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Garmin (GRMN) Cost of Revenue: 2009-2025

Historic Cost of Revenue for Garmin (GRMN) over the last 14 years, with Sep 2025 value amounting to $724.4 million.

  • Garmin's Cost of Revenue rose 14.18% to $724.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.9 billion, marking a year-over-year increase of 15.71%. This contributed to the annual value of $2.6 billion for FY2024, which is 16.96% up from last year.
  • According to the latest figures from Q3 2025, Garmin's Cost of Revenue is $724.4 million, which was down 3.10% from $747.6 million recorded in Q2 2025.
  • Garmin's 5-year Cost of Revenue high stood at $747.6 million for Q2 2025, and its period low was $430.8 million during Q1 2021.
  • In the last 3 years, Garmin's Cost of Revenue had a median value of $634.4 million in 2024 and averaged $631.5 million.
  • Its Cost of Revenue has fluctuated over the past 5 years, first spiked by 54.06% in 2021, then fell by 9.38% in 2022.
  • Over the past 5 years, Garmin's Cost of Revenue (Quarterly) stood at $619.5 million in 2021, then decreased by 9.38% to $561.4 million in 2022, then increased by 10.15% to $618.4 million in 2023, then rose by 20.10% to $742.6 million in 2024, then rose by 14.18% to $724.4 million in 2025.
  • Its last three reported values are $724.4 million in Q3 2025, $747.6 million for Q2 2025, and $650.6 million during Q1 2025.