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

Garmin (GRMN) has 17 years of Cost of Revenue data on file, last reported at $711.2 million in Q1 2026.

• Quarterly Cost of Revenue rose 9.32% year-over-year to $711.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.0 billion (up 14.17% YoY) and the FY2025 annual result came in at $3.0 billion, up 14.95% from the prior year.
• Cost of Revenue declined to $711.2 million in Q1 2026 per GRMN's latest filing, from $866.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $866.7 million in Q4 2025, with the low at $469.9 million in Q3 2022.
• Average Cost of Revenue over 5 years is $622.2 million, with a median of $618.4 million recorded in 2023.
• Year-over-year, Cost of Revenue slipped 9.38% in 2022 and advanced 20.1% in 2024.
• Garmin's Cost of Revenue stood at $561.4 million in 2022, then gained by 10.15% to $618.4 million in 2023, then climbed by 20.1% to $742.6 million in 2024, then increased by 16.71% to $866.7 million in 2025, then declined by 17.94% to $711.2 million in 2026.
• Business Quant data shows GRMN's Cost of Revenue at $711.2 million in Q1 2026, $866.7 million in Q4 2025, and $724.4 million in Q3 2025.