Garmin (GRMN) EBITDA Margin (2009 - 2026)

Garmin (GRMN) posted EBITDA Margin of 24.62% for Q1 2026, down 14.82% sequentially from 28.9% in Q4 2025, and up 294.0% YoY from 6.25% in Q1 2025.

Garmin (GRMN) EBITDA Margin (2009 - 2026) Analysis & Trends

Garmin (GRMN) has 17 years of EBITDA Margin data on file, last reported at 24.62% in Q1 2026.

Quarterly EBITDA Margin rose 294.0% year-over-year to 24.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.46% (up 2369.0% YoY) and the FY2025 annual result came in at 25.89%, up 2360.0% from the prior year.
EBITDA Margin eased to 24.62% in Q1 2026 per GRMN's latest filing, from 28.9% in the prior quarter.
The five-year high for EBITDA Margin was 28.9% in Q4 2025, with the low at 51.24% in Q4 2024.
Average EBITDA Margin over 5 years is 18.53%, with a median of 21.68% recorded in 2025.
Year-over-year, EBITDA Margin slumped 7420 bps in 2024 and soared 8014 bps in 2025.
Garmin's EBITDA Margin stood at 20.45% in 2022, then grew by 12 bps to 22.96% in 2023, then sank by 323 bps to 51.24% in 2024, then surged by 156 bps to 28.9% in 2025, then fell by 15 bps to 24.62% in 2026.
Business Quant data shows GRMN's EBITDA Margin at 24.62% in Q1 2026, 28.9% in Q4 2025, and 25.79% in Q3 2025.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	EBITDA Margin (Qtr)
1	Coherent	3,591.32 Bn	3,590.02 Bn	679.95 Mn	-52.13%
2	Novanta	69.39 Bn	69.00 Bn	113.58 Mn	10.69%
3	Keysight Technologies	57.75 Bn	55.57 Bn	995.00 Mn	15.50%
4	Teledyne Technologies	30.63 Bn	30.33 Bn	673.80 Mn	18.86%
5	Fortive	19.14 Bn	18.79 Bn	675.50 Mn	17.93%
6	Trimble	12.33 Bn	12.10 Bn	646.30 Mn	15.32%
7	Cognex	11.87 Bn	11.58 Bn	190.94 Mn	22.30%
8	Sensata Technologies Holding	6.78 Bn	6.14 Bn	286.30 Mn	15.15%
9	Garmin	4.63 Bn	1.93 Bn	1.04 Bn	24.62%
10	Badger Meter	4.28 Bn	4.07 Bn	84.33 Mn	17.39%

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