Garmin (GRMN) EBT (2009 - 2026)
Garmin (GRMN) recorded EBT of $651.06 million in Q2 2026, up 35.6% from $480.25 million a year earlier and up 37.8% from the prior quarter.
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Analysis
Garmin (GRMN) EBT (2009 - 2026) Analysis & Trends
On a TTM basis, Garmin's EBT came in at $2.27 billion as of Jun 27, 2026, up 21.2% year-over-year; for FY2025, it was $2.01 billion, up 18.8% from FY2024.
- Annual EBT has increased for three straight years, with a five-year compound annual growth rate of 12.8% (FY2020 to FY2025).
- Across earlier years, EBT came in at $1.7 billion in FY2024 (+41.2%), $1.2 billion in FY2023 (+12.7%), $1.06 billion in FY2022 (-11.8%) and $1.21 billion in FY2021 (+9.4%).
- The Q2 2026 figure is the highest quarterly EBT in data going back to Q1 2009.
- On a year-over-year basis, EBT has increased for 13 consecutive quarters, with growth averaging 30.5% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 73.9% in Q3 2024, against a decline of 25.0% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $472.53 million (Q1 2026), $635.39 million (Q4 2025) and $509.82 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 36.27 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 4.93 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 5.13 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 1.50 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 7.85 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 1.51 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 3.25 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 3.00 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | -7.46 Bn |
| 10 | Garmin | 55.35 Bn | 44.71 Bn | 1.26 Bn | 651.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 651.06 Mn |
| Mar 28, 2026 | 472.53 Mn |
| Dec 27, 2025 | 635.39 Mn |
| Sep 27, 2025 | 509.82 Mn |
| Jun 28, 2025 | 480.25 Mn |
| Mar 29, 2025 | 389.08 Mn |
| Dec 28, 2024 | 516.14 Mn |
| Sep 28, 2024 | 486.25 Mn |
| Jun 29, 2024 | 365.97 Mn |
| Mar 30, 2024 | 327.04 Mn |
| Dec 30, 2023 | 383.04 Mn |
| Sep 30, 2023 | 279.57 Mn |
| Jul 1, 2023 | 315.98 Mn |
| Apr 1, 2023 | 221.77 Mn |
| Dec 31, 2022 | 329.88 Mn |
| Sep 24, 2022 | 220.27 Mn |
| Jun 25, 2022 | 278.97 Mn |
| Mar 26, 2022 | 235.86 Mn |
| Dec 25, 2021 | 308.84 Mn |
| Sep 25, 2021 | 275.39 Mn |
API Access
Garmin EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=GRMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "GRMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=GRMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();