Garmin (GRMN) EBITDA (2009 - 2026)
Garmin's (GRMN) quarterly EBITDA came in at $615.5 million in Q2 2026, up 30.32% year-over-year from $472.3 million in Q2 2025, and up 42.59% quarter-over-quarter from $431.7 million in Q1 2026.
Analysis
Garmin (GRMN) EBITDA (2009 - 2026) Analysis & Trends
Garmin has disclosed EBITDA across 18 years of filings, most recently posting $615.5 million for Q2 2026.
- In Q2 2026, EBITDA rose 30.32% year-over-year to $615.5 million; the TTM figure through Jun 2026 stood at $2.1 billion (up 20.44% YoY), while the FY2025 annual figure was $1.9 billion, up 17.7% from the prior year.
- EBITDA came in at $615.5 million for Q2 2026 at Garmin, up from $431.7 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $615.5 million in Q2 2026 to a low of $197.0 million in Q2 2023.
- Average EBITDA over 5 years is $368.7 million, with a median of $336.6 million recorded in 2023.
- Year-over-year, EBITDA retreated 21.13% in 2022 and surged 61.81% in 2024.
- Over 5 years, EBITDA stood at $267.2 million in 2022, then gained by 27.43% to $340.5 million in 2023, then surged by 51.59% to $516.1 million in 2024, then gained by 19.0% to $614.2 million in 2025, then grew by 0.22% to $615.5 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $615.5 million in Q2 2026, $431.7 million in Q1 2026, and $614.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,784.34 Bn | 4,721.94 Bn | 54.77 Bn | 35.70 Bn |
| 2 | Garmin | 52.47 Bn | 49.80 Bn | 1.26 Bn | 615.51 Mn |
| 3 | Vuzix | 212.26 Mn | 194.96 Mn | -645,411.00 | -7.37 Mn |
| 4 | Zepp Health | 77.84 Mn | 8.18 Mn | 23.73 Mn | -12.31 Mn |
| 5 | Foxx Development Holdings | 18.87 Mn | 15.68 Mn | -1.45 Mn | -33.97 Mn |
| 6 | Wearable Devices | 741,166.25 | -18.10 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 615.51 Mn |
| Mar 28, 2026 | 431.67 Mn |
| Dec 27, 2025 | 614.15 Mn |
| Sep 27, 2025 | 456.80 Mn |
| Jun 28, 2025 | 472.30 Mn |
| Mar 29, 2025 | 332.82 Mn |
| Dec 28, 2024 | 516.08 Mn |
| Sep 28, 2024 | 437.48 Mn |
| Jun 29, 2024 | 342.03 Mn |
| Mar 30, 2024 | 298.41 Mn |
| Dec 30, 2023 | 340.45 Mn |
| Sep 30, 2023 | 270.37 Mn |
| Jul 1, 2023 | 284.36 Mn |
| Apr 1, 2023 | 196.98 Mn |
| Dec 31, 2022 | 267.17 Mn |
| Sep 24, 2022 | 239.37 Mn |
| Jun 25, 2022 | 292.74 Mn |
| Mar 26, 2022 | 228.56 Mn |
| Dec 25, 2021 | 315.12 Mn |
| Sep 25, 2021 | 282.67 Mn |