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Garmin (GRMN) Cost of Revenue (2017 - 2025)

Historic Cost of Revenue for Garmin (GRMN) over the last 16 years, with Q3 2025 value amounting to $724.4 million.

  • Garmin's Cost of Revenue rose 1418.47% 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 1571.41%. This contributed to the annual value of $2.6 billion for FY2024, which is 1695.91% up from last year.
  • According to the latest figures from Q3 2025, Garmin's Cost of Revenue is $724.4 million, which was up 1418.47% from $747.6 million recorded in Q2 2025.
  • Garmin's Cost of Revenue's 5-year high stood at $747.6 million during Q2 2025, with a 5-year trough of $430.8 million in Q1 2021.
  • Moreover, its 5-year median value for Cost of Revenue was $561.4 million (2022), whereas its average is $583.8 million.
  • Per our database at Business Quant, Garmin's Cost of Revenue soared by 5406.24% in 2021 and then crashed by 937.86% in 2022.
  • Garmin's Cost of Revenue (Quarter) stood at $619.5 million in 2021, then dropped by 9.38% to $561.4 million in 2022, then increased by 10.15% to $618.4 million in 2023, then rose by 20.1% to $742.6 million in 2024, then fell by 2.45% to $724.4 million in 2025.
  • Its Cost of Revenue stands at $724.4 million for Q3 2025, versus $747.6 million for Q2 2025 and $650.6 million for Q1 2025.