Garmin (GRMN) EBITDA (2009 - 2026)
Garmin's (GRMN) quarterly EBITDA came in at $431.7 million in Q1 2026, up 29.7% year-on-year from $332.8 million in Q1 2025, and down 29.71% quarter-over-quarter from $614.2 million in Q4 2025.
Garmin (GRMN) EBITDA (2009 - 2026) Analysis & Trends
Garmin has disclosed EBITDA across 18 years of filings, most recently posting $431.7 million for Q1 2026.
- EBITDA for Q1 2026 came in at $431.7 million, up 29.7% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 1006.26% YoY), and the FY2025 annual result was $1.9 billion, up 1201.85% from the prior year.
- EBITDA came in at $431.7 million for Q1 2026 at Garmin, down from $614.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $614.2 million in Q4 2025 to a low of -$933.8 million in Q4 2024.
- The 5-year median for EBITDA is $298.4 million (2024), against an average of $268.9 million.
- Across the five-year window, EBITDA sank 374.28% in 2024 and soared 165.77% in 2025, its largest moves.
- Garmin's EBITDA stood at $267.2 million in 2022, then gained by 27.43% to $340.5 million in 2023, then tumbled by 374.28% to -$933.8 million in 2024, then soared by 165.77% to $614.2 million in 2025, then dropped by 29.71% to $431.7 million in 2026.
- The last three EBITDA figures came in at $431.7 million (Q1 2026), $614.2 million (Q4 2025), and $456.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 75.99 Bn | 74.70 Bn | 679.95 Mn | -941.35 Mn |
| 2 | Keysight Technologies | 56.90 Bn | 54.72 Bn | 995.00 Mn | 248.00 Mn |
| 3 | Garmin | 45.32 Bn | 42.62 Bn | 1.04 Bn | 431.67 Mn |
| 4 | Teledyne Technologies | 28.36 Bn | 28.06 Bn | 673.80 Mn | 294.20 Mn |
| 5 | Mks | 21.03 Bn | 20.46 Bn | 507.00 Mn | 106.00 Mn |
| 6 | Fortive | 18.96 Bn | 18.61 Bn | 675.50 Mn | 191.70 Mn |
| 7 | Trimble | 12.56 Bn | 12.32 Bn | 646.30 Mn | 144.00 Mn |
| 8 | Cognex | 10.39 Bn | 10.09 Bn | 190.94 Mn | 59.87 Mn |
| 9 | Esco Technologies | 7.65 Bn | 7.56 Bn | 131.32 Mn | 22.49 Mn |
| 10 | Sensata Technologies Holding | 7.33 Bn | 6.69 Bn | 286.30 Mn | 141.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -933.80 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 |
| Jun 26, 2021 | 371.17 Mn |