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

Garmin has reported Cost of Revenue for 17 years, with the latest figure at $760.1 million in Q2 2026.

• Quarterly Cost of Revenue rose 1.67% year-over-year to $760.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.1 billion (up 10.35% YoY) and the FY2025 annual result came in at $3.0 billion, up 14.95% from the prior year.
• Cost of Revenue improved to $760.1 million in Q2 2026 per GRMN's latest filing, from $711.2 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $866.7 million in Q4 2025 and troughed at $469.9 million in Q3 2022.
• A 5-year average of $629.9 million and a median of $626.4 million in 2023 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2024: Cost of Revenue retreated 9.38% in 2022, then rose 20.1% in 2024.
• Over 5 years, Cost of Revenue stood at $561.4 million in 2022, then rose by 10.15% to $618.4 million in 2023, then advanced by 20.1% to $742.6 million in 2024, then grew by 16.71% to $866.7 million in 2025, then retreated by 12.3% to $760.1 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $760.1 million, $711.2 million, and $866.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.