 and increased 20.1% in 2024.
• Over 5 years, Cost of Revenue stood at $561.4 million in 2022, then grew by 10.15% to $618.4 million in 2023, then rose by 20.1% to $742.6 million in 2024, then advanced by 16.71% to $866.7 million in 2025, then declined by 12.3% to $760.1 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $760.1 million in Q2 2026, $711.2 million in Q1 2026, and $866.7 million in Q4 2025.